My Smart Borrowing is an excellent resource if you want to help your student borrow less. This website has a wide range of resources. It even offers five tips for smart borrowing. After you sign up, you can begin browsing the site and having discussions about the information. Your students should be able to navigate the site at their own pace. Have them create a graphic organizer to guide them through the process.
iGrad
iGrad, an online tool, helps you to manage student loan debt and improve your financial literacy. It can help you set a budget so you only borrow what you really need. The program also offers money management tips such as a student loan snapshot tool that allows you to track all federal student loan debt. The platform features videos that show students how to borrow smartly, and how to prepare for repayment. iGrad also submits loan data to National Student Loan Data System. It can be accessed and viewed by approved agencies and lenders.
Financial wellness center
Financial wellness is an essential component of college education. My smart borrowing is one tool that can help students achieve that goal. Whether you're a first-generation college student, a member of a minority group, or an affluent student, you can benefit from this program. This free website contains resources and information to help you start on your path to financial security.
Website for career and college planning
My smart borrowing is a site that provides practical advice about college borrowing. Its College Cost Calculator allows you to compare four college options and project your future financial outlook. This website is designed for current college students and recent graduates who are looking to borrow for college.
Smart borrowing from iGrad
iGrad's student loan repayment initiative provides digital resources and financial education that students can use to manage their student loans. The site offers an interactive tool for tracking student loans. This tool allows students to calculate how much they will have to repay each month after graduation. U.S. News and World Report claims that many fintech companies have played a major role in student loan repayment.
iGrad's loan cancellation tool
The ability to manage your money is one of most valuable skills you can learn in college. Using iGrad’s loan cancellation tool will help you make sure that you don't have too much debt after graduation. This tool lets you view all your loans at once and allows you to talk to a student loan repayment advisor to determine how best to handle your finances.
Understanding loan repayment
Focus groups participants found it difficult to understand the student loan repayment process. Participants experienced many problems with debt repayment including missed payments and delays. They also didn't receive any relief from their financial woes. These borrowers had to make tough tradeoffs to pay their bills on time. Ultimately, these individuals resorted to using short-term solutions, such as deferment and forbearances.
Smart borrowing graphic organizer from iGrad
Smart borrowing skills are essential for college students. The iGrad Financial Wellness Hub can help you make informed decisions about student loan borrowing. The website offers a wealth of information, including articles, videos, and infographics on a variety of topics. There are many topics that can be covered, including investing, student loans, and career planning. iGrad users can also access the calculators to track their financial health and make real-time comparisons.