Attending college presents a unique time in a students’ life where financial literacy education is very important. Workshops cover a number of important subjects faced by students who may be living on their own for the first time. The goal is to lay the groundwork for major financial decisions that occur during college and after graduation – for instance buying a car and managing credit and debt. Other topics covered include budgeting, saving and investing, basics of banking, loan repayment, as well as staying away from student loan default.
We welcome and encourage all students to attend these workshops as they will offer guidance in making sound financial decisions in the future. These workshops are mandatory for any student receiving institutional aid. Institutional aid includes any funding granted to a student by the university. For example: Academic, Athletic, Choir, Band, Residence Hall Advisors, Auxiliary, Departmental, Bahamian Scholarships, etc.
If you plan on receiving this aid for the following year, you must attend four (4) Financial Literacy workshops during the academic year to received funding for the upcoming year.
*Please note – You have to attend four (4) workshops for the academic year, not each semester.
To obtain credit for attending the workshops, the student must:
Again, workshop attendance is mandatory and failure to complete could result in a loss of institutional funding for the upcoming academic year.
Workshop dates and times will be posted each semester in the Office of Financial aid and campus buildings. Email reminders are also sent out to students prior to each scheduled session.
Financial Literacy Month
April is known as Financial Literacy Month, in which the Office of Financial Aid will hold special sessions and events around campus to celebrate Financial Literacy.</br /> *Attendance is also taken at these events*
GradReady (PATH 2) is also an option for students to earn credit for the Financial Literacy Workshops, which can be accessed at: centralstate.gradready.com
GradReady is a personal finance website created specifically to help busy students learn how to manage money. Students will learn real-world money skills to help them make informed decisions. If this option is used, Path 2 will count for two (2) Financial Literacy workshops. If a student chooses this option, a student will then only have to complete two (2) in-person workshops.