Montclair State University Launches iGrad Student Financial Literacy Platform to its Over 20,000 Students, Faculty and Staff
Summary
San Diego, CA, April 19, 2023 --( PR.com )-- The San Diego-based financial wellness company iGrad has partnered with Montclair State University to provide its customized, interactive online and mobile student financial wellness platform to the New Jersey public university’s more than 20,000 students.iGrad’s platform at Montclair includes comprehensive customized and interactive information on everything from building and maintaining good credit, budgeting and money management to student loan/debt management and loan calculators.Montclair’s iGrad partnership is its first university-wide financial literacy initiative, which will be available to students, faculty and staff. Offering iGrad’s accessible, user-friendly online platform is the institution’s first step in building a comprehensive financial literacy program.“Financial literacy is a national conversation, and making sure our community members have a tool that they can use, at their own pace, to increase their knowledge and help make more informed financial decisions is of paramount importance,” said Montclair Provost and Senior Vice President for Academic Affairs Junius Gonzales. The university also ranked seventh in the nation among 440 national universities in graduation rate performance – the rate at which students out-perform the anticipated graduation rate of those with similar backgrounds at other schools – in the U.S. News & World Report 2022-2023 Best Colleges guidebook.By partnering with iGrad, Montclair is giving students another essential tool as part of a holistic educational experience and intentionally furthering the financial literacy conversation.“Students, colleges and universities are facing tremendous financial challenges that impact enrollment, graduation rates and the level of student loan debt, which is already the second-largest category of debt in the country,” said iGrad Vice President of Business Development Donna Miller. It also offers:- Tools, quizzes, videos, articles and a library of multimedia content.- A student loan tracking tool which aggregates student loan balances and estimates monthly payments, helping to prepare students for these payments after graduation.- Because it adapts to each user’s specific circumstances, it can even provide interactive educational content on retirement and mortgages to those who need it.About iGradiGrad is a San Diego-based financial technology company that provides artificial intelligence-powered financial wellness solutions to more than 2.7 million students at 650 colleges and universities, over 20,000 employers and over 300 financial institutions. iGrad recently received the 2022 Eddy Award for Financial Wellness by Pensions & Investments for its Enrich platform.