Category: Financial literacy

Pa. Banking on Program Providing Former Inmates with Financial Literacy

witf By Sarah Hoover Pennsylvania has a new idea to help lower recidivism rates. Two state agencies have launched a pilot program that teaches financial literacy to inmates at state prisons. The phrase “follow the money” has taken on new meaning for prisoners who take the course on credit and banking basics. The class, which …

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Apply Now: Boulware Foundation Grants to Increase Economic Opportunities for Women and Girls

The Boulware Foundation is seeking applications to fund projects or programs focused on empowering women economically and moving them toward financial freedom. This includes promoting workforce and vocational skill development, financial literacy education, and entrepreneurship. In every case, women and girls must be the targeted beneficiary population. Letters of intent will be accepted on a rolling basis. Upon review, …

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Pennsylvania Credit Unions Join with State in Program Aiming to Fight Inmate Recidivism

CU Today By CU Today Staff Credit unions joined with private partners and the Commonwealth of Pennsylvania to announce a new partnership aimed at reducing recidivism among those convicted of crimes through a financial literacy program. During the press conference yesterday at the headquarters of Pennsylvania State Employees Credit Union, Gov. Tom Wolf, along with …

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Your Money, Your Goals: Focus on Reentry

This guide from the Consumer Financial Protection Bureau provides information to help social service providers, financial educators, legal aid, and community-based organizations address the unique financial challenges faced by people in the justice system, both before and after release from incarceration. Topics include prioritizing and managing debt, rights around background reports, and accessing and fixing credit reports. The guide is …

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