Freshman students will participate in a Financial Credit Management Seminar

Wednesday, November 05, 2008

SC State Logo...Over 1,000 new freshmen will participate in a financial credit management seminar on Thursday, November 6, at 1 p.m. in Martin Luther King, Jr. Auditorium sponsored by the Society for Financial Education and Professional Development. Dwayne Hall, a 20-year financial advisor, nationally known as “The Retirement Resource” will be the presenter.

In the advent of national and international financial woes from Wall Street to Fannie Mae to unprecedented home foreclosures, SC State freshmen will attend a financial credit management seminar, according to Terrence Cummings, assistant executive director for Student Success and Retention.

“SC State recognizes that its students’ social mobility will increase as they enter their various careers; therefore, there is an increased need for financial responsibility,” said Cummings. The Student Success and Retention Program at SC State is a university-wide initiative designed to curb student attrition while increasing the percentage of students who graduate from the University. “Data indicate that students who graduate and earn a bachelor’s degree will earn $1m more in their lifetimes than those without a bachelor’s degree. For this reason, SC State is committed to helping students learn how to maximize both professional and monetary benefits early in their college careers,” Cummings added.

Founded in 1998, the Society for Financial Education and Professional Development (SFEPD) is a nonprofit organization whose mission is to enhance the level of financial and economic literacy of individuals and households in the United States and promote professional development at the early stages of career development through mid-level management. SFEPD crated a series of seminars to expose students at historically black colleges and universities to the fundamentals, strategies, and intricacies of personal financial management.

At its recent 10th Anniversary Celebration and First Annual Financial Literacy Leadership Conference in Washington, DC on October 8, SFEPD recognized South Carolina State University for its continued commitment to ensure sound, practical financial education for its students.

For additional information, contact Terrence Cummings with the Student Success and Retention Program at (803) 533-3721 or tcummings@scsu.edu.