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Institute for Socio-Financial Studies
8 E. Federal Street | PO Box 1824 | Middleburg, VA 20118

Phone 540.687.6080 | Fax 540.687.5353


August 1, 2006

Contact: Lois A. Vitt

ISFS Evaluates Personal Financial Risk Management Program for U.S. Navy

Middleburg, Virginia

ISFS announced today the completion of an evaluation of the Personal Financial Risk Management Program currently being used by the Mid-Atlantic Regional Maintenance Center (MARMC) command of the U. S. Navy in Norfolk, Virginia. The Program has been developed to train mid-level petty officers in the basics of financial literacy.

The content for the evaluation was gathered during a 2-1/2 day "hands-on" workshop conducted by MARMC in March, 2006, and a follow-up focus group held with the participants in June, 2006.

An excerpt from the report covering the findings and recommendations is available on this ISFS website. Those interested in reviewing the complete report or discussing similar evaluation services, should contact Lois A. Vitt directly at the ISFS offices.


The Institute for Socio-Financial Studies takes a cross-disciplinary approach to its research and education by illuminating the human and social concerns within finance and business. ISFS works in the areas of financial literacy education, health care financing, the finances of aging, employee workplace financial education, and investing in the environment, among other issues.

To learn more about the ISFS, visit