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Northern Illinois University brings Financial Cents to Naperville

Student-run Financial Cents to provide Money Smart Week financial literacy program at NIU-Naperville April 26

DEKALB — Northern Illinois University-Naperville will host the NIU Financial Cents presentation entitled Empowering Financial Independence as part of the Federal Reserve Bank’s Money Smart Week from 7-8:30 p.m. on Thursday, April 26.

“Money Smart Week is an excellent opportunity to provide free and valuable information to students and families throughout NIU’s service region,” says Anne Kaplan, vice president for university outreach. “We strive to deliver academic and professional development programs both online and at convenient locations across the region, and Money Smart Week is an excellent example of how we work with local partners to provide these valuable services to the community.”

Part of NIU’s Office of Student Academic Success, Financial Cents peer educators assist with understanding the importance of financial planning and money management during the college years and beyond.

“Money Smart Week is our biggest outreach program to date,” says peer educator Thurston Booth (Naperville, Ill./Central), who will graduate in the spring with a Master of Accounting Science degree from NIU’s College of Business. “We try to inform people on financial hardships they could face if they don’t manage their budget, manage their credit cards and manage their FICO scores. We show them how to do that.”

“We teach basic concepts about how to manage money,” explains law student and peer educator Nick Plattos (Yorkville, Ill.). “It’s important to understand your credit and that you shouldn’t just apply for credit cards so you can get a free t-shirt. You should apply for credit with an eye on building towards the future.”

“The Office of Student Academic Success is excited to collaborate with University Outreach to provide these free financial literacy events during Money Smart Week to residents in the region,” adds Dana Gautcher, director of the Office of Student Academic Success. “The sessions are open to the public to anyone who may benefit from the programs.”

A complete schedule of NIU Money Smart Week events is listed below. More information regarding NIU’s Money Smart Week participation may be found at www.niu.edu/financialcents/Money%20Smart%20Week.shtml.

4/23 6 p.m. – 7:30 p.m. The Impact of a Presidential Election on Your Tax Bill, NIU-Rockford, 8500 East State Street, Rockford
(815) 227-0300

4/25 10 a.m. – 11:30 a.m. Estate Planning Update: A Blueprint for the Distribution of Your Assets, NIU-Rockford, 8500 East State Street, Rockford(815) 227-0300

4/25 7 p.m. – 8:30 p.m.Financial Cents: Empowering financial independence, NIU-Hoffman Estates, 5555 Trillium Blvd, Hoffman Estates(815) 753-5002

4/26 7 p.m. – 8:30 p.m. Financial Cents: Empowering financial independence, NIU-Naperville, 1120 E Diehl Rd., Naperville
(815) 753-5002

4/27 9 a.m. – 11 a.m. FAFSA Friday – Free Application for Federal Student Aid completion eventStudent Financial Aid Office, Swen Parson Hall, NIU-DeKalb, 1425 West Lincoln Hwy, DeKalb (815) 753-1395

4/27 10 a.m. – 11:30 a.m. Addressing the Growing Retirement Concerns of Baby Boomers, NIU-Rockford, 8500 East State Street, Rockford (815) 227-0300

4/27 2:30 p.m. – 4 p.m. Financial Cents: Empowering financial independence + Financial Literacy Rap SessionStudent Financial Aid Office, Swen Parson Hall, NIU-DeKalb, 1425 West Lincoln Hwy, DeKalb(815) 753-5002

About Northern Illinois University: Chartered in 1895, Northern Illinois University is a comprehensive, world-class teaching and research institution with a diverse and international student body of approximately 23,000. It’s main DeKalb campus is located in the vibrant research and development corridor that lies between Chicago and Rockford. NIU provides more than 60 undergraduate majors and 100 graduate- and doctoral- level programs in seven colleges. The university also operates education centers in Chicago, Naperville, Oregon, Rockford and Hoffman Estates—recognized as the state’s top conference center—to offer NIU programs at convenient times and locations for those in its most vital service areas.

About Financial Cents: NIU Financial Cents is a comprehensive financial literacy program aimed at increasing student financial awareness and knowledge. Financial Cents covers a wide variety of financial issues and education through programming, workshops, informational booths, campus referrals, community involvement, and an educational and interactive website. The goal of Financial Cents is to provide students with resources and education to enable them to make informed financial decisions with the understanding that the choices they make today affect their financial future. For more information, visit www.niu.edu/financialcents.

About Money Smart Week: Coordinated by the Federal Reserve Bank of Chicago, Money Smart Week is designed to educate consumers about money management as well as generate awareness of financial education programs on topics such as saving, using credit wisely, and financial education for youth. Currently, Money Smart Week events are held annually in Illinois, Michigan, Indiana, Wisconsin and Iowa, with each offering hundreds of classes and seminars. For more information, visit www.moneysmartweek.org.

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