Date: 01/22/2014 Announcement: Minorities and Retirement Security (MRS) Program Grant
From: Aref Aghaei Hervani / Project Director Contact: SCI 255 / 773-995-3827 / firstname.lastname@example.org.
The Department of Education (ED) and the Social Security Administration (SSA) have
established the Minorities and Retirement Security (MRS) Program to increase and enhance
the capacity for research, and research performance and publication, by MSIs in the
areas of retirement security, financial literacy and financial decision making within
minority and low-income communities. These grants also seek to expand the talent pool
of scientists and researchers from minority-serving institutions who are prepared
to conduct rigorous research in this area.
The U.S. Department of Education On September 27, 2013, in partnership with the Social
Security Administration, announced Chicago State University was awarded $466,603 to
conduct research in the areas of retirement security, financial literacy, and financial
decision-making within minority and low-income communities. The purpose of the grant
is to provide opportunities for graduate students at institutions with high proportions
of minority and low income students to conduct rigorous research in these needed fields;
and to address the financial literacy and retirement planning needs within minority
and low-income communities.
Successful candidates should be able to demonstrate, with samples of past work, having
attained a certain level of scientific maturity in their performance, and reading,
writing, comprehension, and presentation skills. They should be able to demonstrate,
with samples of past work, having attained a certain level of scientific maturity
in their performance, and reading, writing, comprehension, and presentation skills.
They will be expected to have completed at minimum, past coursework in a calculus
based statistics course (MATH 4600), or research design.
- Make good faith attempts to be trained in research and publish.
- Demonstrate writing acumen, problem-solving, research design and analysis, and use
- Demonstrate organizational and interpersonal skills, ethical awareness, and cultural
- Perform other related duties and responsibilities as assigned.
Fellows will be assigned to one of three interdisciplinary research workgroups of
2-3 students per team. Fellows will have access to all mentors, but to have more accountability
of mentors, each group will be assigned to a single faculty mentor as a principle
mentor of the group. CSU has identified three areas of inquiry as they relate to the
Absolute Priority and each group will undertake a single area of focus:
- Group I will design a research program to analyze/collect data on the impact, scope
and duration of behavioral change among minority groups who have participated in financial
- Group II will design a research program to analyze/collect data that focuses on demographics
and wealth disparities among retiring low income and minority groups.
- Group III will be trained to analyze the findings from Group I and Group II in order
to develop mathematical models on retirement security and financial literacy for low
income and minority communities.
- Course credit: To ensure timely graduation, Fellows will be permitted to register
up to six hours of graduate credit in research or special topics courses in their
The best candidates will be selected from among the CSU graduate student population
using a competitive application and interview process. Successful candidates will
be expected to have completed at minimum, past coursework in a calculus based statistics
course, or research design. All applicants will be required to sit for a personal
interview with the project staff. Applicants will be evaluated on the basis of a combination
of the strength and the quality of their academic transcript, his or her attunement
with the project's research edict, expressed interest and research experiences, and
potential to successfully complete a research-based program. All applicants must be
admitted to a CSU graduate program, preferably Mathematics, Criminal Justice, Psychology,
GIS, and Social Sciences at the time of application (Note: there is no graduate program
Currently enrolled CSU degree-seeking, graduate student in good standing who will
meet the selection criteria determined by the project. Applicants should possess the
knowledge and skills to perform ethically and effectively as practitioners, and decision-makers.
Varies (minimum of 12-15 hours per week for 12 months) Project Stipend as a trainee:
$6500 (12 months, paid in stipulated installments) Reports To: Faculty Research Mentors;
and Project Director Positions Supervised: None.