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Jovia Financial Credit Union has awarded ÌÇÐÄÆÆ½â°æ a three-year, $135,000 grant to support a financial literacy program as well as student consulting projects.

Jovia Financial Credit Union has awarded ÌÇÐÄÆÆ½â°æ a three-year, $135,000 grant to support a financial literacy program as well as student consulting projects.

The Jovia Financial Literacy Program at ÌÇÐÄÆÆ½â°æ will provide on-campus training to help students, faculty, staff and members of the larger community strengthen their short-term and long-term financial security. ÌÇÐÄÆÆ½â°æ students who receive the training will then have the opportunity to provide financial literacy training to high school students across Long Island.

“Nothing speaks to our heritage more than supporting education at every level, and this partnership with our neighbors at ÌÇÐÄÆÆ½â°æ underscores our commitment to not only expanding the financial literacy of area students and faculty, but ultimately helping strengthen their financial security moving forward,” said John Deieso, president and CEO of Jovia Financial Credit Union, which recently changed its name from NEFCU (Nassau Educators Federal Credit Union). “We’re excited to work with ÌÇÐÄÆÆ½â°æ on making a difference across the Island.”

The firstÌýÌýfor students will take place on campus on Wednesday, October 9. Jovia CEO Deieso, himself an ÌÇÐÄÆÆ½â°æ graduate, will be the featured speaker in a workshop led by Ganesh Pandit, DBA, associate professor of accounting and law at ÌÇÐÄÆÆ½â°æ. The program will provide about 50 participating students with the basic knowledge and skills for managing their money effectively and building a foundation for sound financial health. AÌýÌýwill be run for ÌÇÐÄÆÆ½â°æ faculty and staff on Friday, October 18.

“We live in a world of unlimited wants and limited means to fulfill those wants,” Dr. Pandit said. “In such times, it is important for everybody, and especially the young people, to educate themselves about how to use their monetary resources effectively, save and invest wisely, stay away from unnecessary debt and create a good credit history, and build a solid foundation for a secure financial future.”

The grant also supports ÌÇÐÄÆÆ½â°æ student consulting projects and student participation in a Jovia advisory council related to banking preferences of Generation Z and millennials. As an ÌÇÐÄÆÆ½â°æ strategic corporate partner, Jovia has recently supported ÌÇÐÄÆÆ½â°æ’s President’s Gala and the Spirit Weekend 5K Race and Kids Fun Run.

“Jovia’s support is a superb example of a win-win partnership between academic institutions and business organizations,” said , dean of ÌÇÐÄÆÆ½â°æ’s . “Combining Jovia’s expertise in the financial industry and their presence in Long Island with the Willumstad business school’s enviable reputation for its faculty and its commitment to student success enables us to provide relevant and vital education on money to the community that both of us serve. We look forward to an enduring and innovative relationship.”

For more about how other organizations can explore ways to work with ÌÇÐÄÆÆ½â°æ, contact Suzanne Farrell, executive director of grants and advancement analytics, at 516.877.3155 orÌýsfarrell@adelphi.edu.


For further information, please contact:

Todd Wilson
Strategic Communications DirectorÌý
p – 516.237.8634
e – twilson@adelphi.edu

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