NAC&U has awarded a Collaboration, Growth, and Innovation (CGI) grant to Amira Annabi, assistant professor of economics and finance, and Aileen Lowry-Farrelly, assistant dean and accounting faculty at the O’Malley School of Business at Manhattan College, Riverdale, N.Y., to collaborate on a financial literacy project with Ryan Decker, assistant professor of economics and finance and director of the Center for Financial Literacy at North Central College, Naperville, Ill.
North Central College established its Center for Financial Literacy last year to serve its students and the greater community. Manhattan College would like to explore the feasibility of establishing a similar center at its campus. The grant will allow them to share ideas, concepts, and best practices around establishing and operating a Center for Financial Literacy.
“We believe our school’s location, near one of the poorest Congressional districts in America, along with its LaSallian mission, makes it an ideal candidate for a financial literacy center, designed to serve not only its students, but also the surrounding underserved community,” said Annabi.
In addition to establishing a Center for Financial Literacy the co-PIs hope to create an online platform with financial literacy resources that will benefit both of their communities and potentially lead to additional financial literacy projects among other NAC&U institutions.
“Improving financial literacy for both on-campus populations and the greater community is aligned with NAC&U’s mission of higher education as a service to society,” said Sean Creighton, president, NAC&U. “We’re happy to support a collaboration that has the potential to be shared across our consortium and bring value to all of our members and their communities.”
The NAC&U Faculty Ambassadors constituency group created the CGI grant program to facilitate cross-institutional collaborative projects among NAC&U members by providing seed money to plan projects that improve or promote teaching, service, research, or scholarship. The 2019 CGI grant review committee includes Beth Harville, provost, Drury University; Stuart Sidle, associate provost, University of New Haven; Keith Koster, associate professor of Music, Nazareth College; Bradley Wile, associate professor of Chemistry, Ohio Northern University; and Jeannetta Williams, professor of psychology, St. Edward’s University.