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Enhancing Financial Literacy Among Student-Athletes

The purpose of this study was to first determine how student-athletes at two NCAA institutions budget and spend their money, and discovered their preferred modes of receiving financial education. Using data collected from a variety of methods, a pilot financial literacy education program geared specifically for student-athletes was developed. The pilot program was implemented at both institutions, and evaluated to measure students’ financial literacy after participation in the pilot. The program design can be adapted to reach student-athletes participating at institutions in any NCAA division.