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August 27, 2007 :: Students Sought for Nationally Recognized Service Program

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Students seeking money for college could receive help through a program that teaches Oklahomans about money management. Oklahoma Money Matters (OKMM), the financial literacy arm of the Oklahoma State Regents for Higher Education and the Oklahoma Guaranteed Student Loan Program, is currently accepting member applications for its statewide AmeriCorps Education Award Program, called OKMM-EAP. Up to 35 new positions are now available.

OKMM-EAP members, working at host sites located across the state, are trained to provide free financial education services in their communities. In exchange for their service, members receive a $1,000 education award from the National Service Trust to pay direct educational expenses, such as college tuition, room and board, and to repay student loans. The education award isn’t the only benefit students receive.

“Members finish our program with an impressive array of professional skills and are identified as alumni of a nationally-recognized network of volunteers, which helps them stand out from the crowd when applying for jobs or graduate school,” OKMM Director Angela Caddell said.

Qualified applicants must be at least 17 years old, be a U.S. citizen or U.S. national, and have a high school diploma or GED. No prior financial knowledge is required. All candidates are subject to an Oklahoma State Bureau of Investigation background check.

For an application or more information, visit www.oklahomamoneymatters.org or call 800-970-OKMM.

Oklahoma Money Matters is the financial literacy initiative of the Oklahoma Guaranteed Student Loan Program, a division of the Oklahoma State Regents for Higher Education. OKMM serves as a clearinghouse of information and resources to help Oklahomans successfully manage personal finances, understand consumer credit issues and navigate the student financial aid process.