• No results found

Enhancing Student Financial Education at Kansas State University

N/A
N/A
Protected

Academic year: 2021

Share "Enhancing Student Financial Education at Kansas State University"

Copied!
28
0
0

Loading.... (view fulltext now)

Full text

(1)

Enhancing Student Financial

Education

at Kansas State University

in collaboration with:

Carol Shanklin, Dean Graduate School

(2)

Team Members

• Carol Shanklin, Dean of Graduate School

• Jodi Kaus, Director of Powercat Financial Counseling • Sonya Britt, Associate Professor and Director of the

Personal Financial Planning Graduate Program

• Clifford Robb, Associate Professor, Personal Financial Planning

• Christyne Stevenson, Graduate Research Assistant, Powercat Financial Planning

(3)

Partners

• Powercat Financial Counseling • Graduate Student Council

• Research and Extension, Riley County

• Academic Deans and Graduate Program Directors • Office of Student Financial Assistance

• Vice Provost of Undergraduate Studies

• McNair Program and other student support programs

(4)

Kansas State University

• Public 4-Year Land Grant University located in Manhattan, Kansas (population 56,000)

– Additional campuses in Salina and Olathe, KS • 25,000 total students; 4,000 graduate students

• 119 masters and doctoral degrees and 36 graduate certificate programs

(5)

Largest K-State Graduate Programs

• Online: Masters in Academic Advising, Food Science, Agribusiness, Adult Continuing Ed., Family Studies • On Campus Doctoral: Curriculum and Instruction,

Human Ecology - various, Chemistry, Physics, Agronomy • On Campus Masters: Architecture, Student Counseling

& Development, MBA, Animal Sciences, English

(6)

Kansas State University

• Over $200 million awarded in scholarships, grants, loans and work study each year

• Average undergraduate loan debt of $24,892 • 26% of undergraduate students are Pell grant

recipients

• 52% of undergraduates are recipients of Federal loans

(7)

Kansas State University

• Average total graduate loan debt of $85,118 (sub/unsub/PLUS)

• Doctoral Graduates

– 51% report no debt-Survey of Earned Doctorate (2012 data)

– $62,235 (average unsub May 2014 graduates) – $7,852 (average Grad Plus May 2014 graduates) – $65,448 (average total unsub and Grad Plus)

(8)

Kansas State University

• Average total graduate loan debt of $85,118 (sub/unsub/PLUS)

• Master’s Degree Graduates (May 2014)

– 65% had some indebtedness for graduate studies – $29,833 (average unsub)

– $10,661 (average Grad Plus)

(9)

Powercat Financial Counseling

• Began in 2009 as 1st peer-to-peer collegiate financial education program in Kansas

• Originally within Personal Financial Planning academic unit

• Moved in 2012 to Student Life-a division with the Office of Student Financial Assistance

• Services available to currently enrolled students and alumni

(10)

PFC Staff

• One full-time director who is a professional financial planner (holds Certified Trust & Financial Advisor designation and law degree)

• Two part-time graduate assistants from College of Human Ecology and College of Business

• Around 15 undergraduate Peer Financial Counselors from financial-related majors such as Finance,

Personal Financial Planning, Accounting, Agri-business, Ag-Economics, and Economics

• 25 student members of PFC Student Advisory Board

(11)

Peer Financial Counselors

(12)

Student Advisory Board

12

Hosts Financial Events & Markets PFC Services:

Thrifty Gifting!

Spring Break! NOT Spring Broke! Marriage & Money

(13)

Services Provide

• Individual Financial Counseling

– Face-to-Face

– Online Counseling

• Group Presentations • Salt

(14)

Services Provided

• Financial Resources

– Credit

– Budgeting

– Student Loans

– Transitioning into work

(15)
(16)

Powercat Financial Counseling

• 1,850+ students have received individual financial counseling

– 541 (433 UG and 108 Grad) during grant period

• Over 500 financial workshops to 26,800+ students

– 151 programs and 12,142 during grant period

• 60 students have been trained as peer financial counselors

(17)

Programs Offered For Graduate Students

• Becoming Financially Independent • Student Loan Repayment

• Transitioning to Career & Employee Benefits • Retirement Saving & Investing

• SALT

• Total 20 have been presented since August 2013 • 1,182 have participated in one or more programs

(18)

18

w

w

w

.k

-s

ta

te.e

du/Salt

(19)

Programs for Spring 2014

• Marriage and Money Seminars

• “It’s Spring Break NOT Spring Broke” • Student Loan Repayment

• SALT

• Transitioning to Career and Employment Benefits

(20)
(21)
(22)

Marketing Programs to Graduate Students

• Flyers posted on campus in areas where graduate students work and study

• Information in the weekly email Graduate

Student Council sends to all graduate students • Information and flyers distributed to graduate

program directors

(23)
(24)
(25)

Other Outreach

Academic Units

Student Financial Assistance

Alumni Association

Cashier’s Office

New Student Services

Career Employment Services

Division of Continuing Education

Housing & Dining

International Student Services

Non-traditional Student Services and Veterans Affairs

Greek Affairs

Online counseling for distance students via Zoom or Skype programs

www.Facebook.com/kstatepfc

Blog at www.blogs.k-state.edu/PFC

Listserv emails

Parent sessions at Orientation & Enrollment

(26)

Other Financial Education Resources

• www.GradSense.org

• Financial Awareness Counseling Tool (FACT) on

www.StudentLoans.gov site and www.StudentAid.ed.gov

• www.MyCollegeMoneyPlan.org

• www.CashCourse.org by NEFE

• www.LoveYourMoney.org

• Buttonwood by Everfi

• Inceptia (division of NSLP) – Financial Avenue online program and Personal Financial Mmgt. certification • TG Financial Literacy Programs

• Student loan servicers’ offerings

• Local credit unions and financial institutions

(27)
(28)

Powercat Financial Counseling

www.k-state.edu/pfc

785.532.2889

[email protected]

References

Related documents

The Florida Department of Education, Office of Student Financial Assistance (OSFA) serves as a guarantor for the Federal Family Education Loan Program (FFELP)

 J-1 Non-Degree Sponsored Students are processed initially through the Office of International Student and Scholar Services (210 Talbert Hall; 645-2258).. Standard Student Status

A subsidized Federal Direct Student Loan is a loan, which Carnegie Mellon certifies, provided by the Department of Education to students with financial need.. You begin repaying

To be considered, students must submit a completed (error free) Free Application for Federal Student Aid (FAFSA) by the deadline specified by the participating

Although these simple scenarios aren’t exactly in the same league as memorizing complete decks of cards, when you begin applying the techniques you’ve learned to

To receive federal Title IV financial assistance, undergraduate and graduate students must be admitted to the University, be enrolled in a degree Program of Study, be in good

AXIS P5534 PTZ Dome Network Camera AXIS Q6035 PTZ Dome Network Camera AXIS Q1604 Sony SNC-CH240 Panasonic WV-SC386 Series PTZ Maximum number of connected cameras: 64 Maximum number

The University of Amsterdam has to determine how much of your Title IV aid must be returned to the Federal Direct Loans Program (Subsidized, Unsubsidized, PLUS). There are some