Students weigh in on financial literacy seminars
September 28, 2018 | Campus Life
A new series of seminars from MacEwan’s Student Financial Aid Office aims to help students gain the knowledge, skills and tools they need to ease some of their financial stress.
“We know that student debt loads are increasing, and we also know that one of the main reasons why students don't continue with their post-secondary education is their finances,” says Frankie Billingsley, director of the office. “That’s why we’re excited to be able to offer an additional service to help build their financial literacy skills.”
Frankie says she’s incredibly glad her office took the time to ask students about the types of information and skills that interested them. The response to a survey circulated earlier this year, she says, was astounding.
“We were quite surprised by the results, but extremely glad we asked.”
More than 650 students (almost 40 per cent of them in their first year) responded, ranking their preferences for seminar topics and delivery methods. Their first priority? Savings and investment, followed by budgeting and debt management.
“We were quite surprised by the results, but extremely glad we asked,” says Frankie. “If we hadn’t, I guarantee we would have started with a different seminar. The response rate also tells us that this is something that is really important to students, and I think the series will be so much better because they were involved in creating it.”
The first in a series of seminars that will happen throughout the 2018/19 academic year will be Financial Literacy: Savings & Investing on Oct. 2, followed by Budgeting 101 on Oct. 4 and Debt Management on Oct. 23.
Planning for the remaining sessions is currently underway, and future topics could include everything from cooking or buying holiday gifts on a budget, to taxes and fraud prevention.
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