Opportunity
Maximizing the Experience
The student-athlete experience provides innumerable opportunities to teach life lessons. The most untapped lessons are directly aligned with the national standards on financial literacy. SAFE also helps student-athletes understand how to leverage and merge their sports experience with their career goals through “Aspirational Mapping”.
Value
Recognizing the Value of a Scholarship
The true value of an athletic scholarship far exceeds the monetary costs associated with attending college. Still, most student-athletes don’t know the monetary value of their scholarship. Further, in today’s burgeoning business of college sports, there is an added intrinsic value of their education that often goes untapped.
Itemizing expenses and fees allows student-athletes to understand the real monetary value of their scholarship. Showing them the link between their academic discipline and the industry of sports and, ways to leverage it in entrepreneurial ways, illustrates the intrinsic value of their experience.
Responsibility
Teaching Personal Financial Responsibility
Using the actual itemized value of a scholarship, SAFE creates a customized and virtual banking and bill pay experience designed to create positive habits. Student-athletes make monthly payments (for room, board, books, etc.) and institutions customize payments by tuition, housing, meals, etc. Missed or late payments result in penalties within the program and impede progress. Prompt and accurate accounting is rewarded with favorable consequences.