Going off to college presents many students with the first opportunity to manage their own money without parental supervision. According to the FDIC, "equipping young people in their formative years with the basics of financial education can give them the knowledge, skills, and confidence they need to manage their finances once they enter the real world." The following resources are designed to help young people balance financial independence with financial responsibility.

 

Education Financing

Student loan repayment information - eCampusTours.com

Borrowers' responsibilities and rights - eCampusTours.com

Financial Aid 101 - eCampusTours.com

Student Loan Repayment Calculator - eCampusTours.com

 

Creating a Student Budget

Surviving on a College Budget - eCampusTours.com

"Guide for Budgeting" - Education Finance Council

"Taking Control of Your Finances: A Special Guide for Young Adults" - FDIC 

40 Money Management Tips Every College Student Should Know - National Endowment for Financial Education

 

Managing Credit

Avoiding Credit Card Woes - eCampusTours.com

Guide to Credit - Education Finance Council

 

Other Financial Literacy Websites:

Jump$tart Coalition for Personal Financial Literacy - Jump$tart is a national coalition of organizations dedicated to improving the financial literacy of pre-kindergarten through college-age youth by providing advocacy, research, standards and educational resources.

MyMoney.gov - MyMoney.gov is the U.S. government's website dedicated to teaching all Americans the basics about financial education.

Money Smart for Young Adults - The FDIC’s Money Smart for Young Adults curriculum helps youth ages 12-20 learn the basics of handling their money and finances.

smartaboutmoney.org - Website of the National Endowment for Financial Education, a nonprofit foundation dedicated to helping you make sound financial decisions throughout life’s ups and downs.