Investing for 7-12th Graders

The East End Educational Enrichment Coalition has announced its sponsorship of a series called “Basic Financial Investment Hands On with the Newsday Stockmarket Game” by East End Kids on Mondays, October 6th—December 15th, 5:30 - 6:30 pm at Floyd Memorial Library in Greenport.

The series is for students grades 7 through 12 who want to learn how to invest using the hands-on Newsday Stockmarket Game.

The cost is $10 per student* payable to EEK, P.O. Box 314, East Marion, N.Y. 11939

Please call to request a spot at 477-1413 or call your local library. Space is limited!! Spot secured when payment is received.

Click here to see flyer.

Scholarship Funds Available from
Farm Bureau

Long Island Farm Bureau invites all Nassau and Suffolk County High School seniors to apply for a $1000 scholarship from Long Island Farm Bureau.

Criteria:
° Students who will continue their education to prepare for a career in some way connected to the diverse agricultural industry.
° Students who live or work on a farm or are involved with agriculture
° Students who are active member of the community

In addition, the Long Island scholarship winner will have an opportunity to compete for additional scholarship funds -- $1,500, $1,200, $1,000 -- at the 2008 New York Farm Bureau "Spring Break" Conference.

Deadline for application is November 21, 2008.

For more information, please contact Natasha Beccaria at Long Island Farm Bureau at 727-3777 or visit the LIFB website.

County Assistance for First-Time Homebuyers

Suffolk County HOME Consortium has a new program in which prospective first-time homebuyers can apply for a down payment assistance of up to a maximum of $12,000 or 14,000 depending on income level.

The program starts as of May 1, 2008. Call the Community Development office at 853-5705 to have your name put on a mailing list. Applications will be mailed out starting May 1st. Applications accepted by mail only, on a first-come, first-served basis.

Assistance available is up to 75% of a down payment towards the purchase of a principal residence, up to a maximum of $12,000 or $14,000, depending on income level. The down payment is defined as the difference between the purchase price of the house and the dollar amount of the mortgage obtained. The program does not fund closing costs.

Links

Easy-to-use calculators and information on family finance topics such as college, retirement, household budgeting, debt, and home finance are available at Choose to Save, a web site of the American Savings Education Council.

Cornell University offers online learning tools and information for teens and young adults (and those of us looking for simplified financial information) at www.addsup.org.