Fairmont State University has received a $7,000 grant from the Truist West Virginia Foundation to boost financial literacy efforts. The funds will support a series of educational seminars geared toward Fairmont State students, staff and the wider community.
“The Truist West Virginia Foundation continues to demonstrate their enduring commitment to preparing for the future of Fairmont State University and our state while also working to improve our present,” Fairmont State Foundation President Anne Bolyard said. “These seminars will have a positive effect on the lives of our students, our university as well as our communities.”
Financial literacy is essential for managing personal finances effectively. It leads to informed decision-making, responsible budgeting and debt management. It also helps individuals save for the future, avoid financial scams and invest wisely, contributing to both personal financial stability and broader economic health. By empowering individuals with financial knowledge, financial literacy promotes independence, reduces stress and enhances overall quality of life.
The grant will fund seminars on various topics including banking, credit cards, housing loans and leases, budgeting, tax preparation, health and financial benefits and insurance choices. The goal is to educate participants to make sound financial decisions.
The seminars will be organized by the Office of Financial Aid and the College of Business & Aviation. Both plan to expand current financial literacy programming and will gather feedback to refine future sessions.
“Financial literacy is a key focus area of the Truist West Virginia Foundation. All people and communities should have an equal opportunity to thrive,” said Courtney Pack, Executive Director of the Truist West Virginia Foundation. “The Truist West Virginia Foundation is pleased to support this financial literacy initiative. We believe the Truist West Virginia Foundation contribution to Fairmont State Foundation will help make a difference in the lives of many.”
