Terrence J has partnered with Black-owned neobank, First Boulevard to launch the “Project Tassels” initiative. Through this initiative, the North Carolina A&T State University graduate will work with First Boulevard to help 1,000 students become more financially literate as they pursue a college degree. The program will teach HBCU students about credit scores, budgeting loans and much more.
“I wasn’t entirely knowledgeable about the importance of financial literacy while attending North Carolina A&T State University, or even at the beginning of my career,” the entertainment mogul said.
“Had I known then what I know now about wealth building, I would’ve taken small steps to better manage my finances sooner. With Project Tassels, helping 1,000 students get the degree they’ve earned will add an additional $1B to circulate within the Black community. It’s a great start, but to really change the game, I’m challenging other organizations to join us.”
Adding on, Terrence J and First Boulevard are working to help 1,000 students reclaim stranded credits. In the end, Terrence J hopes to help 1,000 students obtain degrees or diplomas they may not be able to access due to unpaid debts with their college or university.
“Terrence J has shown a commitment to the advancement of Black America’s youth for years and we couldn’t be more excited to add him to our growing team of advisors and partners,” First Boulevard CEO Donald Hawkins said.
“Through his work with Project Tassels, Terrence J will help over 1,000 people gain a new lease on life and with a focus on financial education, he’ll also make a significant impact on HBCU students by providing modern-day financial tips to avoid the debt trap and reach their goals.”