While Longwood University students may be bombarded with credit card offers when returning to school this year, one of those credit card companies is interested in getting them to use their cards wisely. Longwood, a public, 3700-student university in Farmvile, Virginia, has teamed up with Capital One to offer a college financial education program called MoneyWi$e University. MoneyWi$e University focuses on the basics of budgeting, using credit wisely and making responsible financial decisions.

“For many students, the college years are the first experiences they have living on their own and handling the responsibility of managing money,” said Kerstin M. Soderlund, Longwood’s director of leadership and new student programs. “Providing students with the financial skills they need during their college years will better-prepare them to make good financial decisions throughout their lives,” said Diana Don Colby, director of financial education at Capital One. “And we are very pleased that our MoneyWi$e University program can play a role.” Other MoneyWi$e University program partners include: Washington State University, Boston University, The University of Alabama, St. Francis University, and the University of South Florida.

Published 08/29/05 (Modified 05/07/12)