The Pennsylvania State University Sokolov-Miller Family Financial and Life Skills Center’s mission is to provide students with the ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial wellbeing.
Earning, Saving & Investing, Spending, Borrowing, and Protecting are the five principles of financial literacy. As you make financial decisions each day, you use one or more of the five building blocks for managing and growing your money. Financial literacy is achieved through financial education; hence, by understanding these principles, students gain the ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial wellbeing. The Pennsylvania State University Financial Literacy program is here to assist you in achieving your financial goals.
Among its many student services, Penn State financial & life skills center offers workshops, freshmen seminars, and webinars under the MoneyCounts: A Financial Literacy Series. The Center also offers personal one-on-one meetings with staff and/or student ambassadors who provide peer to peer financial education and resources. In addition to a financial literacy website that includes a wealth of financial information, the Center offers on-line self-study modules of 27 different topics, and a newly created mentoring program to connect alumni with students.
Financial Literacy Advisory Board
The Financial Literacy Advisory Board was created at Outreach and Online Education in 2013 to provide overall strategy, guidance and direction for the financial literacy program at Pennsylvania State University. The Board advises on the development of the curriculum, available tools and resources and guides the expansion of the programs to reach all students. Administrators, faculty, students, and community members serve on the Advisory Board to create a fair representation of the university’s stakeholders.