Higher One Opens Financial Literacy Counts Grant Program to Colleges and Universities Nationwide, Recognizes Financial Literacy Month

Tim Goral's picture
Thursday, April 11, 2013

Higher One, a leader in providing services to higher education administrators and students at more than 1,300 campuses across the U.S., has opened the application process for its third annual Financial Literacy Counts grant program, which supports financial literacy programs and initiatives on college and university campuses.

Selected institutions will receive grants totaling between $2,000 and $5,000 each to support student awareness campaigns, workshops, online financial literacy tools and other activities and resources that promote financial literacy and provide opportunities for students to increase their personal financial management skills and abilities.

The U.S. Congress recognizes April as Financial Literacy Month, and the Financial Literacy Counts grant program is an example of Higher One’s continued mission to support financial literacy among college students by providing needed resources and promoting effective initiatives on campuses—Money Matters on Campus, a recent survey of 40,000 college students, found that 79 percent of college students worry about debt.

“Higher One’s engagement with over 10 million college students across the country has strengthened our commitment to develop real-world money management programs with our partner institutions,” said Mary Johnson, Director of Financial Literacy and Student Aid Policy at Higher One. “The Financial Literacy Counts grants help institutions create and implement much needed curricula and programs.”

The Financial Literacy Counts grant program is part of the company’s Higher One CARES (Community Action for Resources Education and Service) initiative, which was formed by employees of the company to identify opportunities for community involvement and engagement.

Previous grant winners attest to the need for financial literacy and the positive impact of the Financial Literacy Counts program.

“We were honored to receive the Financial Literacy Counts award from Higher One to help support financial literacy education for our students,” stated Jim O’Neill, associate vice president at Madonna University. “The award has defrayed the costs of implementing orientation programming and enhancing existing workshops targeted to the financial literacy needs of various groups of Madonna University students.”

Higher One believes students can be financially responsible and, when given the tools, live within their means. To that end, Higher One offers innovative student banking services based on choice. The company has dedicated resources to financial literacy including its Financial Intelligence online financial literacy course, One For Your Money blog dedicated to the fundamentals of finances for college students and sponsorship of Money Matters on Campus, a recently released survey examining the financial behaviors of college students.

The grant proposal submission deadline is May 17, 2013. For more information, application forms and guidelines, please visit the Financial Literacy Counts program homepage.

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