In The Know With Acct

Bridging Financial Wellness and Student Success

Informações:

Synopsis

This episode of In The Know features conversation with Veena Jayadeva, Director of Corporate Responsibility at Guardian Life Insurance, Hannah Gregory from Capital Community College in Connecticut, and Allison Beer and Jacob Bray from ACCT. Our discussion focuses on ACCT's most recent report, Bridging Financial Wellness And Student Success: Effective Models for Community College. Major takeaways from the report include: Community college students’ expenses often exceed available grant aid. Community college tuition is known for being relatively affordable; however, the cost of tuition and living expenses is typically greater than the amount of their available resources and grant aid. Sufficient federal and state financial aid resources are necessary to meet students’ financial needs. Colleges can also support students with financial aid interventions such as emergency grant aid, institutional balance forgiveness, and improved financial aid information. Financial education can be critical for students as th