LIFT Pilot Program Helps Students Make Better Financial Decisions

June 2, 2011:

Menlo College and Citi launched an innovative pilot program, Learn and Invest For Tomorrow (LIFT) designed to teach high school seniors and Menlo College freshman essential financial management tools. The program launch was unveiled in the Russell Center to Bay Area politicians, Silicon Valley executives, and community leaders.

"Best wishes on this new collaboration..." Barbara Boxer, United States Senator

LIFT, a six-week course offered to Woodside High School seniors and Menlo College students, is designed for future replication in high schools and community colleges to teach students how to make good financial choices in their lives. In addition to lessons in financial literacy, the high school students will receive exposure to the college experience, helping them make an informed decision about post-graduation plans, and ultimately increasing enrollment in postsecondary education. The pilot coursework is an outreach program of the College's new Center for Financial Literacy, and will be spearheaded and taught by Associate Professor Donna Little in collaboration with Citi financial executives.

"I'm proud to represent Menlo College." Anna G. Eshoo, Member of Congress

Rebecca Macieira-Kaufman, President of Citibank California and Gina Doynow, National Community Relations Director for Citi were pleased to announce generous funding by Citi for LIFT to address financial literacy, higher education, and economic prosperity for Californians. Sequoia Union School District Superintendent Patrick Gemma referred to high school as the experience that gives Californians their start in life and is pleased to partner in a program that gives students opportunities to succeed.

"Lift will strengthen the financial future of California." Ira Ruskin, Assemblymember, 21st District

Student Body President Hanna Malak said that LIFT will benefit his generation immensely as they face challenges in financing their education and transitioning to careers, particularly during difficult economic times. College President G. Timothy Haight concluded that LIFT is a visionary achievement highlighting the entrepreneurial spirit that symbolizes 21st-Century Menlo College, Silicon Valley's Business School.

"Lift is a step in the right direction." S. Joseph Simitian, State Senator, 11th District

Accolades for the "great partnership" poured in from Senator Barbara Boxer, Congresswoman Anna Eschoo, California State Senators Leland Yee and Joe Simitian, California Assemblymembers Ira Ruskin and Fiona Ma, Redwood City Vice Mayor Alicia Aguirre, Atherton Councilmember Charles Marsala, Redwood City Councilmember Jeff Gee, and Redwood City Mayor Jeff Ira, San Mateo County Sheriff and Menlo College alumnus Greg Munks, Dr. Russell Hancock, President and CEO of Joint Venture Silicon Valley Network. Loretta Doon, CEO for California Society of CPAs and Reynaldo Arellano, CFO of ABS Learning Systems, LLC.

Learn more about the Center for Financial Literacy

Watch a video of the launch event

Look at a photo album of the LIFT Launch