Money management. Simplified for students. Regions Bank and Auburn University Announce Financial Wellness Platform

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Bank of Regions and Auburn University announced on Tuesday an expansion of the university’s financial wellness resources to help students build practical money management habits and prepare for their financial future.

Starting this month, students can access the award-winning financial literacy platform iGrad as part of Auburn academic collaboration with Regions Next Step, Regions Bank’s No-Fee Financial Wellness Program. The digital platform, used by more than 600 colleges and universities across the United States, combines artificial intelligence with proprietary algorithms to customize a blend of financial education for students based on their needs, goals and experiences . By having access to various multimedia tools, students can learn money management through interactive modules, videos, articles and other content designed to help them build a strong foundation for financial success.

“Adding the iGrad platform to our range of financial tools increases the investment that the university and the Banque des Régions make in our students. financial future,” Acting Provost Vini Nathan said. “We know that financial well-being is a critical factor in the overall health and success of our students, and that knowledge and experience are integral to reduce financial stress.

The iGrad platform identifies content for students on topics ranging from short-term needs and how to successfully manage credit and loans to long-term goals such as future mortgages and even planning for retirement. Other features include a behavioral assessment designed to provide students with their financial “personality,” as well as financial calculators and a real-time budgeting tool.

“Students may face many financial pressures, including money management decisions they’ve never had to make before, but thanks to this collaboration between Auburn University and Regions Bank , resources are now available to help them,” said Regions’ Director of Strategy and Customer Experience. Officer Kate Danella. “Our experience shows that no matter where you are in life, now is the time to take charge of your financial future. And even if you’re starting with limited resources, there’s practical information to help build your financial security over time. We are proud to work with Auburn University to make iGrad available to students as part of our commitment to increasing financial well-being in the communities we serve.

Launched in fall 2020, Auburn’s financial education work with Regions Bank aims to help students set and achieve their own goals. As part of the program, the university hosted several workshops with renowned financial expert Eric Smith, known as the “financial literacy coach,” who works with regions to deliver high-impact budgeting training. , credit ratings, employee savings and Continued. Additionally, branch representatives from local areas host in-person financial wellness talks for Auburn students.

“The iGrad platform is one that brings great benefits to the overall student experience here at Auburn,” said Student Government Association Treasurer Jake Darling. “Financial literacy is important to all members of the Auburn family, and our continued collaboration with Regions Bank is a great way to bring this much-needed resource to the Plains. This program is the realization of our work with students and listening to their feedback, and we are excited to see how they are using this platform to prepare for their financial future.

iGrad’s launch coincides with April, Financial Literacy Month. At a student launch event held on campus on Tuesday, students learned more about iGrad and how to enroll. Regions Bank associates were on hand to share tips and additional resources for financial wellness. Students can access iGrad through AU Access or use their Auburn single sign-on credentials to access the site directly at aub.ie/financialwellness.

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