Abstract
This chapter discusses the key characteristics of what this book calls the “Full-fledged Money Management Center.” It provides two case studies of this organizational model. These are the Sam Houston State University Student Money Management Center and the University of Wisconsin La Crosse It Make$ Cents Money Management Center. It discusses how the Full-Fledged Money Management Center breaks away from the grips of any institutional department or unit from which it may have emerged. It has a committed program champion with administrative clout and connectivity, full-time high-energy staff, and secured funding for its operations. The Centers connect with other university units in outreach efforts and offer financial education through a potpourri of events and activities. These cases provide an understanding of the nature and evolution of the full-fledged money management centers, the scale of their operations, the organizational positioning, the programs content and delivery, spin-offs, challenges, and much more.
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Notes
- 1.
The Wisconsin Covenant Scholar program was a state program geared to inspire high school students to plan for successful high school careers that lead to higher education. Students pledged to achieve certain academic and other standards. Upon graduation and fulfillment of their pledge, the students received financial aid packages that assisted them through college. Wisconsin universities and colleges also pledged to assist the Covenant Scholars to do their best (Wisconsin Covenant, 2013). The program was discontinued when a new governor took office in 2011.
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Danns, D.E. (2016). The Full-Fledged Money Management Center Case Studies. In: Financial Education in U.S. State Colleges and Universities. SpringerBriefs in Psychology. Springer, Cham. https://doi.org/10.1007/978-3-319-24430-3_4
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