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Center for Financial Literacy and Education

The Center for Financial Literacy and Education was established in 2015 to promote financial literacy throughout the State of West Virginia. The CFLE created a central mechanism for the outreach, programmatic, and research specific initiatives involving financial literacy and education within the Chambers College of Business and Economics at West Virginia University. The mission of the center is to bring awareness, resources, programs, and support to constituents across the region that will initiate change agents to promote the economic health and prosperity of the citizens of the State of West Virginia.

The CFLE’s activities are directly tied to the West Virginia Forward movement and speak to the land grant mission of West Virginia University. Programs delivered by the CFLE have had a direct and dramatic impact on primary and secondary educators and students, state employees, undergraduate and graduate students across WVU, and the WVU Retirees Association. We believe that the promotion of better financial decision making will lead to a more productive society and we are working diligently to expand our efforts across the region to be a leader in enhancing the financial decision making for all.


The Center is divided into four pillars: (1) banking, (2) insurance, (3) personal finance, and (4) investments. These four areas serve as the foundation for the primary curricular, research, and outreach strengths of the Department of Finance in the Chamber’s College of Business and Economics and create a tangible connection to our mission. From a basic concept of delivering skills to those that need them the most, the CFLE has built a framework for a large program that is now working with national and international industrial partners to improve the lives of the less fortunate and to train our finance students to succeed in the competitive, global marketplace.


Our Goals 

The Center for Financial Literacy and Education promotes financial literacy and education in the state of West Virginia. There is a clear need for increasing financial literacy across the state of West Virginia, as well as within West Virginia University. The question is how to change behavior in a way to improve financial decision-making. The first step in that process is to empower individuals to make better financial decisions by arming them with the tools and confidence to better plan for their financial futures.

Our Pillars 

The Center is divided into four pillars: banking, insurance, personal finance and investments. These pillars serve as a foundation and create a strong tie to our mission of transforming the state through outreach, teaching, experiential learning and research.


Read more about the Pillars

Current Programs

The Center has created a partnership with the WVU First Year Experience program to provide financial literacy to all incoming freshmen on campus through the WVU 191 course. The Center has created a five-pronged approach to integrate financial literacy materials into the curriculum through in-class activities, large on-campus seminars and residence hall integration. This is part of a larger initiative to integrate financial literacy campus wide. 

Outreach

The Center partners with organizations across campus to bring financial literacy to WVU students, faculty and staff and the WV community at large. We offer seminars, training materials, lunch and learn sessions all based around topics and issues related to financial planning. Each presentation is tailored to meet the specific needs of the audience, and often focus on the target areas of budgeting, basic investment skills, and debt management.

Resources/ Clearing House 

The Center works with Financial Literacy organizations across the country that provide free financial literacy resources for all ages. 

Finance University 

Finance University was developed eighteen years ago to provide beginning and advanced professional development credentialing for primary and secondary educators in all 55 counties in West Virginia. The program has evolved and grown into an annual event that creates opportunities for, not only professional development credits, but also for educators to learn about personal finance on a personal level while gaining tools to develop curriculum to bring back to their classrooms. Educators are provided with access to free resources and training, and also have opportunities to interact with faculty at WVU, speakers from the CFLE’s industrial partnerships, government leaders, as well as other educators from across the state.

Finance University