GE Capital Retail Bank has awarded $16,500 to 41 teachers for scholarships to enhance the financial literacy of students in a 15-county area. The donation was presented by a GE Capital Retail Bank representative during a ceremony Tuesday, April 16, at the Raj Soin College of Business.
The majority of the recipients are teachers from low- to moderate-income school districts who are completing a graduate-level economics course through the Wright State University Raj Soin College of Business Center for Economic Education and Financial Literacy. The center offers a comprehensive financial literacy program developed for K–12 teachers and students to meet learning outcomes established by the Ohio Department of Education.
“GE Capital Retail Bank is excited about the opportunity to work together with Wright State University. The scholarships will empower teachers to educate students about important money management skills that will last a lifetime,” said Nancy Slezak, community relations manager for GE Capital Retail Bank. “The lessons taught will help equip students with the knowledge they need to stay in control of their finances and succeed in life after high school. We are proud to be part of this initiative.”
Joanne Li, Ph.D., CFA, dean of the Raj Soin College of Business, said, “We are truly appreciative of the donation from GE Capital Retail Bank. This is an excellent example of our committed stakeholders in the business community to help finance and develop programs that benefit students and residents of the entire region.”
Teachers completing the course will come away with teaching resources for their students and understanding of the history of credit, credit reports and credit scores, credit scams and fraud, and the importance of managing credit wisely.
“The financial support from GE Capital Retail Bank has been crucial in helping area teachers hone their financial literacy teaching capacity, especially as schools districts and individual teachers have faced increasing budget challenges,” according to D. R. Fannin, director of the Center for Economic Education and Financial Literacy.
To learn more about GE Capital: https://www.gogecapital.com/en/consumer-credit-financing/index.html
To learn about the Center for Economic Education and Financial Literacy: www.wright.edu/cee.
To learn about Wright State University’s Raj Soin College of Business: www.wright.edu/business/