ACRL President Trevor A. Dawes' Presidential Initiative

Financial Literacy

Trevor A. Dawes
ACRL President
2013-2014

Midwinter Financial Literacy Forum | President's Program | C&RL News Press | Financial Literacy Best Practices Examples
 

A Guide: Financial Literacy and Students: Tools and Resources


Midwinter Financial Literacy Forum: Why Students Need Librarians to Get Involved

2014 ALA Midwinter Meeting, Philadelphia, PA
Saturday, January 25, 2014, 10:30 - 11:30am
Full details are available in the ALA online scheduler.

 

Adi Redzic, co-founder and executive director of iOme Challenge (www.iomechallenge.org), will make a case for why young people need librarians and other library professionals to get involved in facilitating greater financial literacy in our communities. Adi will introduce iOme's various programs, including the data collected through iOme's annual Measure of Millennials. Attendees will also receive resources that they can utilize in their individual work. This forum will serve as an introduction to the topic of financial literacy and academic libraries, which will be the theme of the ACRL President's Program at the 2014 ALA Annual Conference in Las Vegas.

American Libraries reviewed the forum here.


President's Program: Financial Literacy at Your Library

2014 ALA Annual Conference, Las Vegas, NV
Saturday, June 28, 2014, 10:30am - 12:00pm

Financial Literacy At Your Library
The program will bring together leaders in financial advising and higher education to discuss the importance of financial education on our college campuses and some ways in which college students especially can learn how to more effectively manage their finances. In addition, the program will highlight ways in which librarians and libraries can partner with others on and off campus to develop programs that aid our students in these endeavors.

Featured speakers:

Michelle Singletary, Washington Post Columnist and financial educator David Eisler, President, Ferris State University

Thank you to our sponsors:


C&RL News Press

October: "Libraries, ACRL, and financial literacy: Helping students make sound decisions"

December: "Financial literacy: Why students need librarians to get involved"

February: "The St. Louis Fed offers economic and financial education: Resources for librarians"

 March: "Financial literacy and community colleges: How libraries can get involved"

April: "Money matters @ NYPL: An invested staff is key"

May: Financial literacy across the curriculum (and beyond): Opportunities for academic libraries

June: Academic libraries’ impact on financial education: A year of programs and projects
 

Financial Literacy Best Practices Examples

1. Collin College
Several hundred students per year learn about financial literacy, scholarships, etc. in traditional 'one-shot' instruction sessions and via our newly created "Scholar General: Take Command of College Scholarships and Your Financial Future!" workshop.

2. Penn State University
University Libraries-sponsored financial literacy presentations and workshops on budgeting, identity theft, credit cards, student loans and other personal finance topics relevant to college students. The Student Financial Education Center, a peer-to-peer financial education program, is housed in the library. See our guide to resources for financial education.

3. Prairie View A & M University
Our financial literacy programs to students and the community include invited speakers and presenters ranging from Bank Vice Presidents, grant writing instructors, and credit counselors. The library participates in Houston's Money Smart Week which highlights over 250 agencies involved in promoting financial literacy.

4. Rutgers, the State University of University of New Jersey
EconKids: Teaching Economic Principles through Children's Literature
is an online educational resource for parents and teachers to use in teaching children economic literacy. The mission of the site is to use literature, particularly picture books, to illustrate complex economic issues.

5. University of Toronto
We developed our own financial literacy curriculum, strategic plan, and also partnered up with the government and other not-for-profit agencies to promote, deliver, and assess financial literacy education.

6. University of Tennessee, Knoxville
A three-part "Financial Literacy Boot Camp" planned for the 2014-2015 academic year will introduce students to financial knowledge and skills. The program was a grant given by the UT Alliance of Women Philanthropists to the Hodges Library and will include presentations by speakers from UTK's College of Business Administration and local non-profit financial organizations.

7. Ferris State University
Get Real! is a fun, interactive game, geared especially for Ferris Students in correlation with Money Smart Week 2014. Get Real! is based on the Reality Store concept created by the Indiana Women's Education Foundation, Inc. The video of the event was produced by Media Production at Ferris State University and is available at http://youtu.be/LSNmbwz4l_8.  More information is available at http://www.ferris.edu/HTMLS/admision/financialaid/getreal.htm.

8. Tennessee Technological University
Beginning in fall 2014 the Volpe Library will offer instruction on personal finance topics including savings, budgeting, debt, college student essentials and philanthropy. The library licensed the presentation materials from Dave Ramsey’s Foundations of Personal Finance for College Campuses, http://www.daveramsey.com/school/college-campus/. The library is collaborating with the Learning Villages and athletics to develop sessions designed for these students in addition to the open attendance sessions.

9. Anne Arundel Community College
Reference staff created an exhibit called "Money$Money" featuring books about investing, personal financial management, managing personal credit, retirement planning, helping your children learn about money, etc. All of the titles are in the library's collection, and the back of the display case featured large, very realistic looking hundred dollar bills.

10. Cecil College
In April, 2014, the library sponsored a one-day conference titled "CA$H, CHAT & CHANGE." The keynote speaker was Maryland Public Television business correspondent Karen Gibbs. The day included six breakout sessions: Budget Basics, Car Buying, Financial Aid, Getting & Understanding Your Credit Report, Identity Theft and Invest Early! Even $20 a Month is Life Changing. The breakout sessions were conducted by Cecil College faculty and staff, Aberdeen Proving Ground Federal Credit Union, and PNC. Over 150 people attended.

Submit your financial literacy best practices here.