The key goal for this program is to promote economic justice by increasing access to financial wellness for first generation college students as well as students from minoritized backgrounds.
The Financial Wellness cohort program will teach students basic financial wellness skills such as budgeting, and one-on-one financial coaching sessions. The program will also provide on-going budget consultation support to the participants. At the completion of the program, students will be able to apply their knowledge of financial wellness strategies to everyday life situations. The student participants will also earn up to a $200 book scholarship.
The Financial Wellness Cohort is a collaboration with the Center for Equity and Inclusion, Office of Student Financial Aid, Office of Student Advocacy and Support, and Sound Outreach.
Who can apply?
The Financial Wellness cohort program is open to UW Tacoma first generation college students as well as students from minoritized backgrounds who are interested in learning about financial wellness resources.
The students can apply for the Autumn, Winter, and Spring cohort.
Benefits of Financial Wellness cohort:
Access to one-on-one financial coaches
Acquire tools to become a life-long learner as it relates to personal finance, budgeting, credit, and more.
Book scholarship up to $200
Financial Wellness Cohort Requirements
Financial Fears Session
In this session we will discuss common financial fears and how to overcome them. We will talk about our personal money fears, the importance of financial vulnerability, and how to take action.
Common Financial Fears:
Paying for college
Low credit score
No money in my bank acocunt
I'll never dig out of debt
Wednesday, January 26th | 12:30 p.m. - 1:30 p.m.
*You have to attend the Financial Fears Session to fulfill the one of the requirements.
Small Group Sessions
Here are the details about our small group sessions coming up!
*You only have to attend one to fulfill the requirement, but I recommend you attend as many as you can that you feel apply to you, to gain the most for your understanding about financial wellness.
Informative sessions that provide insight for college students to increase awareness about specific financial wellness topics.
Smart Borrowing - Student Loans
Wednesday, May 4th I 12:30 p.m. - 1:20 p.m. | Speaker: Office of Financial Aid
Wednesday, May 11th I 12:30 p.m. - 1:20 p.m. | Speaker: Brandon Lang
Monday, May 16th l 12:30 p.m. - 1:20 p.m. | Speakers: Brandon Lang and Levi Merchant, accredited advisors from Sound Outreach
Wednesday, May 25th l 12:30 p.m. - 1:20 p.m. | Speakers: Brandon Lang and Levi Merchant, accredited advisors from Sound Outreach
Tuesday, April 26th| 12:30 p.m. - 1:20 p.m.
An informative beginner's overview of budgeting that students can apply to their lives.
In this session, you will learn:
Why we budget?
What makes it important
Go over a budget example on a spreadsheet.
*The budgeting workshop is going to be recorded.
Complete a written or video Feedback/Reflection
Deadline by Friday, June 3rd
Resources on Financial Wellness
Office of Financial Aid & Scholarships
The University of Washington Tacoma offers a variety of scholarships for students. Some are based on merit; others require applicants to demonstrate evidence of financial need, many are a combination of both need and merit. Students who wish to demonstrate financial need must submit a Free Application for Federal Student Aid (FAFSA) by January 15.
Most scholarships are offered to begin in the autumn quarter and have deadlines about six months before the autumn quarter. Start your search early, at least 12 months prior to needing the funds. You do not need to wait until you are admitted to apply for most scholarships.
Fellowships are competitive, merit-based scholarships that provide financial support for undergraduate or graduate study, research, social justice or public service work, international travel, and graduate school. They can range from short, quarter-long opportunities to multiple years of funding. Applying for a fellowship takes time, effort, and dedication, and offers a great opportunity for personal reflection. Watch the video tutorial on the right to learn more.
Check Out These Scholarship and Fellowship Resources & Links:
The eligibility requirements for these scholarships, including residency, may vary. Please contact the respective unit for additional information. If your academic department is not listed, please check with that department directly for scholarship information.