Financial Literacy
Welcome to the Financial Literacy page brought to you by the UW TRIO SSS program. Here you will find videos, graphs, articles and other resources to better understand educational debt, loans, and credit.
Financial Literacy Month: Student Loan Repayment Workshop
Thursday, 4/20 2:30-3:20 MGH 171
Congratulations Scholars! You’re about to graduate from the University of Washington.
The world is waiting for you! A new life, a new job… but what about the student loans you need to pay back?
Student loan repayment doesn’t have to be scary! RSVP to our workshop (https://tinyurl.com/SSSStudentLoan) and we’ll give you some important tips to help you to stay on the right track.
We’ll go over understanding the life of your loan, basics of repayment, deferment/forbearance, forgiveness/cancellation, and consolidation.
Join TRIO SSS and Student Fiscal Services as we present Financial Literacy, our student loan repayment workshop, on April 20th at MGH 171 in the multi-purpose room.
Workshop Focuses:
- Loan life cycle
- Understanding the obligation
- Loan repayment basics
- Income based repayment plan
- Loan consolidation
- Loan deferment, forbearance and cancellation
- Public service loan forgiveness
I hope to see you at the workshop. Thank you. Please RSVP.
Workshop Powerpoint Slides: Loan session for Graduates .pptx
Financial Literacy Month: Workshop Series
To kick off Spring Quarter, our team is featuring a series of workshops on managing money in your life in honor of our annual Financial Literacy Month!
Starting on Thursday, 4/7, there will be a series of workshops every Thursday for the month of April. These workshops are hybrid. If you would like to join us in-person, please come to Mary Gates Hall Room 171. If you want to join online, a zoom link will be emailed to you once you register for the workshop.
Please register for the workshop even if you will be online. This will help with the logistics and if we need to reserve a larger room for our in-person guests.
Foundations in Finance
Date: Thursday, 4/7
Time: 1:00 PM – 2:30 PM
Registration Link: https://tinyurl.com/FLM22WS1
Description of Workshop: Karen Zukaitis is a financial educator and coach of community relations for WSECU. She will be presenting on the Cost of Credit and Foundation in Finance. In Cost of Credit, you will learn Banking 101. What is credit? Why is it important? In the Foundation in Finance, Karen will help you create a financial plan, discuss challenges and barriers of budgeting and discover ways to track your expenses.
Recording Link: https://washington.zoom.us/rec/share/pJPyLZQbLBwSwe7Pi42YNjtpGuOecDW8LG2g-vJV_e8R73BYjyGSfjsXOFXxEbht.d0jHdNvGFdaXqLVl
Living on Your Own: Renting an Apartment
Date: Thursday, 4/14
Time: 1:00 PM – 2:30 PM
Registration Link: https://tinyurl.com/FLM22WS2
Description of Workshop: Are you looking for an apartment, duplex or housing outside of campus? What does the application process look like? How much will it cost? Do you know your tenant rights? Check out this workshop if you’d like to learn what to expect when renting.
Recording Link: https://washington.zoom.us/rec/share/4jw94F2T8iJHiKCRW77aSuvXBBQXDN3e65oCpjd6VCUWlF9UDwAJd8bqrEkuLQRc.yNnzEffWZdKrUkvs
Slides: https://docs.google.com/presentation/d/1RxgY5NA6SrJMrHSO81cK31A0avCDQJJy283CvFDRZIU/edit?usp=sharing
Living on Your Own: Day to Day
Date: Thursday, 4/21
Time: 1:00 PM – 2:30 PM
Registration Link: https://tinyurl.com/FLM22WS3
Description of Workshop: Living on your own is one of the first steps in adulting! But what do you do when the smoke alarm goes off? Or if the toilet overflows? How often are you supposed to wash your bed sheets? And what are some easy ways you can save money day-to-day? If you’d like a crash course on how to successfully live on your own, check out this workshop!
Recording Link: https://washington.zoom.us/rec/share/Flts3IgsLDFhRUW2FtzgqYNZfMq3O4jPj5emzZGIZjF4LcXz-dIKMQNNhcIDUMaq.d8B-uYzHZaSv9FOb
Slides: https://docs.google.com/presentation/d/1VeumgpGZVRSERDnfHiH9pwmxoB_e68H9NvT3UXvTlJg/edit?usp=sharing
Loan Repayment
Date: Thursday, 4/28
Time: 1:00 PM – 2:30 PM
Registration Link: https://tinyurl.com/FLM22WS4
Description of Workshop: Loan Repayment is an important part of life after college. Where do you start? What is the best way to manage student loans? Check out this workshop if you want to learn some tips & tricks in the loan repayment process.
Recording Link: https://washington.zoom.us/rec/share/Xy8ksAUYdyK9QNchatwMaIei5wF00_ibUsHpADmxCfp64iJFuX3cFVwPbdRH-qIp.SUD3bW6XJQzsugOE
Slides: https://drive.google.com/file/d/13TqFu6D-tSJZMWAdxHGUFApNsvhCwNDp/view?usp=sharing
Resources
Financial Basics 101: Preparing You for Financial Stability
Learn the basics of financial literacy! What does Financial Literacy mean? What is the difference between essential and personal expenses? What are some tips on budgeting? If these topics interest you, Click here to watch the presentation–>
Building & Maintaining Credit
Understanding your credit score can be tricky… What is a credit score? Why is it important to have good credit? This presentation gives a brief overview of building and maintaining your credit! Click here to watch the presentation–>
Student Debt: Is It Worth It?
The amount of money Americans owe on student loans recently exceeded the nation’s credit card debt. That may lead many to ask: Is it smart to borrow a lot of money to go to college? Click here to read and hear more about student debt on NPR–>
College Grads and Employment
Employment rates for new college graduates have fallen sharply in the last two years, as have starting salaries for those who can find work. What’s more, only half of the jobs landed by these new graduates even require a college degree, reviving debates about whether higher education is “worth it” after all. Click here to read more about employment for recent college grads–>
PayScale College Salary Report
In today’s tough job market, investing in a four-year degree can help you
land the gig you want. But, before you pay for all that tuition, wouldn’t it be nice to know which are the top college majors and best colleges for earning a big paycheck after graduation? Click here to see PayScale’s College Salary Report–>
Calculate How Your Savings Can Grow
A steady savings plan can produce dramatic results. If you put aside $100 a month starting at age 20 and keep at it, you’ll accumulate more than $114,000 by the time you’re 65. That assumes a 3 percent interest rate. If you sock away $250 a month and rates go up to 5 percent, you’ll end up with more than $500,000. Click here to plug your own numbers into the savings calculator–>
Additional Information:
CashCourse
360 Degrees of Financial Literacy
Spent
Understanding FAFSA
The ABCs of Credit
The Project on Student Debt
My Money.org
Money Counts: Young Adults and Financial Literacy
JumpStart: Financial Smarts for Students
Understanding Your FICO Score
