Patricia Clarke receives grant to support financial literacy
A grant from TD Banknorth Charitable Foundation has been received recently to support the ongoing financial literacy service-learning project in SOM Professor Patricia Clarke’s Mgmt 260: Principles of Finance class. The grant proposal and the project were developed in collaboration with Jennifer McKee of the Scott/Ross Center for Community Service.
This is the fifth consecutive semester that Clarke’s students have participated in the financial literacy service-learning project. Each semester, the Simmons students organize and develop materials for a Personal Finance Information Workshop for English as a Second Language (ESL) students from the International Learning Center, which is located at the main YMCA in Boston. Workshop topics recently included uses of both short- and long-term borrowing, such as credit cards and higher education, as well as short- and long-term savings, including retirement. This hands-on project strengthened the Simmons students’ financial education and problem-solving skills, while helping local immigrants improve their financial education and English language and communication skills.
As part of its commitment to financial literacy as a community priority, TD Banknorth also provides employee volunteers for the project at Simmons. In fact, TD Banknorth employee Dan McElhinney volunteered at the workshop this semester and was available to answer questions from the ESL and Simmons students. Additionally, Kianda Addo, Undergraduate ‘05, a student during the project’s first semester, has volunteered to help with the project every semester since then.
Filed under SOM News
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