The Basic Needs Giving Partnership and the Oshkosh Area Community Foundation are funding a grant to implement a Financial Wellness Center on the Fox Valley Technical College at the Oshkosh Riverside Campus in fall 2016.
The two-year, $96,390 grant will support a FISC counselor on the Riverside Campus to ensure students receive assistance when emergency needs arise, with the goal of lessening their debt and financial strain long term. FISC will counsel students experiencing financial emergencies and coach them toward self-sufficiency.
The Basic Needs Giving Partnership is collaboration between the U.S. Venture Fund for Basic Needs, the J. J. Keller Foundation Inc., the Greater Green Bay Community Foundation, the Community Foundation for the Fox Valley Region and the Oshkosh Area Community Foundation. In the past 31 years, the partnership has given $18.3 million to fight poverty.
The FISC grant was among $1.2 million in grants announced June 23 by the Basic Needs Giving Partnership to battle poverty in northeast Wisconsin.
This is the third Financial Wellness Center FISC has implemented in the last five years with technical college partners. The first FWC was initiated at the Appleton FVTC campus in January 2011, followed by the implementation of a second on the Northeast Wisconsin Technical College campus in Green Bay in fall 2012. Over the last five years, thousands of students have been counseled and advised through these efforts.
In addition, both Financial Wellness Centers have won the Governor’s Financial Literacy Award, as selected by the Governor’s Council on Financial Literacy.