HEFWA Research Brief - May 2023 - Financial Wellness Program Financing and Budgets
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Higher Education Financial Wellness Alliance (HEFWA)
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Abstract
This brief outlines how 78 financial wellness programs are financed, what their budgets are, and how these budgets are allocated. Results suggest that several financial wellness programs are unfunded and may operate on a volunteer basis. Moreover, of programs that do have budgets, budgets vary wildly, with some budgets below $1,000 and some near $400,000.
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HEFWA Research Briefs;7
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higher education, financial wellness, financial literacy, HEFWA, finances, budget, program budget
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Technical Report