The volatile economic climate we live in coupled with the growing costs of attaining a Bachelor’s or Master’s degree, today, make it imperative for SSS students to be savvy in managing their money and their expenses along the way. This is especially important for students who are first-generation, low-income students and/ or students with a documented disability. It is a strategic initiative of our project to improve the Financial IQ of all program participants by providing a two-tiered Financial Literacy Education Component. The three areas of focus for all modules will be education, individual competency and application. First-tier modules will address the unique needs of first-year college students; the second-tier, building on those basic skills acquired previously, toward setting financial goals for transfer and after graduation. In keeping with this grant goal and in an effort to make relevant resources accessible to Program students, we’ve partnered with the National Endowment for Financial Education (NEFE) to bring the resources of their Cash Course to our students.
We will employ the use of many of these tools and others to educate and equip our students to manage their expenses, their debt and their credit more effectively and to help them develop an individual plan to meet their educational costs and the financial challenges of living.
Online Financial Literacy Challenges
Our online Financial Literacy Challenges were developed in order to make learning and participation in our workshops and activities more accessible to all Program students regardless of their class schedules. On campus workshops are still provided to students, but our online offerings give students a chance to avoid conflicts with classes while at the same time educating themselves on financial topics and resources. Completing the challenges makes you more knowledgeable and also makes you eligible for grant-aid consideration and other incentives the program offers, so challenge yourself and win!
Financial Literacy Challenge for December 2013