The Student Financial Success Conference aims to advance the national dialogue about the use of data and technology to support undergraduate students by minimizing their financial risk that may adversely impact their academic success.

1. STUDENT FINANCIAL SUCCESS CONFERENCE: May 31, 2018
Tiffany Beth Mfume, DrPH
Assistant Vice President for Student Success and Retention
Morgan State University

2. Morgan State University
Office of Student Success and Retention
(OSSR)
■ Morgan is largest of four, public historically black colleges
and universities (HBCUs) in the State of Maryland.
■ Morgan has an enrollment just under 7,600 students, with
approximately 6,300 undergraduate students.
■ Morgan State University’s entire campus has been
designated as a National Treasure by the National Trust for
Historic Preservation; we are the only college or university
to have the entire campus to earn the designation.
■ Morgan State University has been listed by U.S. News &
World Report as "one of student's most popular
universities“ and named by Forbes magazine among
"America's Best Colleges and Universities 2016."
■ Morgan has been identified as "one of the 25 Best
Universities for African Americans, Hispanics, and Women"
by the Black EOE Journal, Hispanic Network magazine,
and Professional Woman's magazine.

3. Morgan State University
Office of Student Success and Retention
(OSSR)
■ Morgan is largest of four, public historically black colleges
and universities (HBCUs) in the State of Maryland.
■ Morgan has an enrollment just under 7,600 students, with
approximately 6,300 undergraduate students.
■ More than 90% of our undergraduates receive some type of
financial aid and approximately 60% are Pell-eligible.
■ Morgan State University still is primarily a first-time, full-
time population of African American students, many of
whom are first generation college students.
■ More than 65% of our undergraduate students test into
developmental English, reading, and mathematics
courses.
■ By every traditional measure, many Morgan students are
"high risk" students.

4. Morgan State University has increased its retention rate
from 63% (2006 cohort) to 73% (2015 cohort) and
graduation rate from 28% (2005 cohort) to 38% (2011
cohort), both ten-point increases that are directly
correlated to the ongoing efforts of the OSSR.
In the Fall (2015) our retention rate for the 2014 freshman
cohort was 76.% for the 2nd year in a row, Morgan’s highest
retention rate in 20 years; Morgan has had seven consecutive
years of a retention rate above 70%.
The Fall 2017 retention rate is up an
additional +2 points to 75.2% for the
Fall 2016 cohort of freshmen.
Morgan State University Office of Student Success and Retention (OSSR)

5. Morgan State University
Office of Student Success and Retention
(OSSR)
FINANCIAL LITERACY PROGRAM (FLP)
■Co-sponsors: PNC Bank, FDIC
■Partnership: Department of Athletics
■Annual Kick-Off Symposium
■Workshops for sports teams
■Open workshops
■First half of workshops cover budgeting,
saving, and credit
■Second half of workshops is an interactive
game such Jeopardy, Bingo, or Family Feud
■Teams compete for gift bags filled with college
survival items including Cup of Noodles, Oreo's,
and laundry detergent
■Collect survey responses and feedback

15. Budgeting
2018 Financial Literacy
Program Workshop
Jeopardy Game

16. Terminology Budgeting
Real Life
Scenarios Misc
100 100 100 100
200 200 200 200
300 300 300 300
400 400 400 400

17. Terminology - 100
Describe a spending plan:

18. Terminology – 100
A spending plan is a step-
by-step guide for meeting
expenses in a given period
of time

19. Terminology - 200
What is a fixed expense?

20. Terminology – 200
Fixed expenses are
expenses with amounts
that do not change from
month to month.

21. Terminology - 300
What is a flexible expense?

22. Terminology – 300
 Flexible expenses are
expenses with amounts
that change from month to
month.

25. STUDENT FINANCIAL SUCCESS CONFERENCE: May 31, 2018
Tiffany Beth Mfume, DrPH
Assistant Vice President for Student Success and Retention
Morgan State University