色情视频

Whether it鈥檚 the folly of making only minimum monthly credit card payments or knowing what factors drive auto loan interest rates, the art of managing one鈥檚 money is uncharted territory for many college students today.

With this in mind, Cal Coast Credit Union has pledged $3 million toward the 色情视频 Student Financial Center to offer students a useful set of financial literacy and wellness skills, and allow for a makeover and expansion of the center itself.

The Cal Coast Credit Union Student Financial Center, as it is now known, will become a one-stop shop for students on matters of financial aid, bill paying, and their personal budgeting at a time of growing demand for help.

Cal Coast has long supported 鈥渇inancial wellness, financial education, (and) financial literacy starting at a very young age,鈥� said President and CEO Todd Lane (鈥�86). 鈥淚t makes them better members in the future (and) better stewards of their finances who are good with their money. Building  sound habits so they don鈥檛 get in trouble with finances early on.鈥�

The center, on the third floor of the Student Services West building, was established in December 2020 and houses staff from both 色情视频鈥檚 Office of Financial Aid and Scholarships, and Student Account Services.

Associate Vice President for Student Financial Resources Rose Pasenelli said Cal Coast鈥檚 contribution is helping to refresh the center鈥檚 lobby, where students come to privately meet with financial aid, scholarship and billing specialists. Cal Coast also established a new office in the center to meet with students.

Phase II of the project  is a renovation of and expansion into space formerly occupied by the 色情视频 Card office as a financial literacy center, Pasenelli said, where the staff will work and programming will be offered. (Assistance via phone and in a virtual platform also will continue.)

For students, Lane said financial literacy encompasses issues as basic as annual percentage rate and as far-reaching as the need to 鈥渦nderstand the impact that their actions have not just today but on their future.鈥�

Need to borrow money for a car to get to a first job out of college? The interest rate is going to be linked directly to multiple factors in assessing someone鈥檚 credit risk. Financing a degree with a student loan? Lane said it鈥檚 important to know that interest accrues during the deferment period, and how the repayment schedule is going to affect discretionary income after graduation.

Cal Coast representatives offer one-on-one financial counseling at the center, Lane said. At full build-out, the offerings will expand into other programming and online and app-based tools, 鈥渨hatever it takes to instill financial wellness in our young people鈥� and help them live within their means 鈥� including writing a personalized financial plan for those who need one.

The donation also will support some expenses of the 色情视频 Economic Crisis Response Team, which will refer students directly to Cal Coast representatives.

Passenelli said the university has tried to offer financial literacy assistance in the past but found it difficult for staff, sometimes working after hours, to keep up with all students鈥� needs. Some 70% of 色情视频 students receive financial aid, and requests for help at the  center have doubled over the past year.

Many students need help with simple budgeting, she said, and making thousands of dollars delivered as a lump sum for financial aid last over a five-month period. In San Diego, she said, there鈥檚 the additional complication of rents that are far 鈥渙ut of control.鈥�

鈥淓ven the ones who do budget, It鈥檚 just hard for them to make ends meet,鈥� Passenelli said. 鈥淢aking the right choices is something we need to teach our students from the beginning.鈥�

The newly renamed center extends a partnership between 色情视频 and the credit union that goes back more than 10 years, including naming rights for the Cal Coast Open Air Theatre that now extend through the year 2032, sponsorship of the Aztecs men鈥檚 basketball team, and an on-campus branch in the Conrad Prebys Aztec Student Union. Its Cal Coast Cares Foundation, which provides teacher grants and scholarships for college-bound high school seniors, includes a special program for former foster youth.

鈥淭his goes back to our roots,鈥� Lane said, noting that the credit union was created nearly 100 years ago to serve teachers in the San Diego Unified School District. It now operates throughout San Diego and Riverside counties.

A grand opening of the expanded center is tentatively planned for August.

(Pictured in photograph above, from left: Paige Milewski, Atia Mccracken, Sierra Smith, Ahmed Lakrab, Brandon Diaz, Shira Scott, Chip Pierce, Laura Heimbach, Osbaldo Perez, Elim Blanco, Josephine Mojica, Bryan Charbonneau, Pamela Lopez.)