There are 1421 schools in Armenia. From which, in 2018, 349 schools from 10 regions and Yerevan were selected to be a part of the program. In the following 3 years the rest of the schools will also implement the program in 3 tranches (For 3 consecutive years, each year approximately 350 schools will join the programs so at the end of 2021, all 1421 schools will have financial education topics incorporated in their subjects). We assign the cities and villages to be treated in the 3 following years (2019, 2020, and 2021), (the cities and villages that were treated on 2018 were also selected randomly). After having the year that every school will be treated, we decide the samples that we are going to survey for our evaluation. From September 2019, each year (every September) we will have a survey from 100 schools (same schools each year) that are randomly chosen from 4 treatment groups (2018-2021). So from each year’s treatment we will have 25 schools. The list of the schools are also randomly chosen.
The survey should be repeated each year until 2022 when all schools were trained to have a final evaluation. In our evaluation method we will compare these four treatment groups and will see how the students differ on their financial knowledge, skills and attitudes in the groups that had the training for only one year, two years, three years, and four years..