AICPA and VSCPA Team Up to Promote Financial Literacy to Prospective College Students

September 29, 2015

Virginia State Senator Louise Lucas
Virginia State Senator Louise Lucas
Updated October 19, 2015.

Virginia State Senator L. Louise Lucas spoke about financial preparedness for college at the Virginia Society of CPAs’ (VSCPA) “You Can Afford College” workshop in Portsmouth, Va. on September 15.  Lucas focused on the importance of being aware of various financial aid programs and how to take advantage of those opportunities to ensure a bright future.  Funded by a grant from The Accountants Coalition, this workshop was the first of a series for which the VSCPA partnered with three state senators to share information about paying for college with their constituents.  Additional workshops were held with Senator A. Donald McEachin and Senator Mamie E. Locke in Richmond and Hampton. 

The VSCPA invited CPAs from around Virginia to discuss options families can utilize to save for college, such as 529 plans and various scholarship resources.  CPAs were also on hand to talk about the career opportunities available in the accounting profession and to encourage students to consider becoming CPAs. The workshop was a part of the VSCPAs’ financial literacy campaign, Financial Fitness, which seeks to educate the public on topics related to money management and fiscal responsibility. 

The American Institute of CPAs’ (AICPA) 360 Degrees of Financial Literacy program, including the Feed the Pig campaign, was a key supporter of the events.  The AICPA was able to provide the more than 100 students, parents and educators in attendance with tips and tools offered by the 360 Degrees of Financial Literacy and Feed the Pig initiatives, such as a college savings calculator, budget tracker and much more. 

For more information about the AICPA’s financial literacy efforts, visit the 360 Degrees of Financial Literacy website.  For more information about VSCPA’s Financial Fitness initiative, please visit their website.