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The Funding Behind the Free
Who Covers the Cost for HSFPP?
When HSFPP staff travel, we spread the message that our curriculum is provided at no cost. Even printed materials are shipped without any shipping or handling fee. The first question we are asked is:
Where does the money come from?
That's not surprising. We teach our students every day to be wary of free offers, to look for the "catch." To put your mind at ease we would like to answer your commonly asked questions in a straightforward manner.
Q: Who pays for HSFPP?
A: The National Endowment for Financial Education (NEFE) funds 100 percent of the HSFPP costs.
Q: Who funds NEFE?
A: NEFE is independently funded by its own endowment which was established with the proceeds of the sale of the College for Financial Planning and related transactions in 1997. Additional growth is realized only through investment of the endowment's assets. |  |
Q: Will NEFE charge for HSFPP in the future?
A: All NEFE resources are provided free of charge. HSFPP has been offered free to the community since 1984. No teacher has ever had to pay for a shipment or use of the materials. There is no plan to change this in the future.
Q: How many students has HSFPP reached?
A: Thanks to our endowment, HSFPP has shipped over 11.5 million student guides to educators in all 50 states and to military bases around the world.
Q: Why does NEFE cover all costs?
A: NEFE wants to make sure that cost does not prohibit a teacher from having quality, unbiased financial education materials.
Q: Is NEFE commercially backed?
A: NEFE operates as a noncommercial entity, free from financial ties to other organizations. NEFE does not accept funding from government or corporations and does not raise revenue through the sale of products or services.
Q: Is NEFE politically influenced?
A: NEFE is nonpartisan. NEFE's president and CEO has been appointed by both Democrat and Republican presidents to the President's Advisory Council on Financial Capability. NEFE provides information to both parties on request based on NEFE's research but does not lobby or take a position on active bills.
Q: What does NEFE hope to accomplish?
A: NEFE's mission is to inspire educated financial decision making for individuals and families through every stage of life. We do so through funding groundbreaking research and by providing noncommercial and unbiased resources to consumers and educators.
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