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Spotlight On...
Credit
Organization: Albany State University
Main Office: Albany, GA
Albany State University (ASU) facilitates the delivery of Money Smart to
first-time homeowners and in support of micro-enterprises through its Regional
Center for Entrepreneurship, Business and Workforce Development. It also utilizes
Money Smart for Young Adults as a Continuing Education Community Outreach
course, and is introducing the curriculum to local public high schools in
Albany, Georgia.
ASU has trained over 120 staff and other partners to deliver the curriculum.
After completing the Money Smart training for First Time Homebuyers, ten families
purchased their first home. ASU also provided technical assistance that led
to the creation of five new small businesses inside its incubator, in addition
to four other businesses created outside the incubator partnership.
Organization: Paul Quinn College
Main Office: Dallas, Texas
Paul Quinn College is the oldest historically Black college in the State of Texas. As the College began planning for a new orientation session for incoming freshmen and a new financial literacy curriculum for freshmen and upper classmen, management created and sought input from an external steering committee. Included on the committee are representatives from the FDIC, the Federal Reserve Bank of Dallas, HUD, the IRS SPEC Office, and community based organizations involved in delivery of financial literacy and home ownership training and the use of Individual Development Accounts (IDAs).
Freshmen participate in a month-long orientation called the Bridge Program. As a part of the Program, the students attended financial literacy training sessions on budgeting, savings, credit and home ownership. Money Smart was used in conjunction with other training tools. The steering committee continues to work with the College as it creates a financial literacy curriculum within the Economics Department.
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