Professional Documents
Culture Documents
Financial Literacy1
Financial Literacy1
LITERACYWORKSHOP OBJECTIVES
WORK/STUDY
GRANTS
SCHOLARSHIP
LOANS
“Students and parents are uninformed about how to prepare financially for college
and they have unrealistic expectations of what the programs are designed to do.”
Norfolk State University
“Students get mad because the college is enforcing the bills and students cannot
attend without paying. This hurts alumni relations for years to come.”
Norfolk State University
BEST PRACTICES IN FINANCIAL LITERACY
• Entrance and exit counseling
• Student and parent orientation
• Ongoing support beyond freshman year
• Student success courses
• Programs, seminars and workshops
• Just-in-time training and outreach
• Money management counseling
• Peer financial counseling
• Use of technology
• Long-term financial planning
• Alumni programs
TOOLKIT INTRODUCTION
• A collection of financial literacy resources
• Contains presentations, website links, calculators and other tools
• Resources are organized by
• Topic covered
• Instructor-led options
• Self-study options
• Type of use
SUMMARY
• Financial Literacy is separate from financial aid
• Financial Literacy Programs are necessary because they benefit:
• Students
• Families
• Communities
• Schools
• Establish a program by:
• Relying on best practices of successful programs
• Capitalizing on your strengths