Earn to Learn FL, a matched-savings financial assistance program, has been awarded a $50,000 grant from the Fifth Third Foundation to further empower low-to-moderate income students through financial education, asset building and workforce development.
The generous grant will allow Earn to Learn FL to expand programs that offer personalized financial capability training, success coaching and financial assistance to students across Florida. Earn to Learn FL’s ultimate goal is for students to earn a college degree or postsecondary credential with minimal to no debt.
“We are honored to support Earn to Learn FL to further empower low-to-moderate income students through financial education, asset building and workforce development.” said John Slavik, South Florida Retail Executive & Senior Vice President, Fifth Third Bank. “We have a long legacy at Fifth Third Bank of supporting our local communities with missions similar to Earn to Learn FL”.
Through the Fifth Third Foundation grant, Earn to Learn FL will designate resources for three primary initiatives:
- Make students aware of career paths to help them achieve their life goals: Funding pays for software programs, technology, coaching support and staff training.
- Demonstrate age-appropriate academic, financial and social maturity skills for college and career readiness: Funding helps establish programs to help students expand their “soft” skills and attend professional networking events.
- Connect students to financial and social resources: Funding helps develop an AmeriCorps “near peer” program, expand success coaching and enhance communications and marketing.
“We are incredibly thankful for support from the Fifth Third Foundation, as well as our other corporate and foundation partners,” said Brenda Tate, CEO of Earn to Learn FL. “With their assistance, we’re able to help additional Florida students pursue their dream of completing a postsecondary education, and graduate with little or no debt.”
Fifth Third Bank established the Fifth Third Foundation in 1948, making it the first financial institution in the U.S. to create a charitable foundation. Today, the foundation supports a variety of causes, from education to the arts and from basic-needs organizations like shelters and counseling centers to environmental projects and animal rescue. In 2018, the Fifth Third Foundation awarded $11.7 million in grants.
For more information, please visit EarnToLearnFL.org or email Brenda Tate at Brenda@EarnToLearnFL.org.
About Earn to Learn FL
Earn to Learn FL empowers low-to-moderate income students in Florida to earn college degrees and professional certifications with little or no debt through matched-savings, personalized financial capability training, and success coaching. Eligible students who establish a habit of saving for higher education can receive matching funds for financial assistance provided by Earn to Learn FL supporters committed to enhancing workforce development and the economic well-being of Florida communities. For more information, please visit EarntoLearnFL.org or call 239-908-0301.
About Fifth Third
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio and the indirect parent company of Fifth Third Bank, an Ohio-chartered bank. As of June 30, 2019, Fifth Third had $169 billion in assets and operated 1,207 full-service Banking Centers and 2,551 ATMs with Fifth Third branding in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia and North Carolina. In total, Fifth Third provides its customers with access to approximately 53,000 fee-free ATMs across the United States. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending and Wealth & Asset Management. Fifth Third is among the largest money managers in the Midwest and, as of June 30, 2019, had $399 billion in assets under care, of which it managed $46 billion for individuals, corporations and not-for-profit organizations through its Trust and Registered Investment Advisory businesses. Investor information and press releases can be viewed at www.53.com. Fifth Third’s common stock is traded on the Nasdaq® Global Select Market under the symbol “FITB.” Fifth Third Bank was established in 1858. Deposit and Credit products are offered by Fifth Third Bank. Member FDIC.