Better Money Management Education Webinar

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George Covino, Vice President Student Success Sara Wilson, Financial Literacy Product Manager Tony Wise, Product Manager Better money management education 6 ways to improve your program

Transcript of Better Money Management Education Webinar

Page 1: Better Money Management Education Webinar

George Covino, Vice President Student Success

Sara Wilson, Financial Literacy Product Manager

Tony Wise, Product Manager

Better money management

education6 ways to improve your program

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Segue Slide HeadlineAsk the right question!

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BETTER MONEY MANAGEMENT EDUCATION

It’s not how do we MAKE them consume this

information – it’s how do we make them WANT

to consume this information

• Accessible

• Short

• Self-directed

• On demand

Ask the right question!

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Segue Slide HeadlineKnow what your students (and other audiences) want

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BETTER MONEY MANAGEMENT EDUCATION

Students

• Information to aid in financial decisions

• Help in overcoming obstacles

• Information about careers

• Alerts for deadlines

• Help with staying on track with academic

program

• Tip of the day / Life hacks

• Connections with other students

• Easy access

• Ability to customize

Know what your students (and other audiences) want

Schools

• Budget creator and monitor

• Tips to navigate college

• Career advising

• Reminders of deadlines

• Connections with student’s academic

program

• Keep students motivated

• Connections with school community

• Gamification of material

• Ability to assign material

Student Connections Expert and Student Advisory Boards

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Segue Slide HeadlineOnce is not enough

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BETTER MONEY MANAGEMENT EDUCATION

Once is not enough

“Repeated exposure to financial

literacy topics over time causes

positive changes in behavior.”

Dr. Kim Brown-Koutek

To download a copy of Dr. Brown’s research visit http://disexpress.umi.com/dxweb and specify publication number 3372749

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Segue Slide HeadlineTeach, don’t preach

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BETTER MONEY MANAGEMENT EDUCATION

Teach, don’t preach

Content

• Provides a means of weighing pros and cons of decisions

• Non-threatening

• Demographically appropriate

• Self-awareness

• Action oriented

• Appropriate language

Promising Learning Strategies, Interventions, and Delivery Methods in Financial Literacy Education

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Segue Slide HeadlineLeverage the power of peers

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BETTER MONEY MANAGEMENT EDUCATION

Leverage the power of peers

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Segue Slide HeadlineJoin our advisory board

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BETTER MONEY MANAGEMENT EDUCATION

Email: [email protected]

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http://www.studentconnections.org/solutions/college-success

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STUDENT-CENTRIC ENGAGEMENT

Success Center is a comprehensive solution for empowering students with the non-

academic skills critical to overcoming barriers throughout the continuum of the student

journey.

• Interactive modules and multi-platform delivery create a “virtual personal assistant” available

where and when students need it.

• Engaging content delivered in the format most meaningful to students (smartphones, tablets and

computers) in a continuously improving responsive design.

• Advisory boards made up of students and leading academic experts from around the country

shaped initial development and ensure continuous improvement.

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INSIGHT PILLARS

Post high school, these are the most significant obstacles students are likely to experience on their college to career journey. Access to content that addresses these key barriers to student success before, during and after their college experience increases a student’s opportunity to be successful.

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FINANCIAL EDUCATION – COLLEGE

17

Have you attended personal finance classes/workshops while in college/university?

https://ifap.ed.gov/DefaultPreventionResourceInfo/attachments/FSATrainConfPresentations.pdf

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SUMMARY OF INITIAL CONTENT

Modules:

• Understanding the Basics of Budgeting.

• Achieving Goals.

• Paying for College.

• Creating and Maintaining a Budget.

• Understanding Credit.

• Obtaining Credit.

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DIFFERENTIATING DELIVERY AND GAME-CHANGING ENGAGEMENT

Success Center delivers content with personalized guidance in an interactive, mobile-

friendly environment via the WhichWay platform, including a proprietary app

developed for Android and iPhone operating systems.

• Accommodates the diverse schedule demands and learning

styles of all users.

• Helps individuals build skills efficiently and effectively on their

platform of choice (smart phones, iPads, tablets, personal

computers and via a standard web browser).

• Reward-based motivational progress tracking.

• Persistent, virtual presence is more convenient for students,

more efficient for schools and more effective for both.

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COMPLETING MODULES

Each course includes a combination of

lessons, activities and tasks. At a glance,

WhichWay lets student know:

• Estimated remaining time to complete a course.

• Which courses have been completed.

• Which courses have not been activated.

• Progress in an already-activated course.

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LESSON STARTUP AND

NAVIGATION

WhichWay incorporates easy,

user-friendly navigation to

view the learning content.

Students simply swipe left or

right on various screens to

quickly maneuver through

lessons and activities.

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LESSON CONTENT, VISUALS

AND LEARNING TOOLS

The lessons include colorful and eye-

catching graphics, photos and videos

that further support the content and

expand the learning experience.

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LESSON SUMMARY AND

ASSESSMENT

At the end of each lesson, students

have the opportunity to read a brief

recap. They also are given a chance to

check their comprehension of the

content with a brief quiz. Students

scoring a passing grade will be

congratulated, but following any score

less than 100%, WhichWay will

encourage a retake of the quiz.

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STUDENT CONNECTIONS

• Analyze data

• Contact and counsel

• Track results

• Request a demo

Borrower Connect

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STUDENT CONNECTIONS

Easy Resources

Success Center: http://www.studentconnections.org/solutions/college-success

Website: http://studentconnections.org/

Blog: http://www.studentconnections.org/resources/blog

Facebook: https://www.facebook.com/StudentConnectionsOrg/

Twitter: https://twitter.com/StuConnections

LinkedIn: https://www.linkedin.com/company/student-connections?trk=top_nav_home

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CONTACT INFORMATION

George R. Covino

George.covino@

studentconnections.org

317-806-0177

@GeorgeRCovino

LinkedIn

Tony Wise

Anthony.wise@

studentconnections.org

317-806-1278

LinkedIn

Sara Wilson

Sara.wilson@

studentconnections.org

317-806-0140

@swilson3d

LinkedIn

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STUDENT CONNECTIONS

George R Covino

Conferences

• NYSFAA, 10/17, Verona, NY

• LASFAA, 10/20, Baton Rouge, LA

• CASFAA, 11/6, Anaheim, CA

• SWASFAA, 11/9, Oklahoma City, OK

• MASFAP, 12/12, Lake Ozark, MO

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