Along with the new financial literacy training and the existing financial wellness workshops, Elements has invested extensively in Butler’s educational mission through sponsorships and philanthropic donations that have touched nearly every part of campus life. The partnership exemplifies the purpose and potential of the University’s efforts to forge new collaborative relationships in the community through its Butler Beyond comprehensive campaign and strategic direction. It’s been exciting to see our relationship grow year over year, since it formally began in 2016, and we look forward to creating new initiatives with Butler.” This connection allows us to empower the Butler community to achieve personal financial success, which is our core purpose at Elements Financial. “Most important to us is working with faculty, staff, and students in the area of financial wellness education. “We’re proud to partner with Butler University in multiple ways,” says Ron Senci, Executive Vice President at Elements Financial. Together, Butler and Elements aim to prepare students for a lifetime of financial wellness. The financial literacy training works hand-in-hand with other efforts across campus to address student financial stress, including the Office of Financial Aid’s commitment to educating students about over-borrowing to finance their education, the Butler Emergency Assistance Fund, a recent freeze on tuition, and a new scholarship established by Randy and Libby Brown to provide support to current Butler students who are financing their education primarily through student loans. Downing says BU|BeWell stakeholders across campus are becoming familiar with the additional training modules available within the FinancialEdu program, and he foresees the online training modules building upon the in-person offerings to better prepare students for life after Butler. Kara Fischer, Elements’ Relationship Manager at Butler, already offers in-person financial wellness workshops, guest lectures in classes, and one-on-one consultations for Butler students and employees on a variety of financial topics including financial life after college, understanding credit, investment fundamentals, and more. We’re grateful to be able to lean on the expertise provided by Elements Financial to bring this program to the Butler community.” “If we can get this training to first-year students and make it a requirement, we can provide them with foundational tools that will help them along their journey at Butler and through the rest of their lives. “BU|BeWell is a proactive approach to well-being, not a reactive approach, so having this tool allows us to get out in front of this issue of financial stress for students,” says Josh Downing, Butler’s Director of Recreation and Wellness. Beginning this academic year, the basic training module is now required for all first-year students. After brainstorming discussions and a joint financial investment, Elements and Butler joined forces to offer the FinancialEdu training library to all Butler students, faculty, and staff. The new program was born out of conversations among a group of leaders in the Butler community determined to address the root causes of financial stress among students. The student financial literacy training is the latest addition to the Career & Life Skills module of BU|BeWell, Butler’s holistic student experience framework built around eight dimensions of overall well-being. The program is just one piece of an overall suite of financial wellness offerings provided by Elements to the Butler community as part of a robust corporate partnership, which began in 2016. The program, which launched in January, is designed to provide students with foundational knowledge on topics such as student loans, credit cards, budgeting, and saving. Butler University and its credit union partner, Elements Financial, are teaming up to promote student financial literacy through a new online training program called FinancialEdu.
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