Winthrop expanding personal finance education for students

adouglas@heraldonline.comJuly 9, 2013 

Winthrop University will use a $40,000 grant later this year to improve its students’ understanding of personal finances.

The grant--awarded by the Council of Graduate Schools--will help both undergraduate and graduate students develop skills associated with money management.

Winthrop is taking a “proactive approach” to teach students “essential aspects of personal finance, regardless of their individual majors,” said Jack DeRochi, dean of graduate school.

"The program that we are building at Winthrop will offer all students, at every level, opportunities to learn how to deal with their personal finances over their lifetime," he said.

Winthrop was one of 15 schools chosen by the Council of Graduate Schools for the grant.

Freshmen will benefit from the financial education program in Winthrop’s ACAD 101 class--a mandatory course for first-year Winthrop students.

Residence life staff will also use the grant to build programming around financial education for students who live on campus.

More personal finance classes will be offered in the university’s college of business administration as part of the grant.

Students will have access to online resources that will aid decision-making related to saving, spending and borrowing.

Graduate students will attend professional seminars every semester to learn more about budgeting and cash flow, managing debt, planning for the future, taxes and insurance.

Anna Douglas •  803-329-4068

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