Campus Legacy Institute for Financial Education strives to educate students in financial literacy and investments in entrepreneurship in SFA’s first financial organization on campus.
Geared towards SFA’s black community but open to the public, Campus LIFE hopes to engage students and teach them ways to be financially smart, as well as prepare them for the professional world after college.
Campus LIFE meets every Tuesday at 6 p.m. in the Ladyjacks room 2.404 in the Baker Pattillo Student Center.
Founded this September, Campus LIFE has become the first organization at SFA that focuses on financial literacy, causing the students involved to be a part of something groundbreaking.
“I feel like we just set a stone at SFA,” Vice President Brandon Dade, senior business major from Hampton, Virginia, said. “If we set the tone here now and lead it on further years to come when we come back, I want to be very proud of this organization.”
While the meetings are open to the SFA community, the target audience for Campus LIFE is SFA’s African American community.
“We’re targeting more [toward] black SFA because black people possess the lowest wealth in America, but the organization is still open toward everybody,” President Robin Branch, junior social work major from Houston said. “Teaching financial literacy to the black community is a great way for us to uplift ourselves and to uplift the black community.”
A lack of knowledge regarding financial literacy and a need to fill that gap is what sparked the organization to come to life.
“In this generation, we do lack that education about financial literacy and it's definitely a gap that does need to be closed," Campus LIFE Business Coordinator and senior political science major, Jeffrey Agouna, from Dallas, said.
“So, who else is going to make that change, learn about it, teach others and, hopefully, pass it on to generations to come?”
The topics that are taught within the meetings tackle subjects many students might not be familiar with, such as what to do with refund money, how to manage bank accounts and how to develop a good credit score, among many other topics.
“Different topics like budgeting, how to take out a loan, learning about mortgages are things that we’re definitely going to get into after we get into the professional world,” Agouna said.
Dade added to the idea of holding a class outside of the traditional classroom, stating that the purpose of the meetings was to give out lessons to students who attend.
“I believe some of the stuff is being missed throughout lectures in the classroom, so that’s what we give guidance on," Dade said.
Speaking from a personal place relatable to all students, Committee Coordinator for Public Relations and senior mass communications and Spanish double major, Nia Brooks, from Atlanta, Georgia, said that while she was urged by her family to go to college, the unexpected financial burdens are what encouraged her to be a part of Campus LIFE.
“Our parents talked about college, pushed us to want to go to college so bad, but even they hadn’t saved anything for us or set us up in a way where we would understand all of what college entailed, especially dealing with financial aid and loans,” Brooks said.
“It’s really important for us to have these conversations and have a want to be better.” If any students are interested in getting involved with or being a part of Campus LIFE, they can attend a meeting and express their interest to any of the current members of the organization.