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New Mexico State University

New Mexico State University

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NMSU’s Red to Green program receives grant from Wells Fargo Foundation to continue financial education

Navigating financial matters can be complex and daunting tasks, and the Red to Green Financial Wellness program at New Mexico State University offers resources to help students understand the challenges.


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New Mexico State University’s Red to Green Financial Wellness program partners with the Wells Fargo Foundation to teach students financial wellness and education and offers a series of financial workshops, peer-to-peer mentoring, in-class presentations and an annual financial wellness fair. (NMSU logo)

“In my opinion, financial wellness and education is one of the most important components, not only to gaining access to a quality education, but supporting those efforts during their academic matriculation and the rest of their adult lives,” said Patrick Turner, NMSU’s associate director of academic success.

“Students should have a clear and comprehensive grasp of how the decisions they make now will impact them for the rest of their adult lives. It can make the difference between having access to the American dream or being excluded from that great opportunity.”

The Red to Green Financial Wellness program, which is housed in the Student Success Center, partners with the Wells Fargo Foundation to teach students financial wellness and education. The NMSU Foundation recently received a $16,000 grant from the group to support the Red to Green Financial Wellness program for the 2019-2020 academic year – a program it has supported every year since 2012.

“We are proud of our long-standing partnership with the Wells Fargo Foundation and the impact they continue to make on our students every year,” said Tina Byford, interim vice president of University Advancement. “Because of them, our students are not only gaining an education in their chosen path of study but they are also learning practical, everyday skills they need to succeed financially now and in the future. These skills are life-changing for each student as well as their families, giving NMSU the tools to initiate social mobility for its students.”

A series of financial workshops, peer-to-peer mentoring, in-class presentations, an annual financial wellness fair along with presentations from Wells Fargo representatives are offered throughout the academic year on campus.

“The Red to Green Financial Wellness program has assisted hundreds of students enhance their financial outlook,” said Tony Marin, assistant vice president of student affairs. “Through the generous support of the Wells Fargo Foundation, the program will continue to offer financial wellness services by offering workshops, classroom presentations, online modules, peer-led advisement sessions, UNIV 114 Money Matters course and by hosting our annual financial wellness fair in collaboration with our local and regional community partners. The Red to Green Financial Wellness Program will continue to evolve and offer evidence-based services to the Aggie community.”

Topics discussed in the program include financial aid, scholarships, establishing good credit, budget planning, credit cards, purchasing a home, buying a car, student loans and more.

Turner said he believes the two biggest hurdles to financial wellness for students is a lack of education and access to available resources.

“I think most students, as well as adults, don’t quite understand how money, finances and financial matters work,” he said. “And depending on your background, culture and experience, many of us were never really exposed to financial education and literacy. Often, it is just not a topic discussed in many family households, especially if you are from a low socioeconomic background. Sometimes it can be viewed as a taboo topic.

“The program provides the education that fills the gap or lack of knowledge regarding financial matters while also minimizing some of the fear of discussion around the topic.”

To learn more about the Red to Green Financial Wellness program visit https://ssc.nmsu.edu/red-green-money-management/ or call 575-646-3136.