MADISON, Wis. (5/15/14)--UW CU, Madison, Wis., has partnered with its namesake university, University of Wisconsin, to establish a series of life-skills courses focused on financial capability.
The UW Credit Union Financial Capability Fund, launched with a $150,000 donation from UW CU, was formed in collaboration with the university's School of Human Ecology (SoHE). It will support a series of three, one-credit "financial capabilities for life success" courses for students at the Madison campus.
"This innovative course is one in a series of SoHE courses designed to provide UW students with practical life skills, knowledge and experiential learning they will need to be successful after graduation," said Soyeon Shim, SoHE dean.
The program will start with a pilot group this fall and officially roll out in spring of 2015.
President/CEO Paul Kundert said the $1.7 billion-asset credit union is committed "to improving students' lives by giving them the foundation they need to make sound financial decisions."
Last year, UW CU delivered 25 financial education seminars to more than 1,800 students and faculty members.
"Financial literacy is a critical issue facing college students," said Jaimes Johnson, UW CU director of community and campus relations. "That's why we believe in doing our part to make a difference by giving students the tools they need to achieve financial stability."