SparkPoint at Skyline College has launched SparkPoint Cash; a financial education program that rewards students for smart money management.  SparkPoint Cash simplifies the financial coaching process for students by providing them with a menu of positive financial behaviors from which to choose. Students meet with their financial coach, identify a positive financial behavior, accomplish that behavior with the financial coach or on their own and then schedule a check-in meeting.  Students earn $25 for each completed positive financial behaviors for a maximum of $100.

SparkPoint Cash is based on behavioral economic concepts, which SparkPoint at Cañada College successfully implemented in 2016.  The first financial incentives “nudges” students to engage with a Financial Coach and complete a positive behavior, while the additional incentives “nudge” students to complete additional positive behaviors that eventually become positive financial habits.  When students complete behaviors like applying for CalFresh, completing a spending tracker, increasing their savings by $25/month, or review their credit report, they are preparing themselves to overcome potential financial barriers that might otherwise affect their academic success.

These positive financial behaviors and habits could ultimately be a determining factor for a student to persist in their educational program and/or degree, and lead to long-term financial stability and self-sufficiency.

If you have any questions about SparkPoint Cash or if you would like to refer a student to any SparkPoint Services, please contact (650) 738-7035 or

Article by Chad Thompson

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