Academic program launches to empower Central Indiana youth & adults with monetary information
INDIANAPOLIS, Might 19, 2022 /PRNewswire/ — OneAmerica® right now introduced a $1 million dedication to activate a uniquely tailor-made monetary literacy program in Central Indiana. In collaboration with The American Faculty of Monetary Companies, this system will provide sensible monetary understanding to construct a private relationship with finance and drive financial empowerment, with a give attention to narrowing the racial wealth hole.
OneAmerica brand (PRNewsfoto/OneAmerica)
The progressive program, to be funded over a five-year interval, is a state-of-the-art training and empowerment expertise that teaches necessary private finance ideas. Using The American Faculty of Monetary Companies’ e-learning design and supply philosophy and constructing upon The Faculty’s monetary wellness curriculum initially created for Traditionally Black Faculties and Universities (HBCUs), the Indiana program will develop right into a extra regional mannequin. The OneAmerica funding will now assist ship this system to training establishments and nonprofits in Central Indiana.
OneAmerica, The American Faculty, Martin College, Ivy Tech Neighborhood Faculty and different nonprofit organizations, together with the Indianapolis City League, will collaborate to ship the academic alternative to the Central Indiana group starting in August 2022.
“Constructing on the passion we’ve got seen with our OneAmerica Pathways college students to delve deeper into understanding private finance, we view this program as a possibility to offer an necessary monetary training useful resource – one that may set up a basis for financial empowerment and wealth constructing,” mentioned OneAmerica Chairman, President and CEO Scott Davison. “OneAmerica has an absolute dedication to impacts and outcomes and we’re desirous to work with native nonprofit organizations to ship a program that creates a available path to monetary training in Central Indiana.”
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Developed by The American Faculty, the research-based program is designed to satisfy folks the place they’re, permit for self-pacing and development with studying modules, and supply the instruments and confidence to develop robust monetary habits. Already working with Martin College and Ivy Tech to tailor this system, the content material will proceed to evolve to satisfy the precise wants and pursuits of Central Indiana residents.
“Monetary wellness is a private journey. The Faculty promised to construct upon the success of our program in HBCUs with the precise companions dedicated to affect and outcomes of their communities,”
mentioned The American Faculty President and CEO George Nichols III. “OneAmerica has demonstrated not solely their dedication to important considering, however extra importantly to activating important alternatives which open doorways with actual world software. Extra companions translate to deeper affect on narrowing the racial wealth hole via monetary wellbeing training and empowerment. It is a very promising subsequent step.”
This system might be supplied with out value to the contributors.
Dr. Sean L. Huddleston, Martin College president, and Leon Jackson, Ph.D., chancellor of Marian College’s Saint Joseph’s Faculty, in addition to a number of different group organizations joined Davison and Nichols for the announcement.
“That is an incredible step to having the ability to create generational wealth with the communities that deserve it essentially the most,” mentioned Huddleston. “We have got a course that is a part of our core curriculum known as Scholar Success. We additionally need to be sure that our alums have a possibility to make the most of this partnership and the data.”
“St. Joseph’s Faculty employs an ‘Earn and Study’ mannequin, the place every pupil is each working and pursing an affiliate diploma. This program will function a complement to our private finance course, which is a required class at St. Joseph’s, as it’s in any respect Marian Campuses,” mentioned Jackson. “This ‘Earn and Study’ mannequin employed by St. Joseph’s Faculty permits college students to earn a wage that removes the need of pupil loans, in order that they could understand a future that isn’t weighed down by pupil debt. This partnership goes a protracted method to assist our efforts.”
Davison has been on the forefront of serious native and nationwide efforts to enhance alternatives for underserved communities. Right now’s announcement comes on the heels of the current dedication of the American Council for Life Insurers (ACLI) to Impression Investing to increase inexpensive housing, using their substantial capital belongings for long-term bonds and investments. OneAmerica can also be nearing the beginning of its fourth 12 months for its award-winning Pathways Program, introducing highschool college students from choose Indianapolis ZIP codes to the work of monetary companies and profession alternatives. As a board member for the Central Indiana Company Partnership, Davison can also be engaged as a committee chairman for Enterprise Fairness Indianapolis (BEI), assembly with native African American companies and group organizations to drive higher enterprise outcomes.
Nichols and Davison have collaborated to activate further alternatives to Black and brown communities. Whereas Davison served as chairman of The Faculty’s Board of Trustees, he helped assist a number of new initiatives of the American Faculty, together with the launch of a Middle of Financial Empowerment and the expansion of the Convention for African American Monetary Professionals.
Nichols stays a revered and sought-after voice within the monetary companies group, as a 30-year business veteran and an outspoken driver for financial equality all through his profession, and extra not too long ago with The American Faculty’s current initiatives and improvements.
CONTACT:
Lou Ann Baker
Director of Media and Public Relations, OneAmerica
317.513.1284
louann.baker@oneamerica.com
OneAmerica is the advertising identify for the businesses of OneAmerica.
About OneAmerica
A nationwide supplier of insurance coverage and monetary companies for greater than 140 years, the businesses of OneAmerica assist prospects construct and shield their monetary futures. OneAmerica affords quite a lot of services and products to serve the monetary wants of their policyholders and prospects. These merchandise embody retirement plan merchandise and recordkeeping companies, particular person life insurance coverage, annuities, asset-based long-term care options and worker profit plan merchandise. Merchandise are issued and underwritten by the businesses of OneAmerica and distributed via a nationwide community of workers, brokers, brokers and different sources who’re dedicated to offering worth to our prospects. To be taught extra about our merchandise, companies and the businesses of OneAmerica, go to oneamerica.com/about-us/companies-of-OneAmerica.
About The American Faculty of Monetary Companies
The American Faculty of Monetary Companies was based in 1927 and is the nation’s largest nonprofit instructional establishment dedicated to monetary companies. Holding the best degree of educational accreditation, The Faculty has educated one in 5 monetary advisors throughout america and affords two graduate diploma applications, together with prestigious monetary planning designations such because the Retirement Earnings Licensed Skilled® (RICP®), Chartered Life Underwriter® (CLU®), Wealth Administration Licensed Skilled® (WMCP®), Chartered Advisor in Philanthropy® (CAP®), Chartered Particular Wants Advisor® (ChSNC®), Chartered Monetary Advisor® (ChFC®), and training resulting in the Licensed Monetary Planner™ (CFP®) certification. The Faculty’s school represents a few of the foremost thought leaders within the monetary companies occupation. Go to TheAmericanCollege.edu and join with us on LinkedIn, Fb, Twitter, Instagram and YouTube.
“OneAmerica Commits $1 Million Towards Monetary Literacy.” From Might 16, 2022 press convention in Indianapolis, Indiana. In picture (L to R): Tony Mason, President and CEO, Indianapolis City League; Scott Davison, Chairman, President and CEO, OneAmerica; George Nichols III, President and CEO The American Faculty of Monetary Companies; Dr. Sean L. Huddleston, President, Martin College; and Leon Jackson, Ph.D., chancellor of Marian College’s Saint Joseph’s Faculty. Photograph credit score: OneAmerica (PRNewsfoto/OneAmerica)
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