New program offers financial coaching to UB students – UB Now: News and insights for UB faculty and staff
Paying for college can be one of the biggest stressors in a student’s life. A recent survey of 25,000 students showed that 65% were worried about the cost of their education; a quarter of them did not know how they were going to pay for their next semester.
After reviewing this data, provided by the Trellis Student Financial Wellbeing Survey, staff at UB Health Promotion’s Wellness Coaching Program knew something had to be done. Students needed support during this turbulent time in their lives.
And with the implementation of the new financial wellness coaching program, UB students now have the opportunity to receive advice from an expert in the field of financial coaching: Danial Khan, a wellness coach. be a financier sponsored by the AmeriCorps Economic Opportunity Corps.
“We know it’s hard to focus on grades and get the most out of your college experience when you have an economic burden and loans that you may not fully understand,” says Khan, a social worker. financier who obtained a double master’s degree in business administration and social sciences. work of the UB.
“You may not have anyone in your life to guide you and point you in the right direction. So we want to offer students this support so that they can focus on school and prepare for the future. “
The program offers a variety of workshops to students on financial wellness and gives them the opportunity to get one-on-one training with a financial wellness coach.
“We will be having a live session of the workshop,” said Sharlynn Daun-Barnett, Health Promotion Wellness Coaching, Stress Management, and Smoking Cessation Coordinator. “We will also be recording a workshop that will be presented in the first year seminars and will work in partnership with the First Generation Initiative, the Educational Opportunities Program, the Cora P. Maloney Center programs and the Graduate School.”
To adapt to the lifestyle of the students, Financial Wellness Coaching also plans to hold workshops “in learning communities living in residences, and may have walk-in coaching hours on campus,” explains Daun-Barnett.
The first workshop is scheduled for November 10. Students can make an appointment with financial coaching services by visiting the Wellness Coaching website.