By Meagan Lutey

Every college student knows that paying for school often results in a starving wallet.  In the interest of promoting healthier pocketbooks, Madonna hosted a financial literacy program throughout the month of April to educate students on how to attend school the fiscally responsible way.

“The main feature is CashCourse, a free website for information and resources on many financial literacy topics, such as paying for college, dealing with debt, and finding scholarships,” said Jim O'Neill, Associate Vice-President for University Accreditation.

CashCourse provides strategies for paying tuition and getting out of debt and helps students find scholarships.  Any Madonna student can enroll in CashCourse through Blackboard.

CashCourse is utilized by more than 400 institutions of higher learning in the U.S., with 23 of these located in Michigan.  “It's not only for students, parents and others can use CashCourse to learn more about budgeting or other topics that apply to life, not just college,” says O’Neill.

Students could also receive money-saving pointers at on-campus sessions.  Two life budgeting sessions were held April 10 and two sessions about finding financial aid took place April 10 and 11.

“I enjoyed the session because I was looking for alternative funding. What I got out of it the most was the websites that you never know where to find that aren’t going to rip you off,” says Tammy Isaac, a graduate student in the Doctorate of Nursing Practice program.

Those who attended sessions or logged into CashCourse were entered into drawings to win gas cards, bookstore gift cards and even $100 tuition grants.

Further financial literacy events, sponsored by the Title III Strengthening Institutions Program and the Office of the Vice President for Student Affairs and Mission Integration, will be held throughout the year, and all students are welcome to attend.

“There also will be sessions targeting certain student populations, such as first-year students, non-traditional students/adult learners, probationary students, and students with military experience,” adds O’Neill.

Members of several university resources, including Financial Aid, Student Accounts, CPI/TRIO and Academic Support will be working together to make financial literacy more prevalent and accessible for Madonna students.

For more information about future financial literacy events, keep a lookout around campus and in your Madonna inbox.


Dollars and sense: Madonna promotes financial literacy