Financial Literacy FYE

Incoming students at Kent State are required to take a first-year experience class which provides practical information for their future at Kent State. A topic that is missing from the curriculum of this course is financial skills and assistance. Adding education on applying for scholarships and loans, budgeting and making financially sound decisions will equip students with information that they will use well beyond their college years. When assessing peers on how much knowledge they have regarding basic financial information, the results indicated that most college students are uneducated on the topic. Our assessment of current Kent State Students was done via online survey. This information demonstrated that there is a need to inform future students. Following this survey, we held informational interviews with the FYE sector as well as financial faculty. The information obtained will be used to create a program that can be implemented in FYE’s curriculum. Given the lack of knowledge that is present among incoming students, including this program in FYE will equip them with necessary skills for the future.