OneMain Financial Expands Commitment to Financial Education; Credit Worthy Curriculum Will Reach 2,000 High Schools Annually Through 2029

Rhea-AI Summary

OneMain Financial (NYSE:OMF) announced a significant expansion of its financial education program, Credit Worthy. The program will reach 2,000 high schools annually through 2029, adding 500 schools yearly. The curriculum has already educated over 500,000 students across 4,700 high schools in financial literacy fundamentals.

The program has shown impressive results, with students demonstrating significant improvements in understanding credit: 43% increase in credit acquisition knowledge, 40% increase in credit usage comprehension, and a remarkable 126% increase in credit management understanding. OneMain is also committing to a total scholarship fund of $600,000 through 2029.

Positive

• Program has reached over 500,000 students across 4,700 high schools, demonstrating significant scale
• Strong educational impact with up to 126% improvement in students' credit management understanding
• Present in 17% of all U.S. public high schools across all 50 states
• Total scholarship commitment of $600,000 through 2029

Negative

• None.

NEW YORK, Aug. 27, 2025 /PRNewswire/ -- OneMain Financial today announced an expansion of the company's financial education program, Credit Worthy by OneMain Financial, which will now reach students at an additional 500 high schools annually, targeting 2,000 schools each year through 2029. Building on the success of its first four years, Credit Worthy has already equipped more than a half million students at more than 4,700 high schools with critical skills such as understanding credit scores, managing debt responsibly and developing habits that lead to long-term financial stability.

Research shows that only three in 10 high school students understand credit scores, and even fewer know how to improve a credit score. Through lessons on banking, budgeting, responsible credit use and more, the Credit Worthy curriculum provides students with practical financial skills to help them make informed decisions for their future. Credit Worthy was created in collaboration with EVERFI, the nation's leader in powering social impact through education.

Twenty-nine states require personal finance education as a condition for high school graduation. As more states require some form of financial education to be taught in schools, Credit Worthy is helping to fulfill those requirements in school districts across the country. The program is active in 17 percent of all public high schools across all 50 states, Washington, D.C., and Puerto Rico, reaching students at a critical juncture in their lives with information that can support their future financial well-being and success.  

"When we invest in financial education, we invest in stronger communities and a more empowered next generation," said Paola Garcia Abbo, Vice President and Head of Impact at OneMain. "OneMain is proud to renew our partnership with EVERFI, deepening our commitment to education, volunteerism, and equipping students with the real-world skills they need to succeed."

Research by EVERFI has demonstrated that Credit Worthy is effective in helping students develop skills to better manage credit. Students taking the Build: Credit Fundamentals course showed a 43% increase in their understanding of acquiring credit, a 40% increase in understanding the impacts of increased credit usage, a 126% increase on the topic of managing credit and a 98% increase regarding addressing issues with credit. The research tracked progress of 17,000 high school students across the country.

OneMain also offers the Credit Worthy Family Resource Center and has funded nearly $300,000 in scholarships for students who completed the Credit Worthy curriculum. OneMain will award an additional $300,000 in scholarships through 2029 for a total scholarship fund of $600,000.

About OneMain Financial

OneMain Financial (NYSE: OMF) is the leader in offering nonprime consumers responsible access to credit and is dedicated to improving the financial well-being of hardworking Americans. We empower our customers to solve today's problems and reach a better financial future through personalized solutions across 47 states, available online and in 1,300 locations. OneMain is committed to making a positive impact on the people and the communities we serve. For additional information, please visit OneMainFinancial.com.

Media Contact:
Kelly Ogburn
401-537-9028
kelly.ogburn@omf.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/onemain-financial-expands-commitment-to-financial-education-credit-worthy-curriculum-will-reach-2-000-high-schools-annually-through-2029--302540016.html

SOURCE OneMain Holdings, Inc.

FAQ

How many schools will OneMain Financial's Credit Worthy program reach annually by 2029?

The Credit Worthy program will reach 2,000 high schools annually through 2029, with an addition of 500 schools each year.

What improvements have students shown after completing OneMain's Credit Worthy program?

Students showed a 43% increase in credit acquisition knowledge, 40% increase in credit usage understanding, 126% increase in credit management, and 98% increase in addressing credit issues.

How much is OneMain Financial (OMF) investing in scholarships through the Credit Worthy program?

OneMain is committing a total of $600,000 in scholarships through 2029, with $300,000 already funded and an additional $300,000 planned.

What is the current reach of OneMain Financial's Credit Worthy program?

The program is currently active in 17% of all public high schools across all 50 states, Washington, D.C., and Puerto Rico, having reached over 500,000 students at more than 4,700 high schools.

How many states require personal finance education for high school graduation?

Twenty-nine states currently require personal finance education as a condition for high school graduation.