1. Sam Houston State University Student Money Management Center

2. Who Are We? The Student Money Management Center (SMMC) at SHSU provides free financial education services for SHSU students.

3. Our Mission To improve the financial well-being of our students by providing the unbiased education, counseling, tools, and solutions students need in order to achieve financial independence.

4. Personal consultations Workshops, seminars, class presentations, special events Kat2Kat peer counselors Financial literature (customized handouts) Financial newsletter/Tip of the Week Online resources (http://www.shsu.edu/~smmc)http://www.shsu.edu/~smmc Kat Cents On-Line E-Gaming Financial Literacy Program Services

5. We Can…. Assist students in making the right choices when managing money. ▫Help plan for the future ▫Counsel on debt management ▫Discuss establishing and maintaining EXCELLENT credit ▫Teach budgeting ▫Help plan for life after graduation ▫Look at various employee benefit packages ▫Discuss financial counseling with couples

6. We Can NOT… We are not a financial institution. We do not provide the following: ▫Specific investment advice ▫Loans ▫Selection of a financial institution (bank, credit union, etc.) ▫Selection of financial planning services

7. Challenges to Implementing a Center Support from cabinet and top-level administrators Funding Campus location/facilities Buy-in from faculty and staff on campus Educating students on what we do Proper education/training for staff Networking opportunities ▫Professional development ▫Conferences

8. Support and Implementation Research indicated that college students would benefit from, wanted, and needed a financial literacy department on campus ▫Academic research, professional journals, on-campus interviews, and focus groups Garnered support from VP Student Affairs, VP Enrollment Management, and President ▫Divisional reporting/organizational structure

9. Vice President Of Student Services Director-BKO and Student Money Management Center Assistant Director-Student Money Management Center Graduate Assistant-SMMC Peer Counselor Student Money Management Center Organizational Chart

10. Funding and Implementation Proposed and approved by the Texas State University System Board of Regents in November 2007 Recommended per-semester fee to support ID card program and financial literacy center Approval was granted and development began Funding began in September 2008 However, preliminary work began in 2007 with the formation of: ▫Policy and procedures ▫Organizational structure ▫Purpose, scope, mission ▫Business and marketing plans ▫Personnel job descriptions and hiring

11. Campus Location/Facilities Initially, office was located in a small conference room in the Student Center In May 2009 we moved to our new office suite Shared with Bearkat OneCard Services Has private counseling offices Offers computers for student use Conference room for mini-workshops

12. SMMC entrance SMMC Check-in desk Bearkat OneCard Services

13. Private counseling rooms Student-use computers Promotional logo at event

14. Individualized counseling session Counseling office

15. Campus and community support Work with external agencies and other campus departments to help maximize student experiences: ▫Financial aid ▫Academic departments ▫Orientation/enrollment management ▫Counseling center ▫Credit counseling ▫Texas workforce ▫Campus career services

16. Training/Continuing Education Develop training materials and test ▫Worked Internally and with UNT to develop training manual for peer counselors ▫Had Counseling Center and other campus resources conduct training (e.g., counseling skills, FERPA) Gain certification: ▫Director and Assistant Director are in the process of becoming certified by both AFCPE and Institute for Financial Literacy Join associations and network

17. Affiliations: Professional Organizations and Associations National Endowment for Financial Education ▫CashCourse Web site Association for Financial Counseling, Planning, and Education – AFCPE (http://www.afcpe.org/) ▫Conference November 18-20 ▫Counseling Certification program Institute for Financial Literacy ▫http://www.financiallit.org/ ▫Conference is October 21-23

18. Educating Students and Parents on What We Do Brochure and customized marketing materials New campus video Facebook page ▫Links from official university page Signage around campus/sandwich boards Articles/press releases Orientation presentations Classroom presentations Quarterly newsletter (in progress)

19. Web site www.shsu.edu/~smmc/ ▫Calendar of events ▫Services ▫Cash Course ▫Online resources/Downloadable resources  See handouts ▫FAQs ▫Financial Literacy Week ▫Quicken Online ▫Facebook group page

21. SMMC Cash Course

22. Advice for Others Research the need for a financial literacy program and talk to students on your campus Develop a strong business plan ▫Specifically, design an efficient marketing plan and business plan Start small, if necessary ▫Office brochures, seminars, workshops Collaborate, Collaborate, Collaborate Join associations and professional organizations

23. Advice for Others Research the need for a financial literacy program on your campus and document your efforts for future publications Talk to students on your campus – these are your customers! Assess and benchmark Develop strong business and marketing plans Start small and share the passion Collaborate, Collaborate, Collaborate Form an advisory committee

24. Advice for Others Join associations and professional organizations Identify senior administration advocate and “buy-in” Playing your strengths Flexibility in hours of operation Secure dedicated funding Engage students Stay the course!

25. QUESTIONS??

26. Contact Information Dr. Kristy L. Vienne Director Bearkat OneCard Services & Student Money Management Center (936) 294-2274 klv002@shsu.edu www.shsu.edu/~smmc