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Student Organizations to Host Financial Literacy Program

Students and the community are welcome to attend the first financial literacy program at Pennsylvania College of Technology on April 10.

The event is being organized and hosted by several student organizations, most in the college’s School of Business & Hospitality.

“There are many students and community members unaware of how their loans or mortgages will affect their future, and this program will provide information on how and what affects the loan,” explained Zachary J. Buterbaugh, an accounting student from Conestoga.

“For college students, student loans have already started to affect them and will continue doing so after graduation,” said George A. Gadbois, of Rockville, Md., a student in business administration: banking and finance concentration. “For community members, car loans and mortgages impact them just as much as student loans impact students.”

The financial literacy program, scheduled for 7 p.m. in the college’s Klump Academic Center Auditorium, will feature three keynote speakers from local banks, who will discuss how interest rates impact outstanding loans. They will also discuss the benefits of saving for retirement early compared to waiting. The final topic they will address is credit scores, explaining how the scores can have a lifetime impact. A question-and-answer period will follow.

Guest speakers are Joseph F. Farley, vice president and chief financial officer, Woodlands Bank; Carol J. Welliver, vice president, Woodlands Bank; and Matthew W. Mensinger, vice president, commercial services division, First Keystone Community Bank.

Penn College student organizations supporting the event are the Accounting Society, the Student Managed Investment Fund, Delta Mu Delta Honor Society in Business and Alpha Chi National College Honor Society.

To learn more about accounting, finance and business administration majors at Penn College, call 570-327-4505 or visit the school’s website.

For more about the college, which is celebrating its Centennial throughout 2014, email the Admissions Office or call toll-free 800-367-9222.

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