Money Management for Undergraduates

We want all of our students to become educated consumers so that they can make smart decisions when handling their finances.

The National Endowment for Financial Education developed the cashcourse.org web site specifically to help college-age students on campuses across the country. Money management skills and access to personal financial planning resources are necessary for college students to build a healthy financial future. We are pleased that we can offer this important resource to our students.

- Worksheets to help you organize your finances:

MyMoney.gov is the U.S. government's website dedicated to teaching all Americans the basics about financial education.

New Legislation

President Obama signed the American Recovery and Reinvestment Act (ARRA) into law on February 17, 2009. The purpose of the Act (known as the Stimulus Bill) is to preserve and create jobs; promote economic recovery; assist those most impacted by the recession; provide investments needed to provide long-term economic benefits; and to stabilize state and local government budgets.

The stimulus bill is notable not just for funding increases for student aid, but for a significant increase in refundable tax credits for 2009 and 2010. Refundable credits mean taxpayers may receive refunds even when they do not owe any tax, allowing low income students who have no tax liability to benefit. Read more about these changes

Additional Online Counseling Tools from Lenders/Guaranty Agencies:

  • The Truth About Credit-  Truth About Credit is a project of the U.S. PIRG Education Fund and the Student PIRGs (Public Interest Research Groups). It aims to raise awareness about the extreme credit card debt affecting many college students today.
  • The Education Finance Council (EFC) is an association of nonprofit and state-based student loan providers. These public purpose organizations are dedicated to the single purpose of making college more affordable. Check their page on Financial Literacy Resources.
  • Louisiana's Office of Student Financial Assistance's Financial Literacy for You ("FLY")Program provides online brochures on a wide variety of topics.
  • Mapping Your Future offers an online life skills and financial literacy game at Show Me the Future
  • The Texas Guaranteed Student Loan Corporation offers Adventures in Education, a comprehensive site with dedicated pages for students of all ages.
  • ED FUND and UCLA developed the ED WISE® Online Financial Planning Guide in a collaborative effort to provide a useful loan management tool for students
  • Sallie Mae offers the Be Debt Savy, a comprehensive website designed to help families plan for paying for college.
  • National Student Loan Program offers a new Financial Literacy Online program.

Other Information

 

Updated November 1, 2009