Dollars and $ense
April is financial literacy month and this year, Denison staff from Student Development, Residential Communities, First-Year Program, Financial Aid, and the Knowlton Center for Career Exploration have come together to plan a series of speakers, activities, and messaging throughout the month to bolster students’ financial literacy.
Last week, Melanie Murphy and Kirsten Fox, from the Knowlton Center, presented a workshop entitled $tart $mart, which discussed salary negotiation with students. A senior, Alexandria Nickles, who attended the workshop commented: “$tart $mart was a great way to begin preparing for what we will encounter in the workforce in our lives after Denison. I feel much more prepared for negotiating salaries with the tools that Denison gave me in this program. I am thankful that Denison is putting on programs such as these and is really putting students in a position to succeed in life after Denison.”
“I feel more prepared negotiating salaries with the tools Denison gave me. I am thankful that Denison is really putting students in a position to succeed in life after Denison.”
And this week, a second workshop will be held, this time focusing on helping students to manage their student loans, hosted by the Admission & Financial Aid. Denison’s Director of Financial Aid, Laura Meek, discussed the purpose of this workshop saying that student loan borrowers may have questions or worries about how they’re going to handle student loans after graduation. During the Student Loans 101 Workshop, Jeff Johnston of Sallie Mae, who has over 20 years of student loan experience, will give sound advice about loan management now and in the future.
Another financial literacy initiative is the Denison “Cash Cab.” A golf cart driven by Dean of First-Year Students, Mark Moller and Assistant Director of Residential Communities, Ben Daleiden, will be going around campus, asking students questions to test their financial literacy IQ and possibly win prizes. Senior Chloe Capuano was one of the lucky students who rode in the “Cash Cab” and had this to say about her experience, “My friend and I did it together and we were honestly raving about it all day. The cart was decorated with lights and you got a $1 Whit’s gift card for every question you got right and it was such a nice day for it. You could also have people walking help you on a question so we got to chat with some random people which was really funny! Overall we had a great time, lots of laughs, and we realized that we know nothing about financial literacy but we got to learn some anyway! I think it was a great and fun way to educate people about that topic!”
In addition to the speakers and the “Cash Cab,” Denison has also launched an online program around Financial Literacy through the Knowlton Center's OnBoard program. The program aims to educate students on how to budget while in college, to understand credit and debt, and to learn about investing money. All students that complete one of the program units by April 30 will be entered into a raffle to win gift cards.
Students should be on the lookout for chalkings, table tents, and posters throughout the rest of the month advertising the other programs and initiatives Denison offers.