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K-State Today

April 19, 2022

State Farm Insurance supports Powercat Financial for 10th year

Submitted by Jodi Kaus

State Farm Insurance, through the Kansas State University Foundation, recently awarded a $5,000 State Farm Good Neighbor Citizenship Grant to Kansas State University's Powercat Financial.

The grant is awarded to organizations that foster service-learning opportunities and personal financial education such as the university's Powercat Financial Counseling. Since 2009, Powercat Financial has provided students with free financial counseling and education focused on the financial wellness of students via a peer model where students from finance-related majors are trained to assist fellow students. State Farm has provided grants to Powercat Financial for the last 10 years totaling $143,000.

"The State Farm grants have been critical to sustaining our robust financial education programs at K-State," said Jodi Kaus, director of Powercat Financial. "With State Farm’s support, we are able to continue to build on our financial well-being services and the grant will allow us to assist more students with their finances."

More information about Powercat Financial can be found at k-state.edu/powercatfinancial.