WIL Australia Research Conversation

Addressing the impact of financial literacy on financial stress, wellbeing & participation in unpaid WIL

11 March 2025

17:00 AEST

Date:

11 March 2025

Time:

17:00 AEST

Location:

Online

Addressing the impact of financial literacy on financial stress, wellbeing & participation in unpaid WIL

Never has the welfare of WIL students been more in the public eye. Last years’ announcement of the Commonwealth Prac Payment drew attention to the financial hardship created by extended placements. This seminar discusses the findings of ACEN-funded research conducted by Professor Deanna Grant-Smith and Dr Laura de Zwaan which identified placement experiences and characteristics associated with elevated levels of general and financial stress, as well as potential financial risk factors associated with choosing not to undertake a placement. It determined that adopting a risk assessment framework may assist in the design and delivery of placements that prioritise student WIL wellbeing by maximising opportunities for student success and actively seeking to identify, manage and mitigate potential negative impacts.

Presenter

Rachael Baron Portrait

Professor Deanna Grant-Smith

University of the Sunshine Coast

Professor Deanna Grant-Smith is Discipline Lead of Management in the School of Business and Creative Industries, University of the Sunshine Coast. Her research explores decent work and for the last decade she has been exploring the wellbeing of WIL students and staff.