MoneyCounts: A Financial Literacy Series Financial Literacy & Wellness Center Rizk & Yeckley Penn State Financial Literacy & Wellness Center Grange Building University Park PA 16802 https://financialliteracy.psu.edu/ finlit@psu.edu 814-863-0214
Reaching the “Unreachable” Description: Universities in the USA are changing in demographics, learning styles, and modalities. Typical campus environment of 18-24 year old students is making room for non-traditional students and online learners. In addition to a centralized campus, universities are building branches, and learning hubs across the state and the nation to serve diverse population. Hence, delivering financial literacy education effectively to all audiences is facing many challenges and requiring the development of progressive strategies to reach the “Unreachable”. This special presentation is brought to you by Penn State to explore conventional and not so conventional strategies to accommodate the diversity of Penn State Students in delivering financial education to promote financial security and freedom.
Learning Objectives: Reaching the “Unreachable” Identifying windows that open doors at a campus environment Creating different resources to accommodate diversity of learners Creating strategies to build sustainable relationships
The Pennsylvania State University Penn State Founded in 1855 Main Campus, University Park, PA Twenty-four campuses – PA 17,000 faculty and staff 100,000 students A teaching hospital that provides care to more than a million patients a year Over one-half million active alumni (600,000) An online World Campus – Outreach and Online Education Both
Penn State Diversity
Mission Statement
Survey Remote Campuses The purpose of the Financial Literacy Survey is to study students’ needs regarding financial literacy across commonwealth campuses. Survey completed in July 2017 Major findings: Preferred method of delivery – workshops, webinars, self-study modules Major area of confusion Financial aid & student loans
Main Campus Workshops Presentations Seminars Group sessions Student organizations Clubs Resident halls Freshmen seminar classes
Remote Campuses Webinars – Room to Room Self-study modules Collaborating with Liaisons Use technology as a base of delivery ZOOM Skype
Curriculum 3 distinct curriculum Traditional students Adult learners Budgeting, credit cards, student loans Adult learners Budgeting, credit cards, FICO score, Mortgages, Debt management Community, staff and faculty Various topics of interest Special events
Ambassadors Program Employment of student workers Duties include Federally funded work program Institutionally funded part-time employment Duties include Presentations Tabling – information tables Intake assessment – personal meetings Participation in university events Orientation Student activities, etc.,
Focus on sustainability Building sustainable relationships Overarching strategy Sustainable policies Documented procedures Documented statistics Data base decisions
Website Google analytics Holding place of curriculum & resources Interactive Constantly being updated Frame of reference Easy contact Designated email address Google analytics Monthly, quarterly, yearly reporting
Tour of Website https://financialliteracy.psu.edu/
MoneyCounts: A Financial Literacy Series Thank You! Comments and Questions