Dream Wired
No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
No Result
View All Result
Dream Wired
No Result
View All Result
Home DramaAlert

Wells Fargo’s Financial Literacy Program Expands To 28 Universities

rmtsa by rmtsa
October 29, 2023
in DramaAlert
0
Wells Fargo’s Financial Literacy Program Expands To 28 Universities
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

‘Kpop Demon Hunters’ Opening to $18M, Beating ‘Weapons’

Terence Stamp, U.K. actor who played General Zod in early Superman films, dies at 87 – National

Lil Nas X Spends Weekend In Jail, Family May Stage Intervention

scholly, sallie mae

by Daniel Johnson

October 29, 2023

Continuing its 2021 investment into financial literacy and wellness for students of color in higher education, Wells Fargo is extending its Our Money Matters (OMM) program. As well as a financial literacy program, it also included tools to assist in easing food and housing insecurity, with the long-term aim of helping to close the racial gap in financial health and wealth retention.

As Forbes reported, the program was endowed with $5.6 million from the Wells Fargo Foundation and was administered by the HBCU Community Development Action Coalition (HBCU CDAC). At the time, it was expected for the program to grow beyond the seven HBCUs and Minority Serving Institutions it started with to potentially 25 institutions over the next three years.

According to Diane Goins, executive vice president of Wells Fargo’s Banking Inclusion Division, who told The Griot, “Financial literacy is a real entry point where a difference can be made in the community, and in working with HBCUs, we are giving the necessary financial education and resources to tomorrow’s leaders.” 

The OMM program consists of several points, the first being an online hub where students can access financial literacy education and personal finance tools, the second is a curriculum integrating general education and degree programs into a financial curriculum which fosters financial literacy, and the third is a service suite that gives access to resources for well being, in partnership with partner universities. 

According to Goins, the program has slightly outpaced initial projections, in year two of the program, OMM has been able to serve 15,600 students across 28 institutions. The program does not intend to limit its inclusion to programs like Howard University or Morehouse College, which already receive plenty of assistance, but they want to democratize access across HBCUs to those smaller, lesser known programs as well.

As Goins notes, “We have really seen great interest and engagement in the platform, and we want to continue to expand. We want to also include the smaller HBCUs and not just the largest ones that get the most attention.”

Goins also told The Griot that in select cities, there are Operation Hope financial coaches that are in certain Wells Fargo locations, and students enrolled at partner institutions do not need to have an account to be allowed to use these services. The program represents a tremendous value for students who may come from communities where the only way to pay for their education is to take out loans, and risk a hit to their credit upon defaulting on loan payments. By all accounts, the program has been a success so far, and as more time goes on even more HBCUs and MSI’s could see themselves added to Wells Fargo’s financial literacy program. 

RELATED CONTENT:



Source link

Tags: ExpandsFargosfinancialliteracyProgramUniversitiesWells
Share30Tweet19
rmtsa

rmtsa

Recommended For You

‘Kpop Demon Hunters’ Opening to $18M, Beating ‘Weapons’

by rmtsa
August 24, 2025
0
‘Kpop Demon Hunters’ Opening to M, Beating ‘Weapons’

SUNDAY AM: Refresh for more and chart…. Netflix/Sony Pictures Animation’s Kpop Demon Hunters have risen and they’re snatching No. 1 away from New Line/Warner Bros’ Zach Cregger horror...

Read more

Terence Stamp, U.K. actor who played General Zod in early Superman films, dies at 87 – National

by rmtsa
August 24, 2025
0
Terence Stamp, U.K. actor who played General Zod in early Superman films, dies at 87 – National

Terence Stamp, the British actor who often played the role of a complex villain, including that of General Zod in the early Superman films, has died. He was...

Read more

Lil Nas X Spends Weekend In Jail, Family May Stage Intervention

by rmtsa
August 24, 2025
0
Lil Nas X Spends Weekend In Jail, Family May Stage Intervention

Lil Nas X‘s troubles continue as he spends the weekend in jail following his undressed and distressed arrest in nothing but underwear and matching cowboy boots. As fans...

Read more

Lyle Menendez Denied Parole For Three Years • Hollywood Unlocked

by rmtsa
August 23, 2025
0
Lyle Menendez Denied Parole For Three Years • Hollywood Unlocked

The Menendez brothers, convicted of murdering their parents in 1989, have once again been denied parole after lengthy hearings that included testimony from both brothers, their family, and...

Read more

11 Celebrities Who Have Tried Intermittent Fasting

by rmtsa
August 23, 2025
0
11 Celebrities Who Have Tried Intermittent Fasting

"I noticed a big difference in going without solid food for 16 hours," says one star, while another celeb reveals "they don't really eat, just do water a...

Read more
Next Post
Claptone Says It's "Unnecessary" for Electronic Music Artists to Embrace the Album Format

Claptone Says It's "Unnecessary" for Electronic Music Artists to Embrace the Album Format

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized

CATEGORIES

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized
No Result
View All Result

Recent News

  • Gleb Savchenko Seen At ‘DWTS’ Rehearsals After Firing Claims
  • Bobby Berk Reacts to ‘Queer Eye’ Ending After His Exit
  • ‘Kpop Demon Hunters’ Opening to $18M, Beating ‘Weapons’

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In