The financial issues facing today’s college students are so daunting they often overshadow that there are solutions.
Lincoln, Neb. (PRWEB) September 07, 2012
College students who took brief online courses and mini-modules on financial topics such as paying for college and budgeting boosted their knowledge on those topics on average 40 percent, according to Inceptia, a private non-profit organization serving the higher education community and offering the online financial education program.
inancial issues facing today’s college students are so daunting they often overshadow that there are solutions,” said Kate Trombitas, Inceptia’s vice president of financial education. “Tests measuring students’ knowledge before and after each Inceptia course consistently show that students improved their knowledge on those topics – some courses by as much as 71 percent.”
Inceptia’s Financial Avenue program offers six, online financial education courses and 10 mini-modules to schools and organizations, as part of its mission to achieve 100 percent repayment among student borrowers. Each course takes about 30 minutes to complete, and each mini-modules averages five to 15 minutes. Students are required to take an assessment before and after each course to measure their knowledge gain. More than 7,000 courses have been completed to date on credit cards, contracts, identity theft, paying for college, budgeting and credit history.
Sara Brodribb, a 36-year-old junior at the University of Missouri at St. Louis and mother of two, took Inceptia’s banking course to learn about fees, transactions and anything else that will help stretch her family’s tight budget. She said the course made her feel more knowledgeable and confident about banking matters as she manages her current education costs and prepares one son for college.
“As a college student, your money is always important to keep tabs on because there isn’t a lot of it,” Brodribb said. “Really, (Inceptia) helped not just one person in my household, they helped two.”
For more information about Inceptia’s online financial education program, Financial Avenue, visit https://www.inceptia.org/success/financial-education/online/.
Inceptia is dedicated to providing much-needed support to help schools effectively fulfill their new roles and responsibilities. Through comprehensive data analysis, financial education, default prevention and financial aid management, we are confident we can help all students, not just borrowers, become financially responsible adults. We are here to make it possible for more schools to launch brilliant futures. More information is available at Inceptia.org.