Creating a Collegiate Financial Well-Being Program from Concept to Reality

with Patsy Collins, Kristy Vienne, Paul Goebel

About This Course

The formula for college success today has two components: grades and money. Higher education institutions have in place a legacy of support to educate students on academic requirements. Many fall short when it comes to helping students understand the new financial responsibilities and obligations refining student success. This session is an open forum question and answer format featuring the founders of two award-winning collegiate financial well-being programs. No question will be refused!

Financial well-being has become synonymous with student success on today’s college campuses, whether that campus is a public four-year campus, community college campus, junior college campus, professional program, or private four-year campus. Student success is no longer held captive to the academic performance occurring within classroom walls. The formula for college success only has two components: Grades and Money.

Students are made aware of their academic requirements with every class syllabus. It is often the financial realities of pursuing a post-secondary education that create challenges for students. Many students (especially first-generation students and student veterans returning to campus) who find themselves adrift without knowledge, skills, or abilities to face new financial responsibilities and processes.

A collegiate financial well-being program provides a much needed bridge of support for all students. As educators and practitioners, the greatest gift we can provide to students is empowerment through education.

Let us not forget research. The findings from a variety of research briefs, studies, and polls throughout the years speak for themselves when it comes to the importance of financial well-being in higher education:

More than one third (34 percent) of students agreed that the stress from financial issues had a negative impact on their academic performance or progress. (Inceptia Research Brief)
80% of young adults (average age of just over 18) worry about debt and are experiencing debt-related stress in their daily lives. (Money Matters on Campus Study)
Nearly 60 percent of students said they worry about having enough money to pay for school, while half are concerned about paying their monthly expense. (National Student Financial Wellness Study)
Almost 50 percent of students said there had been a point in the past 12 months when they had less than $100 in their bank accounts (AICPA survey)
42 million people owe $1.3 trillion in student debt. (New York Federal Reserve Study)
Student loan debt is nearly $620 billion more than total U.S. credit card debt. (Student Loan Hero Findings)
Class of 2016 is the most student loan-indebted graduates with an average of $37,172 of student loan debt. (Federal Reserve Findings)
68% of U.S. adults doubt they will be able to completely pay off their debts. (CreditCards.com SurveyOpens a New Window.)
30% of U.S. adults believe they’ll never be debt-free and another 38% don’t know how or when they’ll be able to swipe their slates clean in the future. (Institute of International Finance Study)

College is an important transitionary period for students. With ever-escalating tuition costs and living expenses, all students need access to financial education programs and services to be better prepared for life today as students and tomorrow as graduates. A well-structured collegiate well-being program built upon a foundation of research findings can be transformative in the lives of all students.

This session, led by the founders of two award-winning collegiate financial well-being programs – the Student Money Management Centers affiliated with Sam Houston State University and the University of North Texas – provides insights into practical designs, implementation strategies, and assessment methodologies that can easily be replicated on any campus. This session will follow an open forum format to allow participants to ask questions relevant to their personal program development and enhancement needs or areas of concern.

Learning Outcomes

Participants will have the opportunity to:

understand the core steps in designing a collegiate financial well-being program;
identify key design and implementation strategies; and
learn how to replicate student-centric principles of both programs.

Pricing

This session is $149 for NASPA members, $220 for non-members. Pricing will be accurately reflected in your cart.

Accessing the Presentation

Once you complete your registration, you will be able to access the course by clicking on the "Login" button at the top of this page (or any page on olc.naspa.org).

You will be asked to login with your NASPA user name and password. Once you have done so, you will hit continue and be redirected to your dashboard in the Online Learning Community.
You will find the session listed under "Enrolled."
This session is recorded. By clicking into, "Contents," you will find the session recording, resources, and PowerPoint slides. You may view the materials as many times as you'd like, at whatever pace you would like.
If you have any difficulty accessing the materials, please contact Jace Kirschner (jkirschner@naspa.org).

About Your Instructors

Patsy Collins is the director of the student money management center at Sam Houston State University. In her role, Patsy and the Center have received national and institutional awards of excellence. In 2018, the SHSU Student Money Management Center was ranked by LendEdu as one of the top five leading collegiate financial literacy programs. In 2015, Patsy was recognized as AFCPE Counselor of the Year for her leadership role in the financial counseling community and she currently serve as the chair for the Texas Association of Collegiate Financial Education Professionals. She is a contributing author to Dr. Jay Liebowitz’ book Financial Literacy Education: Addressing Student, Business, and Government Needs. Patsy’s segment “Don’t Just Survive – Thrive” highlights the importance of professional collaboration in creating a successful environment for financial learning for the students of Sam Houston.

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Dr. Kristy Vienne currently serves as the assistant vice president for student affairs at Sam Houston State University. Kristy’s areas of responsibility include the Bearkat OneCard services office, student money management center, research and assessment for student services, and professional development. Kristy is the founding director of the Sam Houston State University Student Money Management Center, now in its 10th year of service. The center and its staff have received numerous rewards and recognition for their service to the students on Sam Houston’s Campus. Most recently, the Center was recognized as the #6 ranked center in the Nation by LendEDU. The SMMC’s mission is to empower students to achieve financial independence. Kristy is actively involved in the educational and research components of the card profession and the area of financial literacy in higher education, having published in both professional and academic journals on both subject matter. Kristy has a doctorate in educational leadership from Sam Houston State University, Master of Arts in student personnel services from Northwestern State University, and a Bachelor of Arts in business administration from Northwestern State University.

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Paul Goebel is the founding and managing director of the student money management center at the University of North Texas. The center has received numerous national and institutional awards of excellence under his leadership. For the past twelve years, Paul and his team of professionals and student mentors have worked tirelessly to streamline all money management education services under the oversight of one dedicated office serving as a single entry point to eliminate frustrations and confusion among students seeking support, counsel, and advice. Paul was named Educator of the Year by both the National Endowment for Financial Education and the Association for Financial Counseling, Planning and Education. Paul is often called upon to share his content and programing expertise as a keynote speaker and presenter at state, regional, and national conferences.

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