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Explore the Financial Empowerment for Student Success program by MDC-ATD-Bank of America Partnership. Lessons learned from pilot colleges like Houston Community College, Los Angeles Harbor College, and Community College of Baltimore County. Discover diverse approaches, challenges, and key strategies for campus-wide change in financial literacy. Contact Dan Broun for more information.
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Financial Empowerment for Student Success Lessons from the ATD-MDC-Bank of America Partnership
MDC-ATD-Bank of America Partnership • Partnership is a two year engagement • Grants to three pilot colleges • Community College of Baltimore County • Houston Community College • Los Angeles Harbor College • Technical assistance to participating colleges • Establishment of learning network • Publication of learning paper
MDC-ATD-Bank of America Partnership • Each of the pilot colleges have pursued different approaches • Houston Community College: Financial literacy components in student success courses and financial literacy fairs • Los Angeles Harbor: Targeting a specific cohort of students • CC of Baltimore County: Increased financial coaching
Some preliminary lessons learned • Incorporating volunteers into plans has been challenging • Getting buy in from college administration is incredibly important • Fostering collaboration – or at the very least, connection – between student services and academic departments is key for campus-wide change • Leveraging resources for support of these activities is critical • Showing impact of financial empowerment programs beyond individual interventions is extremely difficult • No two programs look exactly alike—and that’s OK!
Contact info • Dan Broun • Program Director • MDC • 307 W. Main St., Durham, NC 27701 • 919-381-5802 x323 • dbroun@mdcinc.org