The College Educates Students on Personal Finance With New Online Resource

by Diane VanDyke

Montgomery County Community College is taking a proactive approach to improving its students’ financial well-being with the help from CashCourse®, a free online resource from the National Endowment for Financial Education® (NEFE®). The College recently joined more than 550 other colleges and universities in the United States that are using this program to help students and recent graduates.

When students start college and live independently away from the guidance of their parents, they often make unwise financial decisions due to inexperience and lack of knowledge.  Students need financial tools during their transition to adulthood to help them learn about saving, investing, filing taxes, paying off student loans and evaluating the financial aspects of job offers.

“CashCourse offers a reliable resource to help young adults develop financial know-how,” says Ted Beck, president and CEO of Denver-based NEFE. “Through attention to the needs of today’s college students, this program will help young adults gain the financial savvy they need to succeed in life at college and beyond.”

CashCourse features unbiased content with no advertising and no connections to commercial entities. Using the input from college students, NEFE made the program easy to comprehend and use.

In addition to articles, the online resource features:

  • Worksheets, calculators and quizzes for students to use in the classroom or at home;
  • A “Budget Wizard” tool to help students manage their spending;
  • An online dictionary of financial terms to help students understand the basics;
  • A credit module to educate students on the importance of managing credit cards and protecting their credit; and
  • Many resources for college and university professionals to promote and use CashCourse with their students.

“CashCourse is available to all employees, departments, students and recent graduates 24/7,” says Amy Hartenstine, director of CashCourse. “We are proud that Montgomery County Community College has signed on to provide CashCourse to its students.”

NEFE is an independent nonprofit organization committed to inspiring empowered financial decision making for individuals and families. To learn more about NEFE, visit www.nefe.org.

To learn more about the CashCourse program, visit www.cashcourse.org/mccc. 

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