Financial Resource Center Opens for Students

Dec. 12, 2014

Financial Resource Center Opens for Students

ST. LOUIS (DEC. 12, 2014) - Webster University today opened a Financial Resource Center to give students tools to better manage their finances. The center is located in the lobby of Loretto Hall outside of the Academic Resource Center.

The center, which is managed by Webster University’s Money Talks Program, was funded through a grant from the Missouri Department of Higher Education. A grand opening of the center was held this morning.

President Elizabeth (Beth) J. Stroble officially opened the center with a ribbon cutting. The event was attended by approximately 75 students, faculty and staff members and the Gorlok.

The center is a desk in the lobby of Loretto Hall with three computers.

“The computers are loaded with info on financial planning, scholarships, grants, and pre-set links to other financial resources to make it easier for our students to see all the resources available to them,” said Justin Barton, assistant director of First Year Experience Programs. “Members of the Financial Aid Student Team (FAST) will be available at the center to help students with additional information and to assist them with using the programs on the computers.”

“We are constantly reviewing our programs to find ways to improve our customer services,” said James Myers, associate vice president of undergraduate admissions and financial aid. “We believe this center will make the financial aid process much more convenient for students.”

Webster University has been recognized as a university that offers comprehensive financial aid to its students. This year, U.S. News & World Report recognized Webster for its economic diversity among its student body. According to the ranking service, nearly 75 percent of all students receive some form of financial assistance and over a third of undergraduates receive Pell grants. The average overall financial award to a student at Webster is more than $13,000 per year, according to U.S. News & World Report.

The University also offers other resources to students, such as The Money Talks Program. That program is a series of 60-minute instructional seminars with an accompanying online course, The seminars and the online course teach a range of concepts on topics such as managing credit, saving and investing, building spending plans, employee compensation, and how to pay for college costs. In addition, students who attend the events or view the recordings online along with completing the online activities will be entered into a $300 book scholarship drawing in fall and spring semesters.

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