This June 26-30, 41 high school students from around the Twin Cities joined MCEE at the University of Minnesota for the week-long Personal Finance Summer Institute. Sponsored by the Affinity Plus Foundation, Marbrook Foundation, RBC Wealth Management, and the Youth Philanthropy Fund of the Minneapolis Foundation, the Summer Institute is a chance for students who are low-income, students of color, and first in their family to attend college, to learn about personal finance and college readiness. Students tour various colleges at the University, including Carlson School of Management, College of Science and Engineering, and the School of Nursing to learn about what opportunities exist at the U of M, as well as visit Affinity Plus Federal Credit Union to learn about financial institutions, hear guest speakers about financial aid for college, investing and saving, and life at college.
Students also completed an "Action Plan" for their post-secondary life. They created a plan for finishing high school, getting accepted into college, and their life and financial goals for after college. Students create a road map of goals and actionable steps they can take to reach those goals. Then, on the final day of the Institute, students met in small groups or one-on-one with volunteers from higher education and local businesses and financial institutions, including 3M, the Federal Reserve Bank of Minneapolis, Affinity Plus Federal Credit Union, Target, and the U of M, at the College & Career Social to discuss their action plans and get real world advice on college planning, career planning, and networking and soft skills.
Thank you to our generous sponsors the Affinity Plus Foundation, Marbrook Foundation, RBC Wealth Management, and the Youth Philanthropy Fund of the Minneapolis Foundation, without which, this program would not be possible.