Financial Literacy at Minority-Serving Institutions
Published Dec 2011
Case studies from minority-serving institutions highlight interventions to increase financial aid literacy among students to promote student success
The brief, Financial Literacy at Minority-Serving Institutions, reveals that financial literacy is increasingly becoming a familiar resolution for institutions that are struggling to achieve stronger student retention and completion and eventual lower loan default rates. It explores different types of interventions—such as faculty development, cross-departmental collaboration, mentoring, first-year experience, orientation, social media, workshops, entrance and exit counseling, and community engagement—that have proven to be helpful to both students and institutions.