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BSC Receives "Financial Literacy Counts" Grant Award

  • Created
    Wednesday, August 14 2013
  • Created by
    Jim Nelson/Media Relations - (304) 327-4103 jnelson@bluefieldstate.edu

(Bluefield)—Bluefield State College has been selected to receive a grant to promote financial literacy among current and future students. The "Financial Literacy Counts" award was announced very recently by Mary Johnson, Director of the Financial Literacy and Student Aid Policy at Higher One, a leading provider of financial services and data analytics to over 1,600 colleges and universities.

The BSC student organization "Enactus" will utilize the grant to introduce students to a solid financial footing, according to Justin Joseph, a BSC student and President of the BSC chapter of Enactus. "We will work with current students and local high school students to create financial awareness and discipline with the ultimate goal of building a financial sustainability," he said.

The Office of Research and Sponsored Programs (RASP) at Bluefield State College worked with Enactus students and the organization's advisor, Dr. Albert Berkoh and Dr. Anthony Woart, BSC Professor of Sociology, to develop and submit the grant. The $3,000 grant will equip Enactus members with resources and training to act as peer leaders in distributing financial literacy information to BSC students and high school students. Additionally, financial literacy information and training will be offered through special events, workshops, class presentations, print displays, and social media campaigns.

The BSC Office of Student Affairs & Enrollment Management has pledged to match grant funds, dollar-for-dollar, to sustain and expand financial literacy education on campus and to introduce financial literacy training to three area high schools.

"Enactus is honored to be selected for the financial literacy counts grant," Joseph observed. "Enactus welcomes projects that permit us to inject our individual talents into the community via communicating our experiences and providing literature."

Dr. Marsha Krotseng, BSC president, added, "This proposal provides a coordinated and achievable approach to increase financial literacy education at our College and in local high schools. The BSC Enactus chapter is a talented, focused community of students and academic leaders committed to using the power of entrepreneurial action to enable human progress.