Page 30 - index

To access CashCourse, students register at www.cashcourse.org Chatterjee, A. (2014). America’s college students are graduating more
with their name, school, and email address. Tey must accept indebted that ever. Retrieved from http://www.msnbc.com/the-reid-
the Privacy Policy and Terms of Use. No student information report/college-students-more-indebted-ever
is shared with outside parties. Students select their institution COHEAO (Coalition of Higher Education Assistance
during registration to see custom branding and assignments. Organizations). (2012). Financial literacy on campus: Raising
Campus administrators see students’ coursework and quiz scores awareness, creating and developing programs, and improving
matched with student names and email addresses. efectiveness. Retrieved from http://www.coheao.com/wp-content/
CashCourse: Tools for Administrators uploads/2011/04/COHEAO-Whitepaper-Financial-Literacy-on-
Campus-.pdf
Te following tools and resources are available to administrators:
Domonell, K. (2011). Dollars and sense tips for implementing
1. Workshop Kits - PowerPoint presentations and facilitator fnancial literacy programs on campus. University Business, 14(9),
guides for ten topics. 51-55. Retrieved from http://search.ebscohost.com
2. Marketing Templates - fiers, posters, ads, bookmarks. Goetz, J., Cude, B. J., Nielsen, R. B., Chatterjee, S., & Mimura, Y.
3. Worksheets (2011). College-based personal fnance education: Student interest in
three delivery methods. Journal Of Financial Counseling & Planning,
4. Twitter and Facebook Posts - 100 pre-composed social 22(1), 27-42. Retrieved from http://search. ebscohost.com
media posts.
Higher One. (2013). Money matters on campus: How early
5. CashCourse Challenge - three versions of online attitudes and behaviors afect the fnancial decisions of frst-year
scavenger hunts. college students. Retrieved from http://moneymatterson campus.
6. Assignments - student assignments (tracking participation org /wp-content/uploads/2013/02/Money-Matters-on-Campus-
Final-Report.pdf.
and scores).
Kezar, A., & Yang, H. (2010). Te importance of fnancial literacy.
7. CashCourse Connection - monthly e-newsletter. About Campus, 14(6), 15-21. doi:10.1002/abc.20004
8. Webinars - live how-to training with question and answer. Looney, S. (2011). Financial literacy at minority-serving institutions.
9. Reimbursement Program - fall and spring mini-grants. Retrieved from http://www.ihep.org/assets/fles/publications/a-f/
(Brief)_Financial_Literacy _at_MSIs_December_2011_FINAL.pdf
CashCourse allows instructors or administrators to create
assignments of their choice or use those within the program. Tomason, A., & Newman, J. (2013). Student-loan default rates
Website use can be monitored through Google Analytics to continue a steady climb. Chronicle Of Higher Education, 60(6), A6.
assess the number of visitors, trafc over time, time spent on Retrieved from http://search.ebscohost.com
site, top content, where visitors come from, etc. Wilke, A. (2013). Financial literacy makes dollars and sense for
student loan borrowers and lenders. New England Journal Of Higher
A RECOMMENDED RESOURCE FOR Education, 1. Retrieved from http://search. ebscohost.com
PROMOTING FINANCIAL LITERACY
CashCourse is highly recommended as a fnancial literacy
program for any post-secondary institution. It is a
comprehensive site providing extensive student tools and
resources related to all areas of personal fnance. Te program
is in use at 13 MnSCU institutions. Nationwide, CashCourse
is used at colleges with a few hundred students as well as large
land-grant universities with over 40,000 students.
Institutions that have successfully implemented a fnancial Steve Bean is the Deborah Mayne, MBA,
literacy curriculum have anecdotally seen dramatic results Faculty Librarian at is the Senior Accounting
in terms of increased completion rates as well as increases of Itasca Community College, Supervisor at Century College,
fnancial knowledge, attitudes, and behaviors (Higher One, Grand Rapids, MN White Bear Lake, MN.
2013). Furthermore, when borrowers reduce their likelihood
of default on student loans, there is a clearly defned return on
investment for educational institutions. Individual students
who are able to responsibly manage their fnances are more
likely to pay any tuition balances or charges to the university,
and alumni who make sound fnancial decisions are much
more likely to choose, and be in a position, to give back
(COHEAO, 2012).
Aarin Distad is the Alex Kromminga, E.J.D., is the
Assistant Director of Director of Student Conduct
REFERENCES First Year Programming and Citizenship and Acting
Burdman, P. (2012). Making loans work: How community colleges at Century College, Assistant Dean of Students at
support responsible student borrowing. Retrieved from http:// White Bear Lake, MN. Winona State University in
projectonstudentdebt.org/fles/ pub/ Making_Loans_ Work.pdf Winona, MN.

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