Empowering Students for University Life

For students gearing up for the transition to college, the Regional Bank’s “Extra Credit: College Life Money Skills” program offers more than just tips—it’s a genuine opportunity to get ahead.

The initiative kicked off at the Riverchase Operations Center in Hoover, bringing students together for an engaging session focused on budget creation, savings strategies, and the importance of maintaining good credit.

But, the program extends beyond just in-person events. There are additional resources available online for free, making it accessible regardless of where you are.

This event featured a panel of experts who took the time to answer questions, helping students and families understand financial planning better. Topics covered included financial aid, fraud prevention, and laying the groundwork for a successful college journey.

Hosted by Tandy Hayes from the local consumer banking division, the event was also streamed live to high schools in the southeastern region, ensuring that those who couldn’t attend in person still had the chance to learn. John Jordan, the Regional Retail Head, emphasized the critical nature of early financial planning, suggesting that even simple steps can make a huge difference.

“Talking about finances can be daunting, but it’s crucial,” Jordan pointed out. “Our GreenPrint Financial Planning program is here to support all families, whether they’re just starting out or aiming for larger financial goals.”

The first speaker was Christy Hadgens, a recruiter from the University of Alabama. She provided guidance on the application process and stressed the importance of being prepared well ahead of deadlines.

“After submitting your transcripts and completing the application, you can begin financial conversations with your family,” Hudgens said. “You need to account for direct costs like housing and tuition, but don’t forget about hidden expenses such as parking and personal spending, which can surprise a lot of students.”

Kelly Savoy, from Sally May, joined the discussion to shed light on financial aid and ways to make education more affordable. Her key piece of advice was to fill out the Federal Student Aid (FAFSA) application promptly and accurately.

Savoy also debunked the notion that scholarships are only for top performers, encouraging students to utilize various scholarship search tools, including local options and resources offered through employers. “The tools are out there; you just have to look for them,” she advised.

Jeff Taylor, the Commercial Fraud Forensics Director, focused on fraud prevention, discussing common scams aimed at young adults. From issues like gas pump skimmers to fraudulent scholarship websites, he provided real-life examples of vulnerabilities and shared tips on safeguarding personal information. “Scammers are clever, but with awareness and smart habits, you can keep yourself safe,” Taylor warned.

Wrapping up the event, Angela Aaron, an educator on local financial wellness, covered the basics of budgeting and saving. She encouraged students to think of themselves as “the CEO of their finances,” advising them on how to create a budget that prioritizes needs over wants.

Aaron also shared lessons learned from personal experiences, like how unexpected car repairs can throw off a budget. “It’s not about saying no to all fun,” she noted. “It’s about making smart choices so that you can enjoy college without financial stress.”

The takeaway from this event was clear: the region is dedicated to enabling students to establish a robust financial base. Participants were invited to schedule a free Greenprint Plan appointment, a resource available to both local and non-local individuals. “We believe everyone deserves access to financial planning,” Jordan reiterated.

As students and families departed, they took with them new insights and some exciting prizes. Achieving success in college, or elsewhere, doesn’t just happen spontaneously; it requires planning. With the right resources, today’s students can confidently stride into their financial futures.

Building better financial health has been identified as a key community engagement priority. Alongside in-person programs, the bank offers a next-step program featuring financial wellness tools and tips available online.