Focus Groups for Parents: Money As You Grow

Informed Consent
Parents Focus Groups – Money As You Grow
Title of Research: Focus Groups – Money As You Grow Investigator: Information Experts
Before participating in this research study, please read this explanation of the study:
Explanation of Procedures: You will be attending a focus group session as part of a financial
literacy research study to assess resources available to parents for helping their children
improve their future financial well-being. The Dodd-Frank Act authorizes the CFPB’s Office of
Financial Education (OFE) to “conduct research related to consumer financial education and
counseling.” Id. §1013(d) (3)(B). You will be asked to voice your opinion and to complete a short
questionnaire. You may be recorded (audio/video) while completing this study. Approximately
70 people will participate in this national study. In accordance with the Paperwork Reduction Act
of 1995, this study has been approved by the Federal government’s Office of Management and
Budget (OMB) under control number 3170-0024.
Expected Duration: 1-2 hours

Risks and Discomforts: None.

Benefits: $75 for completing the focus group sessions and surveys. Your effective contribution
to this research is expected to earn the $75 benefit.
Privacy: All information gathered from the study will remain private. Your identity as a
participant will not be disclosed to any government agency or CFPB or to any unauthorized
persons; only the researchers at Information Experts will have access to any identifying
information. Any references to your identity will be removed or disguised prior to the preparation
of the research reports and publications.
Withdrawal or Termination from the Study:
Participation in this study is voluntary. You may leave at any time. If you leave before
completing the survey and discussion, however, you will not be eligible for payment of the
benefit.
Questions: Participants who have any questions or concerns about this research project may
contact Mr. Baker Maktabi, Information Experts, 11425 Isaac Newton Square, Suite F-1,
Reston, VA 20190, 703-787-9100.
Agreement: Your signature below indicates that you agree to participate in this study and that
you have received a copy of this consent form. By signing this form, you are surrendering any
rights to bring any claim against Information Experts in any administrative proceeding or in any
court related to your participation in this survey.

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Signature of Participant

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Printed name of Participant

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Date