Evidence
Evidence from real classrooms.
What we measured in our first school pilot, how we measured it, and what we haven't yet shown.
Loreto Mandeville Hall Toorak Year 10 pilot
Started 9 March 2026. Five-week pilot.
138
Year 10 students
6
classes
5 weeks
pilot, from 9 March 2026
Where students started
44.6%
average baseline financial-literacy score
53%
scored below 50% at entry
Baseline figures are from 135 students who completed the baseline assessment.
During the program
119 of 138
students had recorded lesson activity
80.2%
average lesson-quiz score among the 121 students who completed lesson quizzes
Lesson activity is not a completion rate; Loreto allocated content within class time.
What this does and doesn't show
Loreto did not complete a comparable formal post-learning assessment. The lesson-quiz average measures understanding of lessons as students went through them. It is not a post-test, and we do not present it as a change from the baseline.
What students told us
A post-program questionnaire was completed by 14 students. These are small-sample, self-reported results.
86%
rated the content Relevant or Very Relevant (12 of 14 responses)
79%
rated Wealth Wiser Somewhat Easy or Extremely Easy to use (11 of 14 responses)
7.2 / 10
average self-reported confidence-improvement rating
243 written reflections were collected from 30 students.
In students' own words
Responses from Loreto students' lesson reflections and post-program questionnaire, lightly edited for spelling and shared without names.
BEFORE
“[I thought] spending and saving money is just short-term.”
AFTER
“[I realised] all my actions now can affect my later finance management.”
BEFORE
“Before using Wealth Wiser, I thought I didn't have to start learning about money that early.”
AFTER
“After using [it], I realised starting money-saving habits early is beneficial in the long term.”
Asked what they'll use in real life
“I will try using the wants vs needs tactic of seeing if I will want something for a long time or just for a little while.”
Asked what they'd check before taking on a loan or credit card
“Whether I actually need it and if I can afford the repayments without struggling.”
“Thoughtfully designed for busy classrooms, it provides a clear structure that supports teachers to confidently introduce financial concepts. With a strong focus on real world relevance, Wealth Wiser is helping to shape a much needed space in education…”
How the program measures learning
The program is built around three points of measurement. Loreto's pilot used the first two.
Baseline assessment
Students complete a 15-question knowledge assessment before learning begins.
During the program
Session quizzes and reflections capture understanding as students move through each topic.
Post-learning assessment
Students complete a second knowledge assessment after the program.
What we learned and changed
Loreto helped shape a more flexible, teacher-supported delivery model, including optional PowerPoints, discussion prompts, classroom guidance and recommended pacing. Wealth Wiser can sit within an existing school structure or be paired with optional teacher resources and recommended session guidance.
- ~175
- questions reviewed in an answer-quality audit
- 38
- flagged and improved
Quality audit of the question bank following the Loreto pilot.
More to come
A second Year 10 pilot, at Melbourne Grammar School, finished in Term 4 2026. We'll publish its findings once they've been checked with the school.
Developed with support from Monash Generator.
Source: Loreto Mandeville Hall Toorak Year 10 pilot, March–May 2026. Wealth Wiser platform data and a student questionnaire supplied by the school.