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).
As a college student it is important to know your resources to help you make smart choices for your future. In today’s world, financial literacy has never been more important. Financial literacy can cover a variety of topics in your daily life such as: balancing your checkbook, paying your bills on time, planning and paying for college. These skills can help you understand on how to make financial decisions and develop good spending habits.
The information offered below is to support you in making some of these financial decisions and to provide you with tips with strategies on how to:
1) Borrow Responsibly
2) Manage your student loans
3) Prepare for loan repayment
In the News…
Saving and Borrowing Money
Helpful Repayment Loan Websites
Direct Loan Servicer Information