GCC Students Get a Financial Reality Check With Citi Bank

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Guam –  How much money do you need to live the lifestyle you want to have? 

That’s the question Brian P. Hahn, Citigroup Product Manager for Personal Loans and Insurance, and Connie Moral-Mayers, Citi Public Affairs Manager, posed to 31 high school graduates or incoming seniors today at Guam Community College. The students are enrolled in the six-week Post-Secondary Education Accessibility Initiative (PSEAI) college preparation course funded through a $30,000 grant from Citi Foundation.

[Janeisha Salas, left, a senior at Simon Sanchez High School, and LeSaundra Nauta, a senior at Southern High, react to learning how much money they will need to earn to support a lifestyle chosen collectively by their class in the financial workshop conducted today at GCC By Citi]

Hahn and Moral-Mayers taught the students about wants versus financial needs, checking accounts, debit and credit cards, and how the financial decisions they make can affect their credit rating and their livelihoods. Today’s workshop is the second of three being conducted by Citi for GCC summer programs.

In addition to financial workshops, the Citi PSEAI grant provides for English and Math instructors and coursework, textbooks, tutors, financial aid counseling, college coping skills workshops, placement tests and career interest inventories. An important component of the program is that students are getting a head start on college. Recent graduates can earn general education credits necessary for a degree, while incoming high school senior participants have the opportunity to earn both high school and college credit.