Financial Literacy

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.

This public awareness campaign at CCD is organized and created by the Money Smarts Team with the goal of helping our students be financially literate regardless of their background and understanding of finances. We aim to provide our students with financial information that will empower them to make sound financial decisions and improve their financial well-being while at CCD and for years to come.

The 2015 Money Smart Week event will be a two-day event filled with fun, food and prices. Food will be provided to attendees at each session. Drawings will be held at the end of each session.

The grand prize will be an iPad drawing at the end of the event. For every session attended, one entry will be submitted for the iPad drawing. The winner will be notified through their email address.

Wednesday, April 22nd, 2015

HEAD AND HEART MATTER

9:00 – 9:45 a.m.

  Presented by: Freddy Burciaga

In this session you will learn of suggestions, information and tools to help understand thoughts, feelings and behaviors around money.  This will be an interactive session with activities to help with money management skills and tips on creating a plan for paying for college.  This will be an opportunity to identify tools that are easily accessible and free with Money 101.

PLANNING FOR THE COSTS OF EDUCATION

10:00 – 11:15 a.m.

  Presented by: Kristi Sullivan, Financial Planners Association

Provides advice on how one can save for their children’s education and includes several investment options to consider.

FINANCIAL FIRE DRILL - HOW TO MANAGE WITH JOB LOSS/INCREASED EXPENSES

11:30 – 12:45 p.m.

  Presented by: Joe Clemens, Financial Planners Association

Designed to help audiences work through how they might cope should their income drop due to a job loss or other adverse event.

BE YOUR OWN BOSS - HOW TO START, OWN AND SELL YOUR OWN BUSINESS

1:00 – 2:15 p.m.

  Presented by: Cody Kneipp, President and CEO of Lair of Abraxas

Interested in being your own boss? Want to start your own business? No one will ever tell you it is easy, but it is well worth the hard work. Learn from someone who has done it, and succeeded. Everyone can be their own boss - come learn how one person did it, and specifically how he managed his money in order to accomplish his dream. You can do it too, come learn how from local entrepreneur!

BUDGETING 101

2:30 – 3:45 p.m.

  Presented by: Patricia Kear, Financial Planners Association

Covers the basics of creating and maintaining a household or personal budget, including why to create one, how to create one and, most importantly, how to stick to one.  Also, addresses the issue of debt – how to manage it and ways to begin eliminating it.

Thursday, April 22nd, 2015

COUPONING 101

9:00 – 9:45 a.m.

Presented by: Angela Rodriguez, Community College of Denver

Want to learn how to shave 50% to 75% or more off your grocery bill? What if you could pay only $0.50 for toothpaste? Does the thought of clipping coupons and hunting down the best deals seem daunting to you? Attend the Couponing 101 workshop to learn how you can start saving $$$!

FINANCIAL PLANNING FOR A HOME OF YOUR OWN

10:00 – 11:15 a.m.

Presented by: Scott Ranby, Financial Planners Association

This presentation helps individuals get started on the path to home ownership by exploring some of the financial considerations involved in buying and owning a home.

FINANCIAL FREEDOM

11:30 – 12:45 p.m.

Presented by: Jay Salas

Feeling like you are chained to debt? Attend the Financial Freedom workshop to learn how to talk, think and act differently about your money.

FINANCIAL PLANNING AND YOUR SMALL BUSINESS

1:00 – 2:15 p.m.

Presented by: Teresa Sanders, Financial Planners Association

Discusses the importance of financial planning related to owning and operating a small business.

FORGING YOUR FINANCIAL FUTURE

2:30 – 3:45 p.m.

  Presented by: Maggie Kirchoff, Financial Planners Association

Provides a great overview of the financial planning process.  Includes information about how a financial planner can help an individual or family.  Also highlights some of the basic financial planning issues for individuals and families.

Join us in the CHERRY CREEK BUILDING, ROOM 102

Cherry Creek Building
1111 W. Colfax Avenue
Denver, CO 80204

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
1.877.331.3262
www.ecmcsolutions.org

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.

Attend a Student Success Workshop

CCD workshops are geared toward our students' financial, academic and lifelong success. View this month's calendar of events.