The NISS Diagnostic identified a key challenge related to limited financial wellness interventions. Temple’s communications about financial processes and resources do not currently provide students with the information they need. Many students do not have an understanding of these processes or the resources available to them. As a result, data shows attainment gaps in graduation rates for students who receive the Pell grant.
The Recommendation
Strengthen faculty, staff, and student financial awareness and support through the effective use of financial data, cross-unit collaboration, and timely, personalized outreach to students.
Actions:
- Track early warning signs of students facing financial risk and leverage staff across student support units to provide proactive support.
- Use data to launch targeted, proactive financial support programs for students needing help.
- Promote financial literacy and well-being through coordinated, targeted communications across units.
Alignment:
Financial Wellness is aligned with Forward with Purpose through the Student Success priority. In particular, this recommendation supports Redefine Access for the 21st Century principle through the Enrollment Strategy project.