State Farm and UTPA unite to bring financial literacy training to Valley students
Students from three Rio Grande Valley high schools had a chance to gain valuable financial literacy education this spring thanks to a generous grant provided by State Farm to The University of Texas-Pan American. The $25,000 grant supported the 2014 Financial Literacy Challenge in which trained UTPA undergraduate economics and finance majors gained leadership skills while mentoring students at PSJA North Early College High School, Edcouch-Elsa High School and San Isidro High School. UTPA students prepared high school students to compete in a game-show-style competition, testing the knowledge and skills they had learned including financial basics and goal setting, credit usage, saving and investing and insurance and managing risk. The PSJA North team of Oscar Escobar, Roxanne Vasquez and Meagan Ledesma took first place in the competition held April 12 at UTPA. The competition also included a College and Community Fair where representatives from UTPA and local businesses and financial institutions shared information with the students and parents about planning for college, careers and their financial future.
Pictured left to right are UTPA Director of Corporate and Foundation Relations Velinda Reyes; UTPA business students Hiteshu Bhakta, Martin Garza, Astrid Ramirez; UTPA Assistant Professor of Finance and Financial Literacy Challenge Director Dr. Terrance Martin; State Farm agent Christina Salas; UTPA Dean of the College of Business Administration Dr. Teofilo Ozuna; State Farm agent Raul Resendez; Financial Literacy Challenge Program Assistant Sara Ray; and UTPA business students Gilberto Rios, Armando Mejia, and Albert Arredondo.