Financial Literacy

The White House defined personal financial literacy as “the ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being” (2008 Annual Report to the President).

Financial literacy can cover a variety of topics, from daily tasks such as balancing your checkbook or paying your bills, planning and paying for postsecondary education, to long-term objectives like buying a home or planning for retirement.

The information offered below is to support you in making some of these financial decisions, and to provide you with tips and strategies on how to 1) borrow responsibly, 2) manage your student loans, and 3) prepare for loan repayment.

In the News…

Student Loan Grace Period Over, Now What?

9 Tips to Scale Back Student Loan Payments

10 Tips for Zapping Student Loan Debt

Saving and Borrowing Money


Money Basics


Credit Cards


Financial Knowledge

U.S. Governments Website for Financial Education Instruction:

Personal Financial Literacy

Manage Your Money Literacy Program

Helpful Repayment Loan Websites

Income-Based Repayment

Public Service Loan Forgiveness

Repaying Student Loans Quick Reference Guide

Repayment Plans and Calculator

To view your Federal Student Loan Indebtedness:

To get your Free Annual Credit Report:

Direct Loan Servicer Information

Direct Loans (800) 848-0979

Great Lakes (800) 236-4300

Mohela (888) 866-4352

Nelnet (888) 486-4722

Pennsylvania Higher Education Assistance Agency (PHEAA) (800) 699-2908

Sallie Mae (800) 722-1300