SPRINGFIELD — Springfield Technical Community College (STCC) will host the opening of Springfield’s first Thrive Financial Success Center on Thursday, Dec. 3, with a ceremony in the President’s Conference Room in Garvey Hall (Building 16) at 11 a.m.
Thrive is a collaborative effort between United Way of Pioneer Valley and STCC to provide financial education and support services to students and community residents. It is supported by PeoplesBank, MassMutual, the Irene E. and George A. Davis Foundation, the United Way of Pioneer Valley, and the STCC Foundation.
“After the success of the Thrive Financial Success Centers at Holyoke Community College and in downtown Holyoke, we are thrilled to open a third Thrive Center at Springfield Technical Community College,” said United Way of Pioneer Valley President and CEO Dora Robinson. “At the United Way of Pioneer Valley, we believe basic financial literacy should be a key aspect of everyone’s education. No career goal or life’s ambition should be hindered because a person doesn’t know how to balance their checkbook or maintain a good credit rating.”
Thrive @ STCC anticipates it will serve 400 individuals in its first year of operation. Program offerings include confidential benefits screening and enrollment, a money-skills class, individual financial coaching sessions, free income-tax prepatration through the Volunteer Income Tax Assistance (VITA) program, links to workforce-development and training workshops, and LifeBridge, MassMutual’s free life-insurance program.
Thrive Centers currently operate in partnership with the United Way at Holyoke Community College and at the Picknelly Adult and Family Education Center in downtown Holyoke.
“Building financial awareness and planning skills is essential to our students’ and our community’s economic prosperity,” said STCC President Ira Rubenzahl. “Many of our students are overburdened with outside financial struggles. Coupling career guidance with access to financial coaching will assist Thrive participants to make informed decisions that will make their lives easier, allow them to remain focused on their studies, and prepare them for future employment.”