Creation of Powercat Financial Counseling
Powercat Financial Counseling began in August 2009 when Student Governing Association allocated student centered tuition enhancement (SCTE) funds for the creation of a program to provide students free assistance and counseling on personal finances. The program was designed as a peer-to-peer program where students studying financial planning or financial services offer counseling to fellow students on budgeting, saving, credit, student loan repayment and transitioning to work.
Powercat Financial Counseling has made a difference in the financial well-being of many K-State students. Our biggest successes are when we help a student get on track financially allowing them to remain at K-State to pursue their degree or when students indicate we helped reduced their financial stress.
The outcomes of our efforts have provided the following impact at K-State:
- Over 250 financial workshops presented to over 8,800 students on topics ranging from budgeting to transitioning to work;
- Individual financial counseling provided one-on-one to over 720 students;
- 45 students gaining pre-professional financial counseling experience as peer financial counselors.
PFC has grown significantly since its creation. Its staff includes a full-time director, two graduate assistants, 6 experienced peer financial counselors, and 14 new peer financial counselors completing training from academic majors including personal financial planning, business finance, accounting, and agricultural economics.
Students may apply in the spring to become a peer financial counselor or to join the PFC Student Advisory Board which assists with the mission and marketing of the program. Read more
Powercat Financial Counseling strives to be a leader in clinical research and has collected pre- and post-data from individual client sessions and group presentations since its inception. Read more
PFC has received significant recognition both locally and nationally for its efforts in improving K-State students' financial capability. Read more
If you are passionate about our mission, we would greatly appreciate your support and contributions which can be made via the Kansas State University Foundation.