MUSC Education & Student Life Annual Report for 2010-2011
ESL Annual Report | Student Finsncial Literacy Program
“Get Financially Fit,” a new ESL initiative, is a financial literacy program that empowers students with financial information so they are better prepared to succeed in a challenging economy. In the midst of learning how to conduct research and care for patients, few students have the time to become knowledgeable about managing their financial debts and future incomes.
MUSC 2011 graduates owe an average of nearly $100,000 to repay the loans that financed their educations. Recognizing the impact of this indebtedness on their future success, ESL felt compelled to live up to its commitment to foster the personal and professional growth of our students and implemented its inaugural financial literacy education program. The program organized and presented nine workshops, two of which were sponsored by the American Association of Medical Colleges (AAMC). A total of 299 participants attended the series that focused on various financial topics.
Our central position enables us not only to help students in one college but also to expand services from one college to all University students. Soon ESL will partner with the College of Medicine (COM) to offer a more robust financial literacy program. This program will be showcased in the COM’s accreditation process.