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Financial Literacy
ResourcesMAGGIE KUHL & KAITLYN KEECH
Question for you...
What does it mean to be financially literate?
What is financial literacy?
General Definition
The ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial wellbeing.
2008 Annual Report, President's Advisory Council on Financial Literacy
For Our Purposes
The ability for postsecondary students to use knowledge and skills to make good decisions related to budgeting, borrowing, and repayment strategies.
Financial literacy resources...
Can help build financial capability to make
smart choices about reaching graduation,
learning to stay within a budget, and promoting
lifelong financial health
GradReady: What is it?
Financial literacy resource
Provided by NorthStar Education Services
Interactive, online learning program
Three parts
Paying for College
Money Management
Real-World Finance
FREE!
GradReady: Benefits
Can be used throughout enrollment and after graduation or
separation from school
Become financially literate and knowledgeable about your loans
Have a better understanding of money management such as developing budgets
Prepare for future finances
GradReady: Benefits
Provides different methods to appeal to one's preferred way to learn
Videos
Downloadable PDFs
Interactive components
Budget/financing plan
Debt-o-Meter
Electronic Loan Counselor
Quizzes
Path 1: Paying for College
Different federal student loans
Free Application for Federal
Student Aid (FAFSA)
Work study
Scholarships
And other ways to help you pay
for college!
Path 2: Money Management
Budgeting
Credit
Tracking your expenses
Banking
Identity theft
And more personal finance topics!
Path 3: Real-World Finance
Tips on paying back student loans
Real-world finance
Mortgages
Retirement savings plans
And more!
GradReady: How to Sign Up
Go to www.uwsp.gradready.com/
Use your UW-Stevens Point email and password to create an
account
You're in!
Federal Student Aid
Federal Loans First: https://studentaid.ed.gov/sa/types/loans/federal-vs-private
Understand differences between federal and private loans
Borrow Smart: https://studentaid.ed.gov/sa/types/loans
All you need to know about federal student loans
Federal Student Aid
Federal student loans interest rates
https://studentaid.ed.gov/sa/types/loans/interest-rates
National Student Loan Data System
https://www.nslds.ed.gov/nslds/nslds_SA/
Sign in with your FSA ID
Central database for student aid
Know what you owe as you go
School of Business and Economics
Financial Coaching Program
For students, by students
Set up an appointment with a student financial mentor
https://www.uwsp.edu/busecon/Pages/Resources/FinancialCoaching.aspx
University Blog
http://blog.uwsp.edu/blog/author/kkeec599/
UWSP Financial Aid Twitter
Follow us on
UWSPFinAidhttps://twitter.com/UWSPFinAid
UWSP Financial Aid Staff
Individual appointments can be made with our staff to assist you
with financial aid-related questions.
Meet our staff at:
www.uwsp.edu/finaid/pages/staff.aspx
We are happy to help you!
Questions?