Congratulations to past winners of the Outstanding Financial Counseling or Planning Center Award!
The call for nominations opens in June 2017.
2016: Merrimack College Financial Capability Center (Ana Silva)
The Financial Capability Center is a partnership between Merrimack College in North Andover, MA, and ACT Lawrence, a community development corporation, that provides bilingual financial education, coaching and counselling services to the low-income, mostly Latino, residents of the City of Lawrence, MA. The goals of the Center are: 1) to provide Merrimack College students with the knowledge, skills, practice, and confidence necessary to become effective financial coaches; 2) to increase financial stability for low-income and underserved individuals and households in Lawrence through building financial capability, and 3) to promote financial inclusion and healthy financial behaviors on campus and in the larger community through education, coaching, participatory action research, and outreach.
2015: University of Utah Personal Money Management Center (Ann House)
When the University of Utah was designing their student money management center, they turned to best practices and recent bodies of academic research to guide them. With a nod to the national statistics, in 2011 Utah began the center based on reducing student debt, and keeping default and delinquency rates low. They are the recipients of this year’s award much in part to their ability to collaborate with campus and community partners, their accessible and creative outreach to students and their focus on a variety of delivery systems to meet the needs and learning styles of a diverse campus of students.
The center is one of the oldest student money management centers and has become a model for other college centers. Under Ann’s guidance, since 2011, the center has grown to a staff of nine, now has its own suite of offices in the Student Union building and reaches more than 20,000 students each semester through face to face contacts, events, and workshops.