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SFEPD Hosts National HBCU Financial Literacy Bowl: Hampton University Wins 1st Prize

SFEPD Hosts National HBCU Financial Literacy Bowl: Hampton University Wins 1st Prize
Posted By: Virginia Lynch on November 16, 2023

ALEXANDRIA, VA, NOV. 16, 2023 – The Society for Financial Education and Professional Development (“SFEPD”) recently hosted the first-ever HBCU Financial Literacy Bowl. Initially open to all 36 SFEPD Student Ambassador Programs, teams from each participating HBCU competed in a two-phased competition. The students competed based on what they learned about financial literacy through the Student Ambassador Program, which trains college leaders to teach their peers about personal finance.

The first round of the competition was held virtually. The top three HBCU teams, with four students from each school, competed in a final-round live competition on Oct. 24th at SFEPD’s 15th Annual Financial Literacy Conference at the National Harbor in Maryland. Hampton University won first prize, Tuskegee University won second, and Southern University and A&M College won third. The winners received monetary awards and bragging rights.

Students were quizzed on topics ranging from budgeting and credit to investing and loan management. “SFEPD teaches HBCU students financial skills that encourage economic success,” said Ted Daniels, president and founder of the educational nonprofit. “SFEPD’s Financial Literacy Bowl served as an interactive and engaging platform to increase college students' financial knowledge and savviness.”

The HBCU Financial Literacy Bowl was sponsored by The National Endowment of Financial Education (NEFE). “The bowl would not been possible without NEFE’s collaborative support,” Daniels said. “NEFE was a terrific partner in helping SFEPD launch its first college bowl at SFEPD’s annual conference attended by over 200 educators and financial experts.”

SFEPD works directly in partnership with an oversight professor at each HBCU participating in the Student Ambassador Program. Dr. Sylvia Rose, Assistant Dean and Assistant Professor of Finance at Hampton University’s James T. George School of Business, was instrumental in preparing her students for the college bowl.

"As the Oversight Professor, I had an extraordinary and fulfilling experience working with our Ambassadors and coaching them in their efforts to succeed at the HBCU Financial Literacy Bowl,” Rose said. “The students did the heavy lifting; I just guided them in strategy. It is very rewarding to be a part of this financial literacy movement and observe the growth of our students.



Partnering with SFEPD has provided our Hampton students and the campus community with invaluable life learning experiences and knowledge."

Hampton University Student Ambassador Paige Loague was an enthusiastic participant. “Our Student Ambassadors competed in the first HBCU Financial Literacy Bowl and placed first!” she said. “I am immensely proud of my team's hard work and dedication, demonstrating our growing financial knowledge and our commitment to fostering financial literacy.” Donte Douse, another Hampton University Student Ambassador, agreed. “I truly enjoyed being a part of SFEPD’s Financial Literacy Bowl – it was a great way to increase my financial literacy knowledge.” Reina Oliver and Kayla Gibson completed the team of the four Hampton University Student Ambassadors.

The HBCU Financial Literacy Bowl allowed Student Ambassadors to sharpen their financial expertise and skills while attending a **** educational conference in the Washington, D.C. area. Loague said that SFEPD’s conference provided students with a rich platform for learning and networking with working professionals and Student Ambassadors from other HBCUs, all of whom share a passion for advancing financial literacy.

Hosting the financial literacy bowl at SFEPD’s annual conference served as a creative learning tool to engage college students on their level and give them opportunities to enhance their professionalism and build financial confidence,” Daniels said. “SFEPD is proud to be a national leader teaching college students useful money management strategies.”

###

About The Society for Financial Education and Professional Development
For 25 years, SFEPD, based in the Washington, D.C. area, has served as an award-winning financial literacy and professional development nonprofit teaching financial skills to people of all ages and backgrounds, focusing on underserved communities. SFEPD is directed by President and Founder Ted Daniels, a global financial literacy leader. Learn more at www.sfepd.org. Connect with SFEPD on social media:

https://www.facebook.com/sfepd/
https://www.instagram.com/sfepd/
https://www.linkedin.com/company/4829560/
https://twitter.com/sfepd
https://www.youtube.com/channel/UCXy7d9Tmc...

Media Contact:
Ginie Lynch, SFEPD
ginielynch@sfepd.org
443-614-2772

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