Assignment - Do the Research
Now it is your turn to make some decisions about your finances. Your grandparents are willing to gift you $500 to get you started with your own financial future. In order to receive this amount, your grandparents have asked you to do some research that will help you decide what financial institution (Bank or Credit Union) would be best for you.
Financial institutes offer special options for students. You need to consider differences in service features, account options, and many other specifics. It is important to consider what kind of things you would use your accounts for, such as number of debits a month or e-transfers. You need to compare Financial institutions and their options to decide which Financial institution is for you.
THE TASK: Pick 3 financial institutions and compare the services they offer students. Choose at least three criteria that are musts in the services that they offer. After you have done that, you will need to decide which one offers services that fit your needs as a student. Use the results of your research to determine which Financial Institution is right for you.
Make sure you organize your information in a format that is easy for the viewer to compare the information found. Provide a written explanation for your choice including evidence to support your decision.
Check out the Resources in the next page prior to doing this assignment.
Submission
Use the "Do the Research" link on the main page of this section of the course to upload your assignment to your teacher for marking.
Your assignment will be graded using the following rubric.
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Content |
Describes and demonstrates a very good understanding of money management |
Describes and demonstrates a very good understanding of money management |
Describes and demonstrates a satisfactory understanding of money management |
Describes and demonstrates a minimal understanding of money management |
Criteria components have not been met. Read, review, and apply all project components. |
|
Personal Relevance |
Demonstrates an excellent understanding of personal relevance of money management |
Demonstrates a very good understanding of personal relevance of money management |
Demonstrates a satisfactory understanding of personal relevance of money management |
Demonstrates a minimal understanding of personal relevance of money management |
Criteria components have not been met. Read, review, and apply all project components |
|
Financial Terminology |
An excellent understanding of key financial terminology |
Demonstrates a very good understanding of key financial terminology |
Demonstrates a satisfactory understanding of key financial terminology |
Demonstrates a minimal understanding of key financial terminology |
Incomplete. Criteria components have not been met. Read, review, and apply all project components |
|
Summary of Decision |
Demonstrates an excellent ability to summarize information |
Demonstrates a very good ability to summarize information |
Demonstrates a satisfactory ability to summarize information |
Demonstrates a minimal ability to summarize information |
Criterial components have not been met. Read, review and apply all project components. |
|
Effort & Accuracy |
Demonstrates excellent effort, creativity and accuracy. |
Demonstrates good effort, creativity and accuracy. |
Demonstrates satisfactory effort, creativity and accuracy. |
Demonstrates minimal level of effort, creativity and accuracy. |
Criteria components have not been met. Read, review, and apply all project components. 0 points |
Submit your responses to the questions in the online text box or attach a file to the assignment submission link.