Financial Help from Colleges
“Monetary troubles distract learners from their lessons. A large amount of freshmen come to university grounds with little sensible monetary information, such as how to balance a checkbook or make a budget,” University of Louisville (U of L) Financial Aid Director Pat Arauz said: “Students require this knowledge to be winning in school. They require making the monetary help they get last for the entire semester and confirm they’re not taking on too much money owing, particularly credit card debt.”
Consistent with Arauz, more than a few students have benefited from the course. “Subsequent to attending a seminar, a student came to the monetary help agency to ask about student loans,” Arauz said. “The student said she had been using credit cards to disburse for college needs and not paying the balance monthly. She said the discussion groups made her understand it was better to remove student loans.”
Arauz says 700 learners went to a Financial Fiesta at U of L last fall. It was an enormous achievement, and one more holiday is planned this coming fall semester. KHEAA and The Student Loan People as well perform seminars for individual classrooms as fraction of the course. Schools interested in having an “It’s Money, Baby” arrangement may call (800) 928-8926, Option 0. Students and parents are able to access the “It’s Money, Baby” brochure online at www. kheaa.com/ pdf/ItsMoneyBaby. pdf.
KHEAA is the state organization that administers the Kentucky Educational Excellence Scholarship (KEES), need-based grants, in addition to other student help programs as well as guarantees Federal Family Education Loans to aid Kentuckians disburse higher education expenses. The Student Loan People is KHEAA’s sister organization and Kentucky’s just civic, nonprofit student loan supplier.
Posted: March 31st, 2008 under Financial Aid for Education Information.
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