Project: Longitudinal evaluation of university financial literacy courses
UWA and Macquarie University each run a one semester financial literacy program for university students. The UWA program is face-to-face; the Macquarie program is via video online. This research project produced two reports.
The first study is a longitudinal evaluation of the UWA program. It looks at students who completed the course in 2012, and compares their long-term outcomes 2013 – 2016 with both a ‘before’ measurement and with a control group. The study shows the course gave a significant improvement in financial literacy, which was sustained over the 3 years, but improvements in financial behaviour were not sustained over time. The full report is here.
The second study is a 2016 comparison of the UWA face to face course, the Macquarie University online video course, and a control group. Both courses lead to an improvement in financial literacy, with the face to face course showing stronger results. The full report is here.