Filene Institute funds first UK student
03 April 2012
Gregory Sheen, a PhD student at LJMU’s Research Unit for Financial Inclusion (RUFI), has won funding support for his studies from the prestigious Filene Credit Union Research Institute in the United States. This is the first time that the Filene Institute has funded a PhD student in the UK to undertake credit union studies.
Greg is in the final year of his studies exploring the scientific relationships between money management and psychological health. The study considers the role that credit unions play in improving financial capability and psychological health.
The Filene Research Institute, based in Madison, Wisconsin, is set up to explore the future of credit unions and consumer finance and analyses managerial problems, public policy questions, and consumer needs. Filene has a limited number of research grants available for PhD students. They award their grants to active PhD candidates researching issues related to consumer finance and/or credit union-related topics.
As a result of obtaining this research grant from Filene, Greg will be extending his research to cover parts of the United States. Filene has also agreed to publish Greg’s research through their networks in the US and there may be future opportunities for him to visit the Filene HQ in Madison, Wisconsin, USA to present the findings of his research.
Greg commented on this success: "I can't believe it. The journey to the completion of any PhD is rarely smooth, but this support from Filene will mean an extension to my studies with an international twist and I am looking forward to the challenge that this brings."
Dr. Paul A Jones, Greg’s PhD supervisor and senior researcher in the Research Unit for Financial Inclusion, in the Faculty of Health and Applied Social Sciences added: "This is a great achievement for Greg. Research into consumer finance and credit union development is important here in the UK and across the world. The links these topics have with health is important. The RUFI team is grateful to Filene for supporting this important study and we look forward to establishing stronger links with Filene in the future."
Ben Rogers, Research Director, Filene Research Institute, said: "It's a useful area of inquiry, especially with its potential to inform public policy discussions. We're excited."
If you are interested in taking part in Greg’s research you can complete the 15 minute survey: http://www.zoomerang.com/Survey/WEB22BN2PNSZB6
For more information about this study please contact: Greg Sheen M: +44 7949 524 735; G.M.Sheen@2004.ljmu.ac.uk.
For further information about the Filene Credit Union Research Institute please visit http://filene.org/home/about