Inceptia Helps Indiana University Staff Go Back To School To Study Financial Literacy

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Lincoln, Neb. – At Indiana University (IU), 22 staff members are taking part in Inceptia’s Personal Financial Management Certification (PFMC) program. They’re studying a variety of financial topics so that they can use their knowledge to create a financial education program on IU’s campuses.

Developed in partnership with faculty from East Carolina University’s Financial Wellness Initiative, Inceptia launched the PFMC program in early 2012. To date, 195 individuals have enrolled in the program to earn their Certified Personal Financial Manager (CPFM) designation.

Building a strong financial literacy program at IU – an institution that serves 110,000 undergrad and graduate students on seven campuses – has become a top-of-the-list priority. “We realized the cost of education and accumulating debt was becoming more of a burden on students,” said Phil Schuman, IU’s director of financial literacy. “We needed to find a way to help them make informed decisions about their finances and be in control of their money, to set goals to work toward now and after graduating.”

The self-directed PFMC curriculum guides candidates through personal finance fundamentals from budgeting and credit cards, to as financial aid, insurance, taxes and home ownership. Participants include professionals working in financial aid, admissions and enrollment, and orientation/first-year experience.

“Coursework is geared for those who talk with students every day about financial literacy,” says Kate Trombitas, Inceptia vice president for financial education. “These professionals are in a position to have meaningful conversations with students about their personal finances but sometimes lack the knowledge or confidence to do so.”

The program not only gives a kind of refresher course on financial topics, but in many cases explains subjects with the kind of detail some candidates have yet to experience. About 50 hours are required to finish the program. Inceptia recommends that candidates complete the coursework in 12 to 16 weeks.

A 15-chapter textbook covers topics such as spending, credit, paying for college and how to talk about money with students. In addition, the program features an online learning environment with quizzes, worksheets, videos, calculators and an interactive community to share experiences and resources. Certification candidates track their progress through a personalized course dashboard.

“We’re pleased with how the IU staff has responded to the Inceptia program so far,” said Schuman. “Already we have seen them successfully apply some of the knowledge they’ve acquired to real-world situations, making us confident that as they contribute to our financial literacy initiative, they will have the level of knowledge we need to help us put together quality programming for our students.”

For a demo of the Inceptia PFMC program, visit


Inceptia is dedicated to providing much-needed support to help schools effectively fulfill their roles and responsibilities. Our mission is to provide guidance to schools, along with the means to help their undergraduate, graduate and professional students succeed. Through comprehensive analytics, student success tools, financial education, default prevention and financial aid management, we are confident we can help all students, not just borrowers, become financially responsible adults. We are here to make it possible for more schools to launch brilliant futures. More information at