Financial Literacy Outcomes

1. List the existing projects, partnerships and/or resources from among the campus/community for this area of focus that were identified before your Town Hall meeting.
OCSL at CSUSM community partner in financial literacy is North County Lifeline.

2. List the existing projects, partnerships and/or resources from among the campus/community for this area of focus that were identified during your Town Hall meeting.

Community Housing Works provides a financial fitness program including a home ownership center and foreclosure intervention center.
Faith Based Credit Union provides a financial literacy curriculum that focuses on credit rebuilding and home buyer education.
Camp Pendleton has a financial literacy program.
Various agencies provide VITA tax preparation.

3. List the projects, partnerships and/or resources that were developed as a result of your Town Hall meeting.
See next steps (Question number 6).

4. What did the Town Hall reveal as your greatest asset (or two) in this area?

There are many agencies that provide financial literacy courses.
Students in the community service learning programs are a great untapped resource.

5. What did the Town Hall reveal as your greatest challenge (or two) in this area?

The need for services have increased and changed due to the financial crisis.
There are not the necessary resources needed to provide one-on-one counseling, which is the best tool in changing long term financial issues.
Predatory lending practices are on the rise, causing those who do not understand how they work to get themselves into financial holes that they cannot get themselves out of.

6. What next steps were identified as a result of the Town Hall meeting?

Administer participant survey and analyze results.
Work with other service providers to conduct education sessions with clients about financing.
Explore new OCSL/community organization partnerships.
Increase commitment to seek external grants and gifts, to support work in the areas identified as those of greatest need.
Publish a document entitled “A Message from the Community,” to be distributed to all CSUSM faculty and key administrators, to present Town Hall findings, and encourage new faculty/community collaborations.

Input from the Community

With banks not making small loans, it is important to protect people from predatorily leading practice check cashiers loan opportunities are one example.
We need to include more asset building programs and incorporate them into current financial literacy. Also, we need to concentrate on a livable wage.
Financial Literacy is a must. We can do a better job of teaching and providing financial literacy throughout our community, especially in schools. Start going!
It would be helpful to have a locally based collaboration to leverage resources.