1. NCASFAA Spring 2012 Conference April 17, 2012 Wrightsville Beach, NC 1

2.  Approximately 20,000 students, of which 18,000 are undergraduates  Primarily 18-21 year olds who graduate high school and enroll full-time in college  Male = 40% & Females = 60%  In-state = 73% & Out-of-state = 27%  Minority students = 13% 2

3. Mission Statement: We will ASSIST with identifying and obtaining resources to finance higher education; DELIVER funds in a timely and equitable manner; and EDUCATE, so that informed financial decisions can be made. 3

4.  Dollars and Sense (will discuss more later)  Faculty/Staff workshop series  Workshops through various student organizations  Workshops for parent groups  Parent/Family Magazine articles  Financial Literacy section of website (www.jmu.edu/finaid), includes items such as:www.jmu.edu/finaid ◦ CashCourse (NEFE) ◦ PowerPoints ◦ Budget case studies ◦ Many others and more to come  Developing ecampus enhancements to assist with loan debt/repayment education  Approximately 700 people attend our workshops 4

5. Where we pitched it: ◦ Student Focus Group  Very supportive ◦ General Education  Cluster Fit & Multiple Sections ◦ College of Education  Referred ◦ College of Business  Credentialing/ownership ◦ College Student Personal Administration (CSPA) Program  Structured Program…delete a course to make room for this ◦ Orientation  Time issues…full schedule (led to another program) ◦ President’s Office ◦ Outreach and Engagement (SUCCESS!) 5

6.  Adult Degree Program (ADP)  Bachelor’s of Individualized Study designation course (IS 275)  3 credit hours  Open to any student as an elective  Monday, 2:30pm – 5:00pm 6

7.  Registration fills up after the first day  Mostly graduating seniors  Override requests are plentiful  Holding class size at 25, but could easily run multiple sections  Students consistently request adding this course to the GenEd curriculum 7

8.  Foundations in Personal Finance College Edition (The Lampo Group)  Supplemental materials gathered from: ◦ Self created ◦ Bankrate.com ◦ Family Economics & Financial Education (The University of Arizona) at http://fefe.arizona.edu/ ◦ Security and Exchange Commission Office of Investor Education and Advocacy at www.investor.gov ◦ The Ten Commandments of Financial Happiness (Jean Chatzky) ◦ Beyond Paycheck to Paycheck (Michael Rubin) ◦ Extra Credit – The 7 Things Every College Student Needs to Know about Credit, Debit & Cash (Bill Pratt) ◦ The Millionaire Next Door (Stanley and Danko) ◦ Personal Finance, Eight Edition, 2006 (Garman and Forgue) ◦ Various other resources 8

9. Students  Watch video on Blackboard and complete workbook assignment before class  Submit weekly journal article  Read the assigned chapter  Complete weekly Chapter Test (take home)  Participate in activities and discussions in class, based on instructor created PowerPoint and other resources  Financial Plan is due the last class 9

10.  This is where you really learn what is on the mind of the student  You will see a progression of them identifying their issues and problem solving resolutions  You will witness their failures and successes  They will validate what you do in the classroom  They will give you ideas of what to bring into future classes  Let’s look at a sample 10

11. Let’s Review It! 11

12.  In 2011-12 we began putting a student’s loan debt on the award notice  In 2012-13 we are working towards including the estimated monthly repayment amount  Financial Education Committee (Mission and S.W.O.T.) ◦ Parent Relations ◦ Orientation ◦ College of Business ◦ Health Center ◦ University Business Office ◦ Career and Academic Planning ◦ Fraternity and Sorority Life ◦ Student Government Association ◦ Financial Aid 12

13. Brad Barnett, MS, AFC, CPFM SASFAA President James Madison University Senior Associate Director of Financial Aid E-mail: barnetbd@jmu.edubarnetbd@jmu.edu 13