(San Diego) -- FOR IMMEDIATE RELEASE – College students exposed to financial literacy curriculum borrow less financial aid and are more proficient at money management, according to iGrad’s first annual survey of financial aid administrators.

The iGrad survey, with responses from approximately 300 nonprofit and for-profit institutions, is the first to explore the relationship between student loans and institutional guidance.

Survey findings also conclude that institutions with a multi-departmental financial literacy task force are more likely to achieve substantial student usage for their financial literacy program, as well as more likely to receive institutional funding for their initiatives.

“We’ve seen a lot of...

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