Certificates come in three (3) major types:

1. Level I

    

   1. This is the highest level of certificate that is tied to test completion (usually associated with continuing education credits). This certificate is based on either passing all required test(s) with a score equal to or greater than the threshold value or by achieving a cumulative average score for all required tests equal to or greater than the threshold value. The threshold value is assigned by the course instructor for the current course.

       

2. Level II

    

   1. This certificate functions in the same manor as the Level I certificate. The only difference is the threshold value is usually set lower. This certificate is usually not associated with continuing education credits due to the passing threshold being set somewhat lower.

       

3. Level III

    

   1. This certificate is the equivalent of a time and attendance certificate. The requirements for this certificate are controlled completely by the course instructor with several threshold values. Complex calculations are performed on each content screen the student visits to assure proper time for comprehension is allotted and the cumulative time calculated is compared to the required threshold value. If the calculated value is equal to or greater than the threshold value a Level III certificate is awarded.

       

NOTE:

1. Not all certificate types (I, II, III) and options are available for each course.

    

   1. The course instructor determines what level(s) of certificate(s) is available for their course.

       

   2. The course instructor determines if grade averaging is allowed.

       

   3. All threshold values are assigned by the course instructor.
    
    

We realize that you have a choice of when, where and how you obtain your Public Funds Investment Training and hope that you choose us to provide you with this training. We require testing to validate that each participant has enhanced their Investment knowledge and has the tools necessary to continue compliance with the Public Funds Investment Act. After researching the market we realized that one certificate did not fit all. Everyone that takes PFIA-Online does not require CPE credit; this is why we automated our system to award a certificate without CPE credit. You will still be required to test on each module when you take PFIA-Online at Virtual Learning Concepts; however you now have the flexibility to obtain the certificate level appropriate for you. The best part about it is that we have automated this process so you can concentrate on your training and benefit yourself and your entity.