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Sending your kids to a money camp
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Julian Krinsky Camps and Programs in the Philadelphia area has been offering business camps for high-school-age students for 11 years. Sessions are three weeks long. Campers, who come from all over the world, stay in the dorms at Haverford College on the city's Main Line. The program includes lessons in entrepreneurship, basic accounting, investing, leadership and business ethics. College professors teach the classes, and business leaders from the community offer their first-hand experience.

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Krinsky also offers an internship program for rising juniors or seniors. Students can choose the career in which they have an interest and the camp will find them an internship opportunity. "It's unbelievably popular," says Tina Krinsky, director of marketing and wife of the camp director. The most popular internships are those in veterinary medicine, journalism and sports medicine.

Tuition is $3,700 for the three-week business camp sessions and $5,000 for a four-week internship.

Free and fun
Not every business camp is quite as pricy. The North Carolina Bankers Association has been sponsoring a financial literacy program for 13 summers for students in grades six, seven and eight. This year, 800 kids -- 100 per week for eight weeks -- from all over the state will attend the program, courtesy of the state's banks, which provide $350 scholarships for each of the campers.

Most of the campers are talented students who come from financially challenged backgrounds. For many, this week at camp is the first time they've ever been away from home or have gotten to do some of the fun things that go along with learning about finances, such as horseback riding, swimming in an Olympic-sized pool and mountain climbing, says Thad Woodard, president and CEO of the association.

"This concept is portable -- any state can do it, and we're happy to share curriculum," Woodard says. "That's what this is all about, giving other people a leg up."

Bankrate.com's corrections policy -- Posted: April 21, 2006
 
 
More stories by Jennie Phipps
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