Financial Literacy Resources

Financial Literacy Tools and Resources:

• Be Fiscally Fit!  Use CashCourse to improve financial literacy and financial well-being.  Make informed financial decisions throughout your college years and into your professional life.
• Get prepared for whatever life has in store: Register for a free account, and take charge of your money.
• Learn to manage your money with free online financial resources at your fingertips.

Federal Loan counseling for all schools on the Reynolda Campus

• (Undergraduate College, Divinity, Graduate Arts & Sciences, Schools of Business, Law)
• Entrance Counseling
• Exit Counseling
• Forgiveness, Cancellation, and Discharge

Student Loan Advisor for Undergraduates

• FinAid Student Loan Advisor
  How much educational debt can you afford?
• Financial Pathways of the Piedmont

  Financial Pathways is a local nonprofit organization in the Winston-Salem community that focuses on providing resources and services to help individuals achieve financial wellbeing. One of the many programs Financial Pathways offers is the Student Loan Debt program which provides counseling services and strategies to tackle paying student loan debt. This program is aimed at anyone with student loan debt, recent graduates and older alumni alike

Student Loan Status

• National Student Loan Data System
  A national database to help students track their educational loans

Loan Repayment Calculators

On-line tools for estimating monthly loan payments after graduation

• FinAid Loan Calculator
• PayBackSmarter
• CashCourse: How Long Will it Take to Pay Off My Loan?
• CashCourse: What Would My Loan Payments Be?
• NerdScholar Student Loan Calculator

Income-Based Repayment

• Income-based repayment of loans (See this video.)
• FinAid Income-Based Loan Repayment Information
• Income-based repayment calculator (15% version)
• Income contingent repayment calculator

Public Service Loan Forgiveness

• Federal Student Aid Public Service Loan Forgiveness

Private Student Loan Consolidation

• A List of Suggested Lenders from Finaid.org
  For recent graduates who need to lower monthly loan payments

Default Facts and Tips

• Student Loan Default Facts and Repayment Tips for Struggling Borrowers
  Steps students can take when having difficulty with loan repayment

Managing Student Loan Debt

• CashCourse: Paying Back Student Loans
  Watch the video
• CashCourse: Paying Back Student Loans
  Register to begin the e-learning course
• Consumer Finance Protection Bureau
  Ombudsman for complaints regarding difficulties with a loan

Federal Student Loan Ombudsman

The Ombudsman Group is dedicated to helping resolve disputes related to Direct Loans, Federal Family Education Loans (FFEL), Program loans, Guaranteed Student Loans, and Perkins Loans.  If you’re in a dispute about your federal student loan, contact the Federal Student Aid Ombudsman Group as a last resort.

• Via on-line assistance: http//studentaid.gov/repay-loans/disputes/prepare
• Via telephone: 877-557-2575
• Via fax: 606-396-4821
• Via mail:

FSA Ombudsman Group
P.O. Box 1843
Monticello, KY 42633

General Financial Literacy Information

• CashCourse
• A Guide to Graduating Debt Free