Build Financial Literacy
College can be a time of new found freedom for many students. With that freedom also comes the need to understand money management, including how to live within a budget, be responsible with your credit, and maintain debt management. A solid financial foundation can lead to a lifetime of financial success. And while the path to financial health can be perilous, tools such as budgets, SLOPE calculators, and loan repayment options are available to the financially-literate student.
What is Financial Literacy?
According to the JumpStart Coalition for Financial Literacy, it is “the ability to use knowledge and skills to manage one’s financial resources effectively for lifetime security.”
At CCD, we want our students to be financially literate, to manage your personal finances and to understand your student financial aid, as well as loan debt. Our goal is to provide you with financial information that will empower you to make sound financial decisions and improve your present and long-term financial well-being.
Various financial literacy resources are available throughout campus, including group workshops, one-on-one sessions, campus-wide fairs, online resources, and in-class presentations.
For more information, contact Gabriel Godoy at CCD.MoneySmart@ccd.edu. He’s the Financial Awareness Manager in the Financial Aid Office and is here to help you understand your finances.
To help ensure your success, we’ve teamed up with Solutions at ECMC to provide you with a single resource for all your student loan-related questions. ECMC is a non-profit organization dedicated to helping students manage educational loans and their resources are available to you free of charge.
Solutions at ECMC
Contact Them with Student Loan Questions
- One-on-One Federal Student Loan Repayment Advice.
- How to Make Payments.
- Know What You Owe.
- Forbearances & Deferments – What They Are & Why Do You Need Them?
- Student Loan Forgiveness
NSLDS.ed.gov - This is an online tracking system is the U.S. Department of Education's central database for student loans and grants. You can use it for
- identifying the types of student loans you have (subsidized and/or unsubsidized),
- viewing your student loan balances and interest rate,
- identifying your student loan servicers and locating their contact information, and
- identifying PELL usage (max of 600%).
StudentLoans.gov - This site is your source for information from the U.S. Department of Education about how to manage your student loans. You can use it for
- completing entrance counseling,
- requesting a Direct PLUS Loan, and
- completing a Master Promissory Note.
StudentAid.ed.gov - This site is the U.S. Department of Education’s general college aid information site. You can use it for obtaining information on payment options available on your student loans:
- Standard Repayment
- Graduated Repayment
- Income-Contingent Repayment (ICR)
- Income-Sensitive Repayment (ISR)
- Extended Repayment
- Income-Based Repayment (IBR)
- Finding information on deferment, forbearance, and other types of payment relief.
- Researching loan consolidation options for federal student loans.
- Information on loan forgiveness for federal loans.
This year's iPad winner is Laura Nahsim. Congratulations, Laura! Thanks for being a part of Money Smart Week this year!
Check back next year for information on Money Smart Week 2016!
Attend a Student Success Workshop
CCD workshops are geared toward our students' financial, academic and lifelong success. View this month's calendar of events.