News

Higher One Grant Awarded to Lee for Financial Literacy Project

News

By Karen Chambless

Higher One, a university financial services organization, recently awarded the Financial Literacy Counts Grant to Lee University for fall 2014. The grant will fund the Financial Literacy and Money Empowerment (FLAME) project, sponsored by Lee’s Financial Aid Office.

The project’s goal is to coordinate a campus-wide financial literacy campaign to reach all students. It will provide opportunities for students to engage in educational activities in order to promote critical thinking about financial responsibilities and money fitness.

Activities will include freshman orientation financial matters sessions, online financial counseling, and coffee chats and promotional booths to promote awareness. These will be implemented through a Financial Avenue online course module, the Gateway freshman seminar class, and collaboration with Phi Beta Lambda, a student-led business club.

The FLAME project will work with Phi Beta Lambda to coordinate a “fun financial literacy awareness event,” set up promotional booths at athletic events with giveaways and Financial Avenue information, and conduct a month-long FLAME awareness campaign this October.

“This grant provides a wonderful opportunity for Lee University students to enhance their personal finance skills,” said Financial Aid Director Marian Dill. “I appreciate Higher One for their investment in our students and the FLAME project.”

Founded on a college campus in 2000 by students, Higher One partners with colleges and universities to lower their administrative costs and to improve graduation rates. The organization provides a broad array of payment, refund disbursement and data analytics and management tools to institutions that help them save money and enhance institutional effectiveness.

Higher One also offers financial literacy programs and convenient, flexible and affordable transaction options for students in order to help them manage their finances. More than 1,900 schools and 13 million enrolled students are supported by Higher One. More information about Higher One can be found at www.higherone.com.

For more information about the FLAME project, please contact the Lee University Financial Aid Office at 423-614-8304 or [email protected].

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