FAMU Researcher to Lead National $200,000 Grant to Study Financial Education’s Community Impact

February 18, 2026 | news.famu.edu

Students in the Society for Financial Education and Professional Development Inc. (SFEPD) are participating in a research study designed to measure how financial education spreads through student communities and networks.

The Ripple Effects study examines how financial knowledge gained by students extends beyond the classroom and influences the financial behaviors and well-being of people in their surrounding communities. Researchers will analyze whether financial education among students at Florida A&M University and other historically Black colleges and universities is associated with stronger financial habits across their peer and family networks.

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