Delaware State University Selected for National Financial Literacy Initiative with Shawn Carter Foundation and Wharton School

Delaware State University is one of five HBCUs selected for a financial literacy initiative led by the Shawn Carter Foundation and the Wharton School of the University of Pennsylvania. (Photo courtesy of Delaware State University.)

Delaware State University has been selected as one of five historically Black colleges and universities nationwide to participate in a new financial literacy initiative led by the Shawn Carter Foundation in collaboration with the Wharton School of the University of Pennsylvania.

The program, known as the Champions for Financial Literacy initiative, is designed to expand financial education, promote wealth-building strategies and address the racial wealth gap by equipping students and faculty with financial decision-making tools.

As part of the initiative, Delaware State will implement a curriculum developed by Wharton, training participants to serve as financial literacy ambassadors. The program is intended to extend beyond campus, with students and faculty sharing financial knowledge in surrounding communities.

Through the initiative, the university will offer ambassador and peer educator programs, professional development and certification opportunities, and access to financial literacy resources and training, along with community engagement efforts focused on expanding financial equity.

“Our partnership with Champions for Financial Legacy is a cornerstone of our mission to bridge the wealth gap and drive economic mobility,” said DSU President Tony Allen. “By equipping our students with the tools to navigate complex economic landscapes, we are empowering them to build and sustain generational wealth.”

The selection places Delaware State among a small group of HBCUs participating in the national effort as institutions work to expand access to financial education and resources.