What Financial Wellness Resources Are Included In Financial Wellness Websites In Higher Education?
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Date
2024-12-02
Journal Title
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Publisher
Higher Education Financial Wellness Alliance (HEFWA)
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Abstract
In the past two decades, both technology and financial wellness programming has changed the landscape of higher education in the United States. As financial wellness continues to grow as a student service in higher education (Taylor & Ray, 2023), it is critical to understand what financial wellness resources are being made available on institutional (.edu) websites.
At the 2024 HEFWA Summit in Pittsburgh, PA, the HEFWA Research Committee first presented on financial wellness websites in higher education (Ray et al., 2024). In September 2024, the HEFWA Research Committee published its first brief on financial wellness websites in higher education (Taylor et al., 2024a), followed shortly thereafter by a webinar in November 2024 focused on financial wellness websites in higher education (Taylor et al., 2024b). This brief and webinar reported data on how many institutions published financial wellness content and resources on a webpage within their .edu institutional website, in addition to many examples and exemplars in the field.
This brief focuses specifically on the resources included on financial wellness websites in higher education. It is important to note that the data contained in this brief does not report on programmatic information--this brief and the HEFWA Research Committee project on financial wellness websites in higher education focuses specifically on what financial wellness information is being published by institutions somewhere on their .edu website. As a result, just because an institution publishes a financial wellness resource (ex: an external link to an online budgeting tool or the FAFSA), it does not mean that institution has a fully-staffed financial wellness program.
Description
In the past two decades, both technology and financial wellness programming has changed the landscape of higher education in the United States. As financial wellness continues to grow as a student service in higher education (Taylor & Ray, 2023), it is critical to understand what financial wellness resources are being made available on institutional (.edu) websites.
At the 2024 HEFWA Summit in Pittsburgh, PA, the HEFWA Research Committee first presented on financial wellness websites in higher education (Ray et al., 2024). In September 2024, the HEFWA Research Committee published its first brief on financial wellness websites in higher education (Taylor et al., 2024a), followed shortly thereafter by a webinar in November 2024 focused on financial wellness websites in higher education (Taylor et al., 2024b). This brief and webinar reported data on how many institutions published financial wellness content and resources on a webpage within their .edu institutional website, in addition to many examples and exemplars in the field.
This brief focuses specifically on the resources included on financial wellness websites in higher education. It is important to note that the data contained in this brief does not report on programmatic information--this brief and the HEFWA Research Committee project on financial wellness websites in higher education focuses specifically on what financial wellness information is being published by institutions somewhere on their .edu website. As a result, just because an institution publishes a financial wellness resource (ex: an external link to an online budgeting tool or the FAFSA), it does not mean that institution has a fully-staffed financial wellness program.
Keywords
higher education, financial wellness, financial literacy, HEFWA, websites, technology, college students, personal finance, financial education, educational software, chatbot, chatbots
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Type
Technical Report