Citi Supports Parent-Student Orientation Dinner

Professor Donna Little and local high school students from the financial literacy pilot program

August 12, 2011

On Tuesday, August 16, Menlo College’s Class of 2015 will be formally inducted into the Menlo family at a Parent-Student Orientation Dinner, generously sponsored by Citi. The evening will include a special welcome from Bay Area Citi executives and an overview of Menlo's cutting-edge Financial Literacy program. The presentation will be led by Associate Professor Donna Little, Director of Menlo’s Center for Financial Literacy. With nearly 250 new students along with their parents, more than 400 people will be in attendance.

In March 2010, Citi and Menlo joined forces to develop a Financial Literacy pilot program, fulfilling important goals for the missions of both institutions. The program's distinctive coursework gave a small group of Woodside High School seniors and Menlo freshmen a unique opportunity to earn one unit of college credit while learning basic financial literacy skills, such as using and paying off credit cards, amortizing debt, compounding savings, budgeting, financial planning and investing.

The program was taught by Menlo faculty and Citi executives on the Menlo campus. Not only was this pilot and its partners hailed by regional and statewide business and political leaders as innovative, but student feedback was also overwhelmingly positive. Both high school and college participants indicated it had changed their outlook, their future plans and, ultimately, their lives. As a result of the program's success, all Menlo freshmen will now be required to take the one-unit course as part of their general education.

This year, due to a second contribution from Citi, the 2011-12 Financial Literacy partnership will expand the program to include the wider non-profit community.