Capital Community College (CCC) officially opened its FIRST (Financial Independence to Reach Success and Transformation) Center on Friday, June 23rd with representatives of The Guardian Life Insurance Company, partner organizations and students on hand for a program and ribbon cutting.
The FIRST Center, already open and serving students and residents at the College’s School of Workforce and Continuing Education, provides financial literacy and counseling services to low- and moderate-income individuals. The primary goal of the center is to empower individuals to gain the knowledge and skills to attain financial self-sufficiency for themselves and their families, and in turn, for them to achieve personal and professional success. The centerpiece of the FIRST Center is a three-credit personal finance course, “Money Management for Life,” an introductory course (BFN 110) that has run at CCC since 2013, with all course fees, books and materials covered with grants from Guardian .
Expanded workshops and coaching services on personal finance for low literacy adult immigrants and individual financial coaching to pay for college, own a home, or plan for retirement are offered. Services are provided in partnership with the Center for Urban Research and Training (CURET), Connecticut Women’s Education and Legal Fund (CWEALF), the Hartford Community Loan Fund and the United Way
Rex Fowler, Chief Executive Officer of the Hartford Community Loan Fund, praised Capital and Guardian for making the commitment to open the FIRST Center. He cited the high concentration of low credit scores among residents in neighborhoods not far from Capital’s campus as a major financial obstacle for racial and ethnic minorities. Nearly 40% of enrolled students live in Hartford.
“Guardian’s support for the FIRST Center comes directly from our values as a company: people count, we do the right thing, and we hold ourselves to very high standards,” said Tracy Rich, Executive Vice President and General Counsel. “We have worked with Capital Community College since 2013 to deliver programs that will help students persist and complete their college studies to enable them to reach their career and life goals.”
Located on the third floor of Capital Community College, the FIRST Center features a computer lab and a financial lending library, along with free materials, resources, and information about services offered by partner organizations. There is also a one-on-one private area used for budget coaching, Volunteer Income Tax Assistance services, and other offerings from partner institutions.
For more information on the FIRST Center, contact Daniel Gregory at firstname.lastname@example.org or 860-906-5138.