From lower tuition costs to comprehensive resources, Middlesex Community College is committed to helping students with their financial wellness. To bring awareness to the topic, Middlesex will hold a Financial Wellness Day Fair from 11 a.m. to 1 p.m. on Thursday, April 10 in the Lowell Campus Cowan Center Cafeteria.
“It is truly an honor to host this annual event, which brings together community partners who generously share their expertise and resources with our students,” said Serrahtani Parrish, MCC’s Financial Wellness Coach. “In today’s economic climate – where inflation continues to affect household budgets – having a strong grasp of one’s own personal finance is crucial. Acquiring skills in budgeting, investment strategies and debt management can significantly help students navigate these challenges and maintain financial stability.”
Over 70 percent of college students worry about their finances and how they are going to pay for college, books and other costs, according to Parrish. To help students develop a better understanding of their finances, as well as build strong financial habits, MCC offers hands-on, engaging activities centered on financial wellness.
During the Financial Wellness Day event, students will receive financial advice, get connected with community resources, and have opportunities to network with classmates and local organizations.
The goal of MCC’s Financial Wellness program is to provide students and alumni with coaching in personal finances, knowledge of higher education financing and repayment, and positive financial behaviors, such as budgeting, savings and reducing debt.
In addition to one-on-one coaching, MCC will host workshop series and pop-up, informational events for students to talk to peer mentors, as well as community partners from local banks, credit unions and organizations.
MCC’s Financial Wellness program is part of the college’s Success Scholars Program, which supports Asian American, Black, African American, Latinx and LGBTQ+ students with academic advising, career preparedness, accessing resources and student support services throughout MCC, and how to be a successful college student.
All MCC students are invited to attend the Financial Wellness Day Fair.
“The Financial Wellness Day Fair is created to allow students the opportunity to find a variety of resources they can use to help them strengthen their financial knowledge and reach their financial goals,” Parrish said. “Financial Wellness is an essential part of a student’s overall well-being and future health.”