HEFWA Research Brief - October 2023 - Online Financial Education Modules within Financial Wellness Programs in Higher Education

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Date

2023-10-01

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Higher Education Financial Wellness Alliance (HEFWA)

Abstract

This brief outlines how many institutions of higher education facilitate financial wellness programs that include online financial education modules or courses. Results suggest only 78% of programs include an online component, with nearly 50% of these online components being provided by third-party vendors. There were also large discrepancies regarding student participation, as one institution reported 5,000 students participating in the online component, whereas another institution reported only 6 students.

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Keywords

higher education, financial wellness, HEFWA, online education, online classes, finances, financial literacy

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Type

Technical Report