Graduating with financial capability: a step change for Higher Education
We launched our business case 'Graduating with Financial Capability: a step change for Higher Education' at our Higher Education Funding Conference in 2008.
The document set out the development of the Money Doctors approach and how it benefits universities by giving Student Money Advisors the skills and confidence to proactively help students manage their money.
It also reported on the progress already being made by Student Money Advisors having adopted the Money Doctors approach, highlighting the positive outcomes they have achieved and describing the challenges they have faced.
We commissioned an independent survey of students at 11 of the participating universities to test the impact of the Money Doctor's approach on student behaviour. Students who had attended a Money Doctors session were more likely to have a responsible attitude to saving and taking on debt than those who had not. The key findings are highlighted in the ‘Graduating with Financial Capability’ document.
Graduating with Financial Capability [PDF]
The Higher Education Funding Conference 2008
Higher education is facing ever more complex demands, to build financial capability, diversify funding and to create institutions that are sustainable and create economic value.
This conference brought together Vice-Chancellors, Finance Directors and senior decision makers in HE concerned with the challenges of higher education funding. It addressed the need to increase financial capability to establish a basis for future funding through fees and considered how to develop strategies to deliver on concepts, introduced by Dearing, Lambert and Leitch, to enable the UK to compete in a global HE market over the next decade.
We heard from Chris Pond (Director of Financial Capability, FSA), Baroness Tessa Blackstone (Vice-Chancellor, Greenwich University), Wes Streeting (President, NUS), Steve Eagan (Deputy Chief Executive, HEFCE), Professor Graham Henderson (Vice-Chancellor, University of Teesside), and many others.
The videos of the conference, including the speeches, the launch of Graduating with Financial Capability, and our very own Money Doctors video are available below:
Professor Neil Gorman, Vice-Chancellor, Nottingham Trent University;
Wes Streeting, President, National Union of Students (NUS)
Baroness Tessa Blackstone, Vice-Chancellor, Greenwich University.
Other videos from the day, along with the power point presentations are available free of charge on the Policy Review TV website.
Podcasts from the day are also available