BankNewport hosted a Virtual Financial Education Fair for students at West Warwick, Portsmouth, and Rogers High School in Newport, who participated in its 2021 BNWise financial education program.
The virtual fair featured videos and digital online resources that guided students through a final assignment: creating their own personal monthly budget. The program was designed to have students make lifestyle spending decisions based on their chosen career, monthly income and living expenses.
The Bank also awarded four $1,000 scholarships to students who participated in the Financial Education Fair program.
“The goal of the culminating Financial Education Fair is for students to make lifestyle spending decisions based on their chosen career, monthly income, and living expenses, to develop a better understanding of what it takes to budget month to month,” said Kathleen Charbonneau, Vice President/Director of Community Relations, BankNewport in a statement.
In addition to the Financial Education Fair, the BNWise Financial Education program made a significant impact on middle schools and high schools in Rhode Island during the school year.