In partnership with JPMorganChase and the Evaluation team, MSFCP defined a series of learning outcomes and metrics to evaluate and ensure that participation in MSFCP leads to improved academic success, persistence, credential completion and lifelong financial health
| FINANCIAL HEALTH METRIC | TARGET |
| Create a personal budget | 80% |
| Achieve a financial Goal | 80% |
| Average increase in savings | $350 |
| Average decrease in debt | $350 |
| Participants who increase credit score | 20% |
| Increase credit score | 20 points |
| Complete and pass a credit course | 75% |
| Complete noncredit course modules | 75% |
PERSISTENCE & RETENTION
A key marker of success for the MSFCP program is the strong persistence rates – students continuing in their postsecondary studies or completing a certificate or degree.
- 82.4% of students enrolled in spring 2025 either completed their programs or re-enrolled the next fall
- among four-year institutions, 90% of spring 2025 students completed a credential or returned the following fall
- for community colleges, 74% of spring 2025 students either completed a credential or returned to school
- 85% of first-time, full-time (FTFT) completed a credential or returned to school in fall 2025
FINANCIAL CONFIDENCE
Pre- and post-participation surveys track and assess students’ financial knowledge and capability
- evaluates behaviors, attitudes and perceptions regarding students’ own financial wellness
- measures knowledge of, as well as confidence levels with financial health metrics
