I am pleased to announce that the Troy Public Library has been awarded a $65,175 grant from the Financial Industry Regulatory Authority (FINRA) Investor Education Foundation and the American Library Association as part of the nationwide Smart investing@your library Program.
Troy was one of 14 public libraries from across the United States chosen through a competitive process to win this prestigious grant.
The program, “Financial Planning for Your College Future,” begins in September 2013 and runs through June 2014. It will help high school students and their parents to establish a financial plan for college and beyond. The project addresses saving and investing to cover college expenses, as well as the skills and knowledge students need to manage their finances while in college and after they graduate. Sessions will cover banking; budgeting and saving; paying for college; navigating the financial aid process; appropriate use of credit; investment considerations; and managing debt.
We have partnered with Oakland University, Walsh College, and GreenPath Debt solutions to provide instructional support for the project. We are also working with our valued partner, the Friends of the Troy Public Library, to offer scholarships for outstanding students who participate in this program.
While the program is primarily directed at high school students and their parents, we will create a website where session content will be posted, and make the information available to the entire community.
This program demonstrates in a visible way how the Troy Library changes lives. It broadens the definition of what a public library is and what a public library can do. I appreciate the opportunity to make this possible for the benefit of the Troy Community.
Watch this space in coming months for complete program details and how you can sign up for it.