Suntrust Foundation and Virginia Union University partner to provide financial education in the classroom

SP
Sandra Phoenix
Thu, May 12, 2016 10:19 AM

Virginia Union University
April 29, 2016

Suntrust Foundation and Virginia Union University partner to provide financial education in the classroom

The SunTrust Foundation has awarded Virginia Union University (VUU) a $204,000 grant to establish a financial literacy program for students, parents and for residents in the Greater Richmond area.  The financial literacy program will teach financial habits and offer solid steps for smart financial planning.

Virginia Union's General Studies courses will be revised to include a financial literacy component reaching approximately 500 students through 10 certified instructors.  The revised course curriculum will be based on the National Endowment of Financial Education (NEFE) curriculum and is designed to empower financial decision-making for individuals and families through every stage of life.

"SunTrust is dedicated to providing the tools to help people move from financial stress to financial confidence," said Dorinda Smith, Head of SunTrust Mortgage on behalf of the SunTrust Foundation.  "The SunTrust Foundation supports this project because it will teach proven financial principals and allow students to build confidence in managing their finances."

"Virginia Union University has a strong legacy of improving the lives of our students and their parents," said Dr. Claude G. Perkins, President of Virginia Union University.  "We are proud to offer a financial education that will sustain our students, their families, and the community throughout their lives."

As part of the grant, VUU will also provide financial education courses to parents of VUU students and residents in the Greater Richmond area.  Parents of VUU students will have access to financial planning workshops, resource information, and customized learning experiences. Greater Richmond area residents will be engaged through existing community organizations and through collaborations with SunTrust Mortgage and SunTrust teammates.

SANDRA M. PHOENIX
Executive Director
HBCU Library Alliance
sphoenix@hbculibraries.orgmailto:sphoenix@hbculibraries.org
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800-999-8558, ext. 4820
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Virginia Union University April 29, 2016 Suntrust Foundation and Virginia Union University partner to provide financial education in the classroom The SunTrust Foundation has awarded Virginia Union University (VUU) a $204,000 grant to establish a financial literacy program for students, parents and for residents in the Greater Richmond area. The financial literacy program will teach financial habits and offer solid steps for smart financial planning. Virginia Union's General Studies courses will be revised to include a financial literacy component reaching approximately 500 students through 10 certified instructors. The revised course curriculum will be based on the National Endowment of Financial Education (NEFE) curriculum and is designed to empower financial decision-making for individuals and families through every stage of life. "SunTrust is dedicated to providing the tools to help people move from financial stress to financial confidence," said Dorinda Smith, Head of SunTrust Mortgage on behalf of the SunTrust Foundation. "The SunTrust Foundation supports this project because it will teach proven financial principals and allow students to build confidence in managing their finances." "Virginia Union University has a strong legacy of improving the lives of our students and their parents," said Dr. Claude G. Perkins, President of Virginia Union University. "We are proud to offer a financial education that will sustain our students, their families, and the community throughout their lives." As part of the grant, VUU will also provide financial education courses to parents of VUU students and residents in the Greater Richmond area. Parents of VUU students will have access to financial planning workshops, resource information, and customized learning experiences. Greater Richmond area residents will be engaged through existing community organizations and through collaborations with SunTrust Mortgage and SunTrust teammates. SANDRA M. PHOENIX Executive Director HBCU Library Alliance sphoenix@hbculibraries.org<mailto:sphoenix@hbculibraries.org> www.hbculibraries.org<http://www.hbculibraries.org/> 800-999-8558, ext. 4820 404-592-4820 Skype: sandra.phoenix1 Follow us on Facebook at https://www.facebook.com/hbculibraryalliance1/ Check out "PULSE!" The HBCU Library Alliance's News Source! - https://hbculibraryalliance.wordpress.com/ 1438 West Peachtree NW Suite 150 Atlanta,GA 30309 Toll Free: 1.800.999.8558 (LYRASIS) Fax: 404.892.7879 www.lyrasis.org<http://www.lyrasis.org/> Honor the ancestors, honor the children.