Financial Wellness

HOPES

(Helping Oliners Plan Economic Success)

College students are just beginning to learn how to become self-sufficient and navigate independence in many areas of their lives, including financial wellness.  Olin is committed to offering support for this growth.  The Office of Financial Aid aims to go beyond making Olin affordable to students.  We also strive to help them develop lifelong financial skills. Our HOPES (Helping Oliners Plan Economic Success) financial wellness program is designed to:

  • Increase students’ comfort and confidence in talking about, dealing with, and taking ownership of their finances
  • Give students tangible financial tools for the real world
  • Help students make informed choices and avoid common mistakes
  • Empower students to navigate their financial landscape when they don’t know what to do
  • Help seniors know what to expect financially after they graduate and how to plan ahead

Past events include:

  • Sessions during OFYI (Olin First Year Introduction - our first year experience course) including  a faculty/staff/student panel designed to break down barriers around the topic of money, and an activity about “money scripts” (our underlying financial attitudes and beliefs).
  • Financial aid office hours every month where students have the opportunity to meet with us, ask us about financial aid or any financial question they might have.
  • Virtual educational programs throughout April, Financial Literacy Month, including a budgeting simulation activity, a presentation about saving and investing for the future, a panel featuring Olin students sharing tips and tricks for managing your money over the summer, and a trivia night
  • Collaborations with Babson including a 2-part “Extra Credit” series about credit cards, scores, and reports and a 3-part “How to Manage Your Money in College and Beyond” using Babson Financial Literacy Project materials.
  • 9-week “How to be an Adult” co-curricular including student-requested sessions on topics like health insurance, cars, and meal planning
  • Outreach via various media to help prospective and admitted Olin students and their families understand the process of paying for college

Stay tuned as we continue to build HOPES!

Questions?  Please contact us at finaid@olin.edu or 781-292-2215.