Center for Financial Literacy - Indian River State College
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Center for Financial Literacy

The IRSC Center for Financial Literacy (CFFL) is the recipient of the Marilyn C. Link Endowed Teaching Chair in Financial Management from 2017 to 2020. The Center’s mission is to provide financial literacy educational programs, activities and materials to assist students and the community in making informed financial decision-making.

Financial Literacy

A study by the Program for International Assessment (PISA, 2012) showed that 15-year-old American students ranked 8th among their counterparts in 18 countries in financial literacy. Almost 18% of American students cannot perform basic financial literacy tasks (Lusardi, 2015). Farrington (2014) claimed that college graduates lack basic financial literacy in issues of spending, use of debit and credit cards, budgeting, debt management and saving. The CCFL webpage provides essential tools and resources to prepare students to improve their financial decision-making to enable them to achieve long-term financial stability while promoting critical thinking in applied contexts to assist them in succeeding in their academic pathways. There is a need to address financial literacy in college to be able to provide prospective employers with graduates who are not only skillful in their professions but proficient in money management and financial decision-making.

The President’s Advisory Council on Financial Literacy defines personal financial literacy as “the ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being.” (2008 Annual Report to the President).

CashCourse Financial Literacy Model

CashCourse is a financial literacy module provided by the National Endowment for Financial Education (NEFE), a leading private, non-profit national foundation dedicated to helping individuals and families make sound financial decisions through education, research and consumer surveys. CashCourse provides free online education, customizable financial tools such as worksheets and calculators, and articles and other resources that can help in financial decision-making.

Students and other learners can use CashCourse to inform financial choices by registering for a free online account. Features include worksheets, a Budget Wizard, calculators, a personal dashboard and guide to real-life money questions.

Financial Literacy Lecture Series

The Financial Literacy Lecture Series for April 2020 has been canceled in accordance with IRSC's response to Coronavirus.

The IRSC Center for Financial Literacy has presented multi-day lecture programs featuring professional speakers presenting on such topics as credit management and identity theft, savings and insurance, and dealing with financial trouble.


Maria Salome E. Davis, D.B.A.
Professor, Social Sciences Department
Recipient of the Marilyn C. Link Endowed Teaching Chair in Financial Management
IRSC Center for Financial Literacy

Joseph Semprevivo
Consultant for IRSC Center for Financial Literacy
Adjunct, IRSC Business Technology Department

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