Fairmont State receives $7,000 grant to increase financial literacy

FAIRMONT, WV (LOOTPRESS) – Fairmont State University announced on Monday that the institution’s Fairmont State Foundation non-profit organization has been awarded a $7,000 grant from Truist West Virginia Foundation in support of a planned series of seminars to promote financial literacy among students and staff at Fairmont State University, as well as the community as a whole.

Funded through the grant will be seminars broaching areas such as credit cards, housing loans, banking, leases, tax preparation, budgeting, health and financial benefits, insurance selection, and more. Through the project, the university hopes to equip those who participate and encourage stronger and more informed financial decision-making.

“The Truist West Virginia Foundation continues to demonstrate their enduring commitment to preparing for the future of Fairmont State University and our state while also working to improve our present,” said Fairmont State Foundation President, Anne Bolyard. “These seminars will have a positive effect on the lives of our students, our university, as well as our communities.”

Organized by Fairmont’s Office of Financial Aid and the College of Business & Aviation, the seminars will seek to expand current programming in relation to financial literacy. Data and feedback from the seminars will be collected and will go toward the refinement and improvement of the growing program.

“Financial literacy is a key focus area of the Truist West Virginia Foundation. All people and communities should have an equal opportunity to thrive,” said Truist West Virginia Foundation Executive Director, Courtney Pack. “Through our partnership with innovative organizations like Fairmont State Foundation, and a refined focus on supporting key areas, the communities we serve have a chance for a better quality of life.

The Truist West Virginia Foundation is pleased to support this financial literacy initiative. We believe the Truist West Virginia Foundation contribution to Fairmont State Foundation will help make a difference in the lives of many.”