Navient, the Wilmington-based loan management, servicing and asset recovery company, was honored with the Innovation in Financial Education Award presented by Nasdaq and EverFi. The award recognizes significant efforts to improve the financial capability of young Americans. Twenty-five financial institutions were honored with this distinction at a ceremony hosted yesterday at Nasdaq’s Marketsite headquarters in New York City.
Honorees were selected based on a set of criteria that included the scale and reach of their financial education initiatives, the duration of their commitment, and unique employee volunteering activities that supplement their programs.
“The institutions we’re recognizing here have led exceptional efforts to rethink how financial education is taught in our nation’s schools,” said EverFi founder and CEO Tom Davidson. “Our global competitiveness is dependent on the next generation understanding how the economy works and how to achieve financial security in their lives. We are grateful to the organizations that are helping pave a brighter future for students today.”
As young adults are faced with increasingly complex financial decisions, Navient says it is committed to providing those whose loans the company manages with the skills and knowledge needed in order to succeed. Navient has partnered with education technology company EverFi to launch the Navient Path to Success program that offers online financial education to customers
