2022 Breakout Schedule

Financial Insecurity: Emergency Aid Redefining Student Success

Presented by Samantha Smith and Paul Goebel

The pandemic has left many students struggling to afford tuition, food, and housing. They need emergency assistance—delivered fast. Since COVID-19 redefined the landscape of higher education, most financial wellness programs have received desperate messages from students needing emergency assistance. This session presents two financial wellness leaders managing emergency assistance programs that are successfully helping students remain enrolled during times of unprecedented crisis.

denisonfinancialwellness #highered #sapros

Financial Coaching Scholars - Impacting Students and their Community

Presented by Richard Simonds and Kat Ramirez

We will look at what happens when you recruit, train, and support social work students to be financial coaches who serve their classmates and community. We will highlight why we created this program, how we recruited and trained the students, and hear from one of the scholars about the impact the made in our community and our college. We will how we are working to replicate this program in collaboration with other offices throughout the University and homeless organizations.

#financialcoaching #socialwork #coaching

SPONSOR SESSION (NEFE) | Insights from Five Financial Education Policy Convenings

Presented by Raven Newberry

In January and February of 2021, the National Endowment for Financial Education (NEFE) partnered with the Council for Economic Education (CEE) to host five convenings focused on specific challenges in the financial education space and touched on the following policy topics:

• Financial education’s role in equitable access to post-secondary education
• Alternative approaches to financial education mandates
• What research says is effective in financial education and how to best support that with legislative dollars
• How to better support the unique needs of communities isolated from the mainstream; and
• How can we better align financial education to support the values and contexts of diverse communities?

This session will highlight major themes from those conversations and invite input from attendees on short-term steps and desired moonshots that could position the field to ensure students in post-secondary education have the knowledge, confidence and opportunity to live their best financial life.

One year later: Discussing CFPB's “Your financial path to graduation" tool & Pilot Program Findings

Presented by Brian Stone and Leissan Sadykova

The “Your financial path to graduation,” tool also known as Grad Path, has been in use for a year. Grad Path helps students understand their financial aid offers, turn them into financing plans, and decide next steps. We are one year into to our Grad Path pilot and will discuss our pilot findings. Additionally, we've made updates to the tool, and will provide insight into plans for future changes.

#payingforcollege #CFPB #Collegeprep #Collegesavings #Savingforcollege #Collegeplanning

COVID & Students: A Financial Wellness Lesson of Survival

Presented by Amy Nelson and Paul Goebel

One year ago, China announced the first Covid-19 death. Now, the disease is among the 10 deadliest pandemics in history with more than 122 million confirmed cases and 2.7 million deaths globally. This session will explore personal finance lessons we all can learn from this past year, while discovering how two financial wellness programs and teams successfully supported and served students through one of the worst pandemics and deadliest years in U.S. history.

#personalfinance #financialfreedom

SPONSOR SESSION (Wiley) | Good self-regulation is associated with better financial behaviors

Presented by Ashley Melando

This study explores the theoretical and empirical relationship between self-control and financial self-efficacy and how these two constructs may interact and influence financial behaviors. Self-regulation is a multiuse executive function that is observed in many different forms and contexts, including conflict management, mindfulness practices, and self-care. Data from this study are from a sample of participants who had self-selected to register for a couple relationship education (CRE) program, however, the findings could also apply to college-age adults. We find strong and significant relationships between self-regulation, financial self-efficacy, and financial behaviors. Findings suggest that improvements in general self-regulatory capacity may support adoption of financial management behaviors.

Plenary Session Presented by the HEFWA Research Committee

Join members of the HEFWA Research Committee for a showcase of the committee's work. Learn what research revealed about underborrowing (is that really a thing?!), how students' experiences as peer money mentors contributed to their professional development, and highlights of the 2021 administration of the Survey of Financial Wellness Programs. The session will include a student panel and a trivia game for HEFWA trivia lovers!

At Look at the Leadership Development Program: Strategies to Train Peer Financial Coach

Presented by Ben Raines and Brendan Greisberger

Presenters will explore the Leadership Development Program, used to train peer financial coaches. LDP is a 3 credit hour course offered in conjunction with the university’s college of education higher education student affairs meant to equip new financial coaches with the soft skills and financial knowledge needed to successfully coach their peers. Participants will explore financial, professional development, and interpersonal educational content that can be adapted to any training format.

Hanging On or Falling Off? The State of Collegiate Financial Wellness and What To Do About It

Presented by Jeff Webster, Gary Mottola, Jill Jones, Aly Blakeney, Helen Colby

Drawing on recent studies at the institutional level and with national surveys, the presenters will provide an overview of what the research says about collegiate financial wellness. Topics include the efficacy of financial education, attitudes/behaviors regarding debt, tradeoffs between work and borrowing, financial capability of college students, and the implications for financial educators. Equity issues will be addressed.

#StudentFinancialWellness #UnderBorrowing #BorrowerRemorse #FinLit4College #HardEarnedWisdom #StudentDebt #NestEgg4RainyDay #Plan2Pay4College

“It got me my job”: How Peer Money Mentoring Prepares College Students for Employment

HEFWA RESEARCH SESSION | Presented by Zach Taylor, Tristia Kayser, Mario Villa, Chris Burnett, Emma Futoransky

Student employment is often associated with higher retention and graduation rates, but scant research has investigated how peer money mentoring influences post-graduate employment and career advancement. This session draws upon interviews with over a dozen former peer money mentors to learn how these mentors developed valuable, marketable skills while a peer mentor, leading to fruitful employment and career advancement.

#employability #marketableskills #peermentoring

The Connection is Real: How Behaviors Impact Financial Wellness and Emotional Health

SPONSOR SESSION (Attigo) | Presented by Michiale Schneider and Tasha McDaniel

Many people, particularly your students, have little understanding of the ways in which behavior, financial wellness and emotional health are interwoven. All three make up the fabric of our lives. Studies have shown that people with debt, for example, have higher rates of stress and depression. During this interactive session, we will identify common financial behaviors of students, the impact it could be having on their emotional health, and ways to encourage healthier habits.

One Size Fits NONE– Tailoring financial education to meet the needs of a diverse student body

Presented by Jennifer Bell and Dr. Gilbert Rogers

A “one size fits all” approach is unlikely to address differences in financial well-being across minoritized student groups. This session will explore some common challenges that minoritized students face in taking steps forward in their own financial wellness journey, as well as how University of Oregon's Financial Wellness Center has risen to meet these challenges to better engage groups of students that have not previously engaged with financial wellness programming.

#RepresentationMatters #MoneyMatters

Is Under-borrowing a Thing? Exploring Whether Students Choose High Work Hours Over Student Loans

HEFWA RESEARCH SESSION | Presented by Aly Blakeney, Helen Colby, Richard Simonds

Through the use of a survey and debt-bias measure at two HEFWA-member institutions, we examine the prevalence and extent of the phenomenon of "under-borrowing": students choosing to fund their education through 20+ work hours a week at low-wage jobs over taking out federal student loans. Researchers will present preliminary results and findings, as well as discuss plans for future exploratory research.

The State of Student Finances 2021: Multiyear Comparisons and Pandemic Shifts

Presented by Carissa Uhlman

Our 2018 Inceptia report examined real-life financial choices of college students across the country; Three years later, we revisit our survey with surprising results, including immediate financial impacts of COVID-19. We’ll dig into the data from 65k+ students to gauge how financial behaviors change over time, with unique insight into adapting behaviors in the face of economic uncertainty. This session identifies where students struggle the most and offers strategies to assist and empower them.

#StateofStudentFinances

Needs Assessment and Review of Financial Education Resources for Institutions of Higher Education

Presented by Donna DeMarco, Dr. Sarah Costelloe, Dr. Lianne Fisman

In this session we will share the findings from a recent needs assessment of financial education for institutions of higher education and their students. The research included a literature scan on the needs and challenges; an environmental scan of existing financial education resources; and interviews with students, administrators, direct providers of postsecondary financial education and experts in financial education at institutions of higher education.

Bringing a Behavior First Approach to Student Financial Wellness

Presented by Andrew Zimmermann and Angela Amarillas

Financial wellness requires sustainable financial behaviors and habits. Building a strong foundation early can have significant benefits for students and result in less stress and better financial outcomes. In our 10-week course we focus on putting knowledge into action to form habits. In this session we will share the behavior models and methods we use to help students design for and succeed with the behaviors and habits that drive lifelong financial wellbeing.

#BehaviorFocusedFinance

Zoom-table Discussion: Student Involvement at the Summit

Presented by the HEFWA Student Experience Committee

Recruitment and attention-grabbing are hard, especially when it comes to summer professional development opportunities for students. The HEFWA Student Experience Committee is interested in hearing from our attendees – those who are students and those who supervise students – to help us create a well-informed and more direct plan to increase student attendance and professional development at the Summit. This session is less of a lecture-style format and more of an open discussion to hear about your ideas and concerns for how our network can welcome more students to our events and our community.

Connecting Student Financial Education & Wellness to University Retention Planning

Presented by Dr. Brett Bruner and Drew Purifoy

Student persistence, retention, and completion are the reality as we navigate how we best support students. Colleges and universities have different strategies on how they approach student success. Developing a student retention plan is one such strategy being embraced by many retention officers. This session will explore how one institution embedded its student financial education and wellbeing goals within its student retention plan to gain campus buy-in and generate resources.

Saving for a Rainy Day: How a Community College Works with Students to Establish Emergency Savings

Presented by Linda Eguiluz and Arjana Almaneih

The Rainy Day Savings Program aims to develop proactive behaviors in students related to emergency savings. Learn about how the Student Money Management Office has navigated through establishing partnerships with external stakeholders and create a robust program and help students meet their financial goals. You will also hear from a current participant of the Rainy Day Savings Program and their experience with us this year.

#YourEmergencyFund #SaveForARainyDay #ACCSAVES #ACCMoney

Elevating student financial knowledge through case-based workshops

Presented by Jennifer Bethel and Robin Kahn

We will teach college staff and faculty how to build a financial literacy program that uses real financial scenarios faced by young adults. We will include an overview of our train-the-trainer program and case-based approach as well as tips on how to run successful workshops. We will also share insights on how to drive attendance and measure impact.