We use cookies on all our websites to gather anonymous information about your visit that helps us to make improvements and increase performance. By continuing you are consenting to these cookies.

If you would like more information or would like to change your cookie preferences, please visit our cookies page.

Two girls studying

Assessment and Grading

LiFE Programme

The LiFE Programme covers all three units, but is not formally assessed. The programme records students 'feelings and understanding' before and after each topic so their progress is clearly displayed. Each topic includes a 'check your understanding' activity and short multiple-choice quiz to make sure students have improved their knowledge before they move onto the next topic and unit. At the end of each unit students will receive a completion certificate.

LiFE Award

The Level 1 LiFE Award is the formal assessment for Unit 1. Students must have completed Unit 1 of the LiFE Programme to be assessed. Students are tested via our e-test platform and are able to resit twice.

LiFE Certificate

From September 2017, students who have achieved the LiFE Award will be able to progress to the Level 1/2 LiFE Certificate, which is awarded to those who have passed the formall assessment for Units 2 and 3. Students must have completed the learning for Units 2 and 3 before the assessment and are tested via our e-test platform. Students are able to resit each unit twice.

Each unit is assessed via the following method:

  • Unit 1: 30 stand-alone multiple-choice questions (total marks 30), to be completed in 30 minutes
  • Unit 2: 44 stand-alone multiple-choice questions (total marks 44), to be completed in 45 minutes
  • Unit 3: 16 stand-alone multiple-choice questions and 2 case studies each with 5 associated questions (total marks 26), to be completed in 30 minutes





LiFE Topic 1

Example of the learning enviroment showing the different topic sections.

SIF_020

Grading

To pass the LiFE Award, students are required to achieve 50% of marks available.

The LiFE Certificate is a Level 1/2 qualification. A Level 1 grade may be awarded for those students who do not manage to achieve a Level 2 pass. The qualification grade is calculated on the number of marks achieved in each unit. Each unit will be awarded a grade of Level 1 or Level 2. Students who do not achieve a Level 1 grade will receive a Certificate of Completion as evidence of their participation.

FC-7

Looking for further information

Contact

If you're looking for further information get in touch via our online form or you might find the answer in our FAQ's.

Contact us FAQ’s

Download a brochure

All the information you need about our suite of Financial Capability qualifications.

Download