Minority Retirement Security Grant at Hampton University

Program Overview:

The Minority Retirement & Security Program (MRS) is a first time grant offering administered by the U.S. Department of Education and funded by the Social Security Administration. Hampton University was one of four universities awarded this opportunity. The program at Hampton University  presents a new direction to address the need for financial research and financial education in minority and low income communities.  The program develops minority graduate students to become researchers and community facilitators in financial education. It also peaks their interest in specific financial education research topics.

Purpose:

To increase the number of researchers at Minority Serving Institutions (MSIs)who conduct high quality culturally sensitive research within minority and low-income communities

Specific Research Areas:

  • Financial Literacy
  • Financial Decision Making
  • Retirement Security

Hampton University MRS Grant Team

Dr. Ziette HayesProgram Director/Co-PI
Dr. Ruby BealeFaculty Research Mentor/Co-PI
Dr. Sylvia RoseCommunity Workshop Director
Dr. Leona JohnsonFaculty Research Mentor
Claudia CalderGraduate Research Fellow
Tomas TekleGraduate Research Fellow
Macie OwensGraduate Research Fellow
Shackysha DezonieGraduate Research Fellow

Helpful Links

Money Matters: http://moneymattersmakeitcount.com/Pages/default.aspx

Provides helpful information regarding budgeting, saving, investing, etc.

Credit Bureaus:

Transunion – http://www.transunion.com/
Equifax – http://www.equifax.com/
Experian – http://www.experian.com/

Contact Us

Dr. Ziette Hayes
Program Director
757-727-5166
ziette.hayes@hamptonu.edu

Contact the Program Director with questions/comments!

Sponsored by:

United States Department of Education
United States Social Security Administration
 

Significant Activities

  • April 2014 to May 2015 – Conducted 13 Financial Literacy Workshops in the Hampton Roads Community
  • November 2014 – MRS Grant Program Interview Segment Aired in Season Five, Episode Four of The View from Hampton U. Segment can be viewed at theviewfrom.hamptonu.edu/55824039
  • Publications/Conferences

    • April 2015 – Paper accepted as Conference Proceedings and Presentation at the Allied Academies Spring International Conference in New Orleans.
      “Retirement financial literacy: The role of culturally sensitive financial education workshops”
    • April 2015 – Abstract accepted as Conference Proceedings and Presentation at the International Academy of Business and Public Administration Disciplines (IABPAD) in Dallas, TX
      “Using active learning strategies to conduct financial literacy workshops in underserved populations”
    • March 2014 – MRS faculty/fellows prepared and presented abstract at the Institute of Strategic and International Studies (ISIS) Key West International Multidisciplinary Academic Conference.
      Title: “Training Graduate Students to Deliver Culturally Sensitive Financial Education Workshops in Primarily Low-Income Communities with Longitudinal Research Objectives”
    • August 2014 – Full paper accepted and presented at The Institute of Strategic and International Studies Academic Conference.
      Title: “Training Graduate Students to Deliver Culturally Sensitive Financial Education Workshops in Primarily Low-Income Communities with Longitudinal Research Objectives”
    • August 2014 – Abstract accepted and presented at The Institute of Strategic and International Studies Academic Conference.
      Title: “Credit financial literacy knowledge: the role of culturally sensitive financial education workshops on low to moderate income community participants’ understanding and use of credit”