Indiana University Offers New Financial Literacy Platform for Students with iGrad Online Launch

San Diego, CA, July 17, 2023 — iGrad, a San Diego-based financial technology company, has formed a partnership with Indiana University Online to provide its customized, interactive online and mobile student financial wellness platform to the university’s more than 8,000 online degree students.

The platform at IU includes comprehensive customized and interactive information on everything from building and maintaining good credit, budgeting and money management to student loan/debt management and loan calculators.

iGrad is known for providing artificial intelligence-powered financial wellness solutions to more than 2.7 million students at 650 colleges and universities, over 20,000 employers and more than 300 financial institutions.

Research has shown that student financial literacy programs like iGrad can decrease financial stress, improve academic performance and teach students how to manage their finances for a lifetime.

Whitnie Powell, IU director of Enrollment Management & Student Services, stated, “For many of our online students, IU Online is only one chapter of their story, and we wanted the ability to provide them with an always-on free resource to support their overall financial wellness. Our goal is that iGrad proves to be a complimentary addition to our wrap-around support portfolio that our online students have meaningful engagement with.”

Financial literacy is the ability to understand and effectively use various financial skills, including personal financial management, budgeting and investing. Financially literate people have a feeling of control over their finances while also using money as a tool to freely make choices that build greater life satisfaction.

Multiple studies have shown that financially literate college students are more likely to graduate, perform better academically, experience less stress, have lower student loan debt, be more prepared for student loan payments after graduation, and more.

iGrad is currently used by public and private colleges and universities of all sizes, including Wake Forest University, University of North Georgia, Emerson College and Cleveland State University.

The platform personalizes financial information for each student’s situation and needs, offering tools, quizzes, videos, articles, a library of multimedia content, and a student loan tracking tool which aggregates student loan balances and estimates monthly payments to help prepare students for these payments after graduation.

iGrad’s dedication to financial education has been recognized with the 2023 Excellence in Financial Literacy Education (EIFLE) Adults’ Education Organization of the Year Award from the Institute for Financial Literacy and the 2022 Eddy Award for Financial Wellness from Pensions & Investments for its Enrich platform.

For more information about the iGrad platform, visit https://www.igradfinancialwellness.com. For more information about the Enrich platform for employers and financial institutions, visit http://www.enrich.org.

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