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State Farm Donation To USC Aiken's School of Business

They gave $5,000

By Israel Butler

Editor-in-chief

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Published: Monday, January 25, 2010

Updated: Monday, January 25, 2010

The USC Aiken School of Business Administration will receive a gift of $5,000 from State Farm Insurance.

The contribution will go toward several budgeting and financial seminars for women.

Sessions will be offered to both the USCA student body and the general public.  Topics that will be included throughout the seminars are “Financial Literacy for Women,” “Insurance 101,” and “Understanding Your Personal Budget.”

The dean of the School of Business Administration, Dr. Ralph Byington stated, "In a recent survey, women were less likely to correctly answer financial literacy questions.  There is a disconnection between math skills and self-reported financial knowledge and actual performance. 

We plan to begin addressing this issue with this seed money from State Farm Insurance.  In addition to offering these programs to the community, we will reach out to individuals who find themselves in difficult situations.  In South Carolina and specifically Aiken, there are a high number of domestic assaults.  Helping these groups of women develop their financial knowledge will allow them to be more confident in their financial decisions." (www.usca.edu/marketing/news)

State Farm has an interactive web site for women to help with financial literacy at www.sfredportfolio.com. To find out more information about the upcoming seminars, call the School of Business Administration at (803) 641-3340.

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