Financial Aid: Financial Literacy
Personal financial literacy is more than just being able to balance a checkbook, compare prices or get a job. It also includes skills like long-term vision and planning for the future, and the discipline to use those skills every day.
The Higher Education Opportunity Act (sections 1041 and 1042) requires the Secretary of the Treasury in consultation with the Secretary of Education and other agencies to enhance financial literacy among postsecondary students through developing initiatives, programs and curricula that improve student awareness of short- and long-term costs associated with student loans and other debts and assisting students in navigating the financial aid process.
The following information is available to help educate our students and families and assist them in making informed decisions to reach their financial goals.
This website is designed to help you learn about:
- Affording college and the changing direct/indirect costs of higher education.
- Identifying strategies for paying for school and other expenses.
- Managing student loans without feeling overwhelmed.
- Identifying which important money management skills to develop.
- SALT—Free a free online financial literacy tool, to help you manage your money and loans more effectively.
Financial Literacy Resources
- Managing Your Money—9 Tips to Achieving Financial Wellness
- Budget Worksheet
- Strategies to Save Money
- Set Your Financial Goals
- Credit Card Tips
- How to Avoid Identity Theft