Success StoryMoneyPower: Wise Decisions About Your Money and Your Life for College Students



MoneyPower: Wise Decisions About Your Money and Your Life for College Students

Author: Joanne Bankston

Planning Unit: Family and Consumer Sciences

Major Program: 4-H Youth Development Programming

Outcome: Initial Outcome

The Kentucky State University Family Economics Specialist conducted two MoneyPower workshop sessions at each school with high School juniors and seniors at Central High School (48) and Seneca High School (8) in Louisville KY.  She also conducted a single session with high school seniors enrolled in the Lincoln Foundation Fellows program (27) for students who will receive scholarships and attend college in the upcoming year.  The workshop materials and presentation consists of information on college as a new experience; communicating with parents about college,  financial aid, and scholarships; understanding credit hours and the coursework required for completion; developing a college spending plan; credit; banking; keeping money safe; and identity theft.  Students had limited knowledge of all of these topics.  Upon completion for the workshop and case study, students expressed the fact that the information was valuable; 75% planned to develop a spending plan; 65 % indicated that they had a better understanding of credit hours;  and 70 % indicated that they would watch out for identity theft.  The workshops are deigned to acquaint students with financial information and make them more successful in college.






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