Frequently Asked Questions
How is World of Money funded?
World of Money is a US-based 501c3 primarily funded through the generosity of individuals and corporations. With this model, programs can be provided to hundreds of young people at a very reduced fee. Simply put, we can only serve as many young people as giving allows.
Does your organization provide adult financial education classes?
We schedule an annual online Parent “Money Matters” Forum.
Where do your students come from?
Our Moguls represent over 200 public, private, charter and independent schools in the New York Tri-State area and nationally.
Is your organization only a summer program?
For alumni, we offer over unique educational programming throughout the year.
Can children from other states enroll at your Manhattan based Institute?
There is no residency requirement.
What time does your Institute operate in July?
9:00am – 4:30pm Sharp
Are children from all racial groups welcome to enroll?
Absolutely! All are welcome!
Does your organization only serve low-income students?
Our families are economically-diverse; but all parents and students have a strong desire for financial and technology education.
How many students graduate from your Institute each year?
99% of our students successfully graduate.
Does your organization offer complimentary financial workshops?
We receive frequent requests to hold financial workshops. However, we believe that students deserve and need a minimum of 40 classroom hours of financial education; as opposed to a one hour workshop.
Do your alumni return each year?
Yes! And we recommend that a child does so as a refresher until they are at least 18 years old.
Do you provide free lunch?
Yes. However, we strongly advise that parents pack a lunch if their child has a large appetite or unique tastes.
Does your organization provide transportation to the Manhattan Institute?
While parents are responsible for their child’s transportation, we are happy to connect other parents in your area to share car-pooling responsibilities.
Do you provide scholarships for low-income parents?
Financial education is an urgent lifelong and generational need. The investment in year-round services for each young person averages at approximately $2,500 each year. The majority of this expense is covered by generous donors – giving both big and small donations. We ask parents to contribute a small percentage of that amount so that we can ensure deep commitment and buy-in from the entire family. As a result, low-income parents report that they learn how to budget and contribute towards what they value and towards their own financial independence.
Is there an Institute dress code?
Yes. All children must dress in business casual attire. Beach and athletic attire, including sneakers are not permitted.
Is there an Institute behavior code?
Yes, zero bullying is permitted by parents or children. There is also a Don’t-Act-A-Fool policy. Parents or children violating this policy will be immediately dismissed.
Does your Institute operate during the school year?
The Institute provides alumni follow-up and enrichment activities in the fall and the spring.
Does World of Money have pipeline educational programming partners?
Yes, we are proud partners with Youth Inc, Posse Foundation, Prep For Prep and A Better Chance. We are happy to recommend our graduates for consideration.
Can I use a payment plan?
Yes! On the website registration page, there are convenient payment options:
- 50% and 50%
- Weekly payments
- Full payment
Is your Institute’s modest contribution refundable?
The Institute registration contribution is non-refundable or transferable, no matter what the reason.
Is there a class late fee?
Yes. There is a $.25 per minute late fee.
Is there homework?
Is there a graduation ceremony?
Yes, there is an annual graduation ceremony to celebrate Institute graduation.
Is the community service day required?
While not required, participation is strongly encouraged.
Are your Financial Presenters screened?
What other classroom supervision is provided?
There is a Financial Presenter and a Classroom Leader assigned to each class.
What is the required dress code?
The dress code is business casual. Athletic wear and sneakers are not permitted during the Institute or on field trips to partner professional organizations. Sperry brand top-sider shoes are excellent examples. Parents of moguls not properly attired will be notified.
What is meant by World of Money's immersive experience?
World of Money has high expectations for positive behavior, home wealth work completion and final quiz. Still, all children who learn differently are among our graduates.
Why is the World of Money Youth Financial Education Training not a camp?
Our Institute in July while other so-called camps operate. However, we provide year round activities. Financial education has generational long impact.
Are parents welcome to participate?
Parents have a powerful impact on their child’s success. World of Money parents are encouraged to participate in the daily assignments and our year round activities.