Proceedings of the Conference for Entrepreneurial Librarians

Student financial education center: A library/student startup for financial literacy

Lauren Reiter


This paper, based on the author’s presentation of the same name, discusses a financial literacy partnership between an academic library and a student organization at Penn State University as a startup. The Student Financial Education Center is a peer-to-peer financial education program, a new-to-libraries model for financial literacy delivery and partnership that was discovered to be more easily and effectively managed when viewed as a startup—an “organization formed to search for a repeatable and scalable business model” (Blank, 2010) that is “creating something new under conditions of extreme uncertainty” (Matthews, 2012). Through the Student Financial Education Center, Penn State University Libraries has had the opportunity to search for a repeatable, scalable model for the financial education of college students and to explore the potential new role for libraries as a partner in student-driven initiatives that support engaged scholarship, lifelong learning, and the overall well-being of students.

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