OU Launches Financial Education Program for Incoming Students
FOR IMMEDIATE RELEASE
NORMAN – To help incoming students better understand their personal financial activities and needs, the University of Oklahoma has announced an innovative, personalized financial education program called MoneyCoach. In collaboration with MidFirst Bank, the program has been designed to help students build lifelong money management skills.
“We are deeply committed to ensuring that a quality college education is accessible to and affordable for all,” said OU President David L. Boren. “We have kept OU tuition among the very lowest in the Big 12. This important service and educational resource for students and families is yet another way that OU is serving as a model for American higher education.”
Paying for college is broadly understood to be a challenge for students and families. Accordingly, governments, individuals, organizations and foundations are often introducing new programs to address this challenge. MoneyCoach aims to help all students, including first-generation college students and families who may not be familiar with the vast array of strategies available to pay for college, develop a financial plan and explore opportunities.
Through the program, each incoming student will be paired with a personal MoneyCoach to help them and their families understand the costs associated with their education at OU and develop a plan to cover those expenses.
“MidFirst Bank has a rich tradition of providing financial education and resources to the communities it serves. We are excited about the opportunity to work with OU and its MoneyCoach program and look forward to contributing to the positive influence this will have on the lives of OU students,” said Leigh Singleton, director of financial education at MidFirst Bank.
To prepare for a meeting with their MoneyCoach, students are able to use the new web-based Financial Success Plan app, developed by OU in collaboration with Norman-based technology company NextThought LLC. The app allows students to calculate scholarships, grants, financial support from family, work income and other forms of financial support available for covering college expenses.
In addition to the personalized, one-to-one coaching, financial education workshops will be available that will complement counseling and other financial resources available through the program. Throughout their time at OU, students can reach out to their MoneyCoach for assistance with money management issues that may arise.
OU to Hire Additional Clinical Psychologist
NORMAN—University of Oklahoma President David L. Boren announced Friday that adequate funding would be allocated to hire an additional psychologist at the University Counseling Center in order to further support mental health services for students and alleviate wait times. Read more
OU Radar Team Developing New Technologies for U.S. Navy Next-Generation Radar Systems
NORMAN –A University of Oklahoma Advanced Radar Research Center team is developing new antenna and related technologies for U.S. Navy next-generation radar systems with a two-year, $3.5 million grant from the U.S. Department of Defense, Office of Naval Research. The ARRC research and development program under way is designed to improve the agility and multi-functionality of radio frequency sensors and communication systems, while enabling future implementation on a variety of surfaces and platforms. Read more
OU Faculty Member Appointed Chair of International Astronomical Union Working Group
NORMAN –A University of Oklahoma professor, Steven Gullberg, has been appointed world chair for archeoastronomy by the International Astronomical Union. As chair, Gullberg will work with 31 nations to further the research and global advancement of archeoastronomy and astronomy in culture. Read more
OU Math Professors to Research Active Learning in Undergraduate Math Education
NORMAN –A University of Oklahoma mathematics professor, Milos Savic, has received a two-year, $93,298 grant from the Association of Public and Land-grant Universities to help undergraduate students pursuing science, technology, engineering and mathematics degrees succeed in introductory math courses. Savic and team will use the grant to improve and assess a recently-developed active learning pre-calculus course taught to 1,000 OU students each year. Read more