SIFE Wins Regional Competition, Receives Gift from State Farm for Community Projects

Truman Students in Free Enterprise (SIFE) captured the SIFE Regional Competition, March 27 in Rogers, Ark. With the win, the team advances to compete at the 2009 SIFE USA National Exposition in Philadelphia, May 10-12.

In addition to continued success in competitions, Truman SIFE has launched projects to help educate the campus and the community about finance. State Farm Insurance recently donated $5,000 to Truman SIFE to help fund the organizations projects.

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Members of Truman SIFE accept a $5,000 contribution from State Farm Insurance to help provide funding for the organizations ongoing projects. Also pictured are University President Darrell Krueger, Provost and Vice President for Academic Affairs Troy Paino, and School of Business Dean Renee Wachter.

The first project targets the international community at Truman. Every year about 100 international students and 20 exchange students arrive at the University. Many have no prior knowledge of the American banking system. Truman SIFE members will create an informational brochure on bank accounts, credit cards, and buying and selling textbooks. SIFE plans to distribute the brochures to incoming international and exchange students during the 2009 Fall International Orientation.

Truman SIFE is also taking their financial skills outside of the Truman community, to Milan, Mo., a small town with a large number of Spanish-speaking residents. Due to the language barrier, some residents have trouble managing their personal finances. SIFE has teamed up with Hablantes Unidos, a Spanish student association at Truman, to provide education in basic personal finance to members of the Spanish-speaking community. Some topics covered by the course include how to open a bank account, writing and recording checks, balancing a checkbook, debit and credit cards, and instruction of basic financial terminology.

For more information about SIFE and upcoming projects visit their website at

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