“Taxes and Tacos” event helps UMF students with financial literacy

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FARMINGTON, ME  (February 6, 2019)—How can tacos help students at the University of Maine at Farmington become more financially literate about taxes, debt management and personal finance?

The UMF Financial Literacy Peer Education Program is hosting a “Taxes and Tacos” event for students, 9 a.m.–6:30 p.m., Monday, Feb. 11, in the Kalikow Education Center lobby, to help any students with their state and federal tax filing.

Students are invited to stop by with their financial paperwork, have a “walking taco” and meet with a UMF Peer Educator who has been certified by the Internal Revenue Service as a volunteer tax preparer.

Sarah Hinman, UMF coordinator of the Peer-to-Peer Financial Literacy and Education program, prepares the program’s peer educators for outreach to students.
Sarah Hinman, UMF coordinator of the Peer-to-Peer Financial Literacy and Education program, prepares the program’s peer educators for outreach to students.

In addition to helping students file their taxes, the program’s goal is to increase student financial literacy by raising awareness about the importance of personal money management, student loan borrowing, FAFSA filing, default prevention and financial aid.

Peer Educators are available on campus throughout the academic year to meet one-on-one with students to help them navigate their individual financial picture. Information is also presented in the form of skits, workshops, presentations and visual media. A financial literacy blog on ways to save money, what not to do with subsidized loans, career tips and other important topics can be found at http://www2.umf.maine.edu/financialliteracy/posts/.

Funded by a grant from the Maine Attorney General’s office, the Financial Literacy Peer Education Program’s mission is to implement the program at all seven University of Maine schools over the next three years. The University of Maine at Farmington will be the home base for the program and will host a yearly peer educator training camp.

By the end of the grant’s five year life span the system-wide program will also be involved with outreach to local high schools, middle schools and community colleges.

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Media Contact: Sarah Hinman, UMF coordinator of the Peer-to-Peer Financial Literacy and Education program at 207-778-7840 or sarah.hinman@maine.edu.

EDITOR’S NOTE:
Image: RP189-032
Photo Caption: Sarah Hinman, UMF coordinator of the Peer-to-Peer Financial Literacy and Education program, prepares the program’s peer educators for outreach to students.
Photo Credit: UMF Image

April Mulherin
UMF Associate Director for Media Relations
office: 207-778-7081
cell: 207-491-0064
april.mulherin@maine.edu

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