Twenty-one students were selected by the Chicago Housing Authority (CHA) to participate in the six-week Financial Literacy and Leadership Institute held at DePaul’s Loop Campus. Hosted by the college's Department of Management, taught by DePaul faculty, sponsored by BMO Harris Bank and coordinated by the CHA, the program featured skill-building lectures, field trips to financial institutions, guest lectures by business executives, and a shopping trip to Macy’s where students were able to select one business appropriate outfit to bring home.
More than 300 students applied to the BMO Harris/CHA program, and the students selected were chosen based upon their academic rigor and leadership potential. They were also paid for their participation. The program is part of a slate of skill-building activities sponsored by the City of Chicago through the CHA.