OneMain Continuing Quest For Financial Literacy
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowEvansville-based OneMain Holdings Inc. (NYSE: OMF) has announced a one-year partnership with California-based Knowledge Is Power Program to develop a comprehensive financial literacy toolkit. When complete, the toolkit will be available at all 183 KIPP public charter schools nationwide.
OneMain has given a $100,000 grant for the toolkit’s development. The company says it will offer resources, curriculum and protocols to help students, staff and families navigate financial issues, including budgeting, wise use of credit, and college cost questions.
"This is extremely important work, and we are grateful to OneMain for making this effort possible," said Craig Robinson, director of the national KIPP Through College program for KIPP. "We know that many of our students struggle with navigating the financial challenges of college, and having a one-stop shop for financial resources will help us ensure all of our students and their families are getting the support they need to make critical financial decisions that will set them up for success in college and beyond."
KIPP will be conducting the research and curating best practices in financial literacy education for the toolkit. OneMain says the goal is to eventually share the toolkit outside of KIPP.
The announcement of the partnership comes less than one week after OneMain announced a $300,000 grant to enhance financial literacy among community college students.