New Online Resource Offers Relevant Information
UACCH- TRiO SSS department — with help from CashCourse®, an online resource from the National Endowment for Financial Education® (NEFE®) — is taking a proactive approach to improving its students’ financial well-being. The school recently joined the more than 550 colleges and universities across the U.S. that are using CashCourse, a free, unbiased and noncommercial financial education solution for students and recent graduates.
Meeting a Critical Need
Students are confronted with easy access to credit cards, and spending decisions that go far beyond tuition, housing and food, including items such as spring break travel, fraternities and sororities and the temptations of alcohol and gambling. Students need financial tools for their transition to adulthood, including saving, investing, filing taxes, paying off student loans and evaluating the financial aspects of job offers. Increasing concern over these issues has led to the joint effort between NEFE and higher education institutions to fill the gaps in financial knowledge that many college students have.
“CashCourse offers a reliable resource to help young adults develop financial know-how,” says Ted Beck, president and CEO of Denver-based NEFE. “Through attention to the needs of today’s college students, this program will help young adults gain the financial savvy they need to succeed in life at college and beyond.”
Tools for Financial Capability
CashCourse features unbiased content with no advertising and no connections to commercial entities. The information is written in a way college students can understand and appreciate, because NEFE received input directly from college students to determine what information they would find useful.
In addition to articles, the online resource features:
- Worksheets, calculators and quizzes for students to use in the classroom or at home
- A “Budget Wizard” tool to help students manage their spending
- An online dictionary of financial terms to help students understand the basics
- A credit module to educate students on the importance of managing credit cards and protecting their credit
- Many resources for college and university professionals to promote and use CashCourse with their students
The TRiO Student Support Services brought CashCourse to campus, but the resource is available to all other departments that might find it useful, including financial aid, student affairs, campus living, career services and alumni associations. You will find easy access to CashCourse at
www.cashcourse.org/uacch under Financial Aid and also under the Student Services-TRiO Student Support Services.
“CashCourse is available to all employees, departments, students and recent graduates 24/7,” says Amy Hartenstine, director of CashCourse. “We are proud that UACCH/TRiO has signed on to provide CashCourse to its students” adds Hartenstine.