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Financial Empowerment for Student Success

Financial Empowerment for Student Success. Lessons from the ATD-MDC-Bank of America Partnership. MDC-ATD-Bank of America Partnership. Partnership is a two year engagement Grants to three pilot colleges Community College of Baltimore County Houston Community College

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Financial Empowerment for Student Success

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  1. Financial Empowerment for Student Success Lessons from the ATD-MDC-Bank of America Partnership

  2. MDC-ATD-Bank of America Partnership • Partnership is a two year engagement • Grants to three pilot colleges • Community College of Baltimore County • Houston Community College • Los Angeles Harbor College • Technical assistance to participating colleges • Establishment of learning network • Publication of learning paper

  3. MDC-ATD-Bank of America Partnership • Each of the pilot colleges have pursued different approaches • Houston Community College: Financial literacy components in student success courses and financial literacy fairs • Los Angeles Harbor: Targeting a specific cohort of students • CC of Baltimore County: Increased financial coaching

  4. Some preliminary lessons learned • Incorporating volunteers into plans has been challenging • Getting buy in from college administration is incredibly important • Fostering collaboration – or at the very least, connection – between student services and academic departments is key for campus-wide change • Leveraging resources for support of these activities is critical • Showing impact of financial empowerment programs beyond individual interventions is extremely difficult • No two programs look exactly alike—and that’s OK!

  5. Contact info • Dan Broun • Program Director • MDC • 307 W. Main St., Durham, NC 27701 • 919-381-5802 x323 • dbroun@mdcinc.org

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