OneMain Financial Introduces Money LaunchPad, a New Financial Education Program for High School Students in Five States Across the Country
NEW YORK–(COMMERCIAL THREAD) – OneMain Financial, the nation’s largest installment lender with a mission to improve the financial well-being of hard-working Americans, today announced the launch of Money LaunchPad by OneMain, a new program to personal financial education that teaches basic financial skills to students in grades 9-12. The course, which will debut in California, Texas, Ohio, North Carolina and Pennsylvania, was created with the country’s leading innovator in social impact education, EVERFI, Inc.
The program includes an interactive learning platform designed specifically to translate financial concepts and introduces the basic financial skills necessary for the transition of high school students to adulthood. Topics include banking basics, income and employment, budgeting, consumer skills, credit and debt management, higher education finance, insurance and more.
“Money LaunchPad by OneMain is the latest step in our company’s commitment to improving the financial well-being of Americans and will strengthen our efforts to promote the financial well-being of people of all ages,” said Doug Shulman, President- Managing Director of OneMain. “By teaching high school students basic topics and helping them develop strategies for managing their finances, these courses will build a better future for students long after they leave the classroom. ”
“The need for equal access to financial education has never been greater than it is today, and we are proud to work with OneMain Financial as they deepen their investments in financial capacity, volunteering and social impact in the communities they serve, ”said Ray Martinez, president and co-founder, EVERFI. “OneMain’s program will provide foundational tools and resources for high schools to address this missing learning layer while helping students get started on the right path to achieving financial well-being. Through their engagement, students across the country will receive education in the essential skills needed to make responsible financial choices for the rest of their lives.
Through this initiative, OneMain employee volunteers will engage with partner schools and teachers to create opportunities that will serve as an extension of the digital education classes they provide to their students. With virtual and in-class opportunities, employees will collaborate with teachers to improve the curriculum, lead financial wellness activities, and participate in career development panels.
The Money LaunchPad by OneMain platform will provide teachers with real-time detailed data and reports to track each student’s progress, performance and knowledge gains. As more states require financial literacy classes in schools, Money LaunchPad by OneMain will meet these requirements while teaching high school students how to make smart financial choices that promote financial well-being throughout life. their life.
About OneMain Financial
OneMain Financial (NYSE: OMF) is the nation’s largest near-prime installment lender, with a mission to improve the financial well-being of hard-working Americans. With approximately 1,400 locations in 44 states, the company is committed to helping people with their personal loan needs. OneMain and the members of its team are dedicated to the communities where they live and work. For more information, please visit OneMainFinancial.com.
About EVERFI, Inc.
EVERFI is an international technology company that makes a social impact through education to solve the most difficult issues affecting society, ranging from financial well-being and mental health to driving to work and driving. other critical topics. Founded in 2008, EVERFI’s Impact-as-a-Service MT solution and digital educational content have reached over 41 million learners worldwide. In 2020, the company was recognized as one of the most innovative companies in the world by Fast business and appeared on Fortune magazine Impact List 20. The company was also named to the GSV EdTech 150 2021, a list of the most transformative growth companies in digital learning. Some of America’s top CEOs and venture capitalists are EVERFI investors, including Amazon Founder and CEO Jeff Bezos, Google Chairman Eric Schmidt, Twitter Founder Evan Williams, as well as Advance, Rethink Education, Rethink Impact, The Rise Fund and TPG Growth. To learn more about EVERFI and how you can # answer the call, please visit everfi.com or follow us on Facebook, Instagram, LinkedIn or Twitter @EVERFI.