There’s a disparity in the rates of financial literacy across racial and ethnic groups in the United States.
Since its founding in 2022, the Alpha Phi-nance Academy has brought financial literacy classes to Washington, D.C. school students.
Even though African Americans make a significant economic contribution in the United States, their financial wellness lags behind that of the rest of the country.
The Alpha Phi Alpha Fraternity Inc. Omicron Eta Lambda Chapter teams up with D.C. schools and financial institutions to help bridge the financial literacy gap.
Alpha Phi-nance Academy showed me how the real world moves. In the next few months, we will be out in the real world, going to college or the military or getting a job and getting married. This class shows how the world operates.
Ricquan Greenfield, participant Tweet
Participating Schools
- Friendship Technology Preparatory Academy
- Maya Angelou Public Charter School
- Ron Brown College Preparatory High School
Alpha Phi-nance Academy in the news
Fraternity partners with Wells Fargo to bring to financial literacy classes to DC schools
ABC7 – WJLA
April 24, 2024
Fraternity partners with Wells Fargo to bring to financial literacy classes to DC schools
My Fraternity Life
April 25, 2024
Maya Angelou Students Learn Budgeting 101
The Washington Informer
October 28, 2024