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HOPES

(Helping Oliners Plan for 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 Admission and 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 develop an accurate financial vocabulary, make informed choices, and identify areas to watch out for
  • 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

During the 2020-21 school year, we organized several virtual events and initiatives, including:

  • A 3-part “How to Manage Your Money in College and Beyond” series with Babson College about credit cards, investing, and other topics using Babson Financial Literacy Project materials
  • Facilitated a session during OFYI (Olin First Year Introduction - our first year experience course) about financial wellness at Olin. This included a framework, 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).
  • A 2-part “OFin” series about credits cards, credit scores/reports, banking, and budgeting
  • Financial aid office hours each semester where students had the opportunity to meet with Financial Aid staff members and play an interactive financial wellness-themed Codenames game
  • Virtual educational programs throughout April in honor of 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
  • Outreach via various media to help prospective and admitted Olin students and their families understand the process of paying for college

Past events include:

  • A 2-part “Extra Credit” series about credit cards, scores, and reports using Babson Financial Literacy Project materials
  • Facilitated a session during OFYI (Olin First Year Introduction - our first year experience course) about financial wellness and financial resources at Olin. This included a framework, a faculty/staff/student panel designed to break down barriers around the topic of money, and a resource fair.
  • “Where’s the Money?” budgeting panel
  • 9-week “How to be an Adult” co-curricular including student-requested sessions on topics like health insurance, cars, and meal planning
  • “What’s Wrong with Wellness?” discussion about the wellness industry and how to navigate it with a critical lens
  • Virtual educational programs throughout April in honor of Financial Literacy Month, including a “Summer in the City” event about finding summer housing and a financial wellness game night
  • Monthly financial aid office hours
  • 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