My Smart Borrowing can help you improve student borrowing habits. This website contains a number of resources, including five tips about smart borrowing. After you sign up, you can begin browsing the site and having discussions about the information. Make sure you set a pace and assign students to create a graphic organizer.
iGrad
iGrad is an online tool to help you manage your student loans and financial literacy. It helps you to create a budget, and only borrow what you need. Additionally, you can access money management tips like a student loan snapshot to help you keep track of your federal student debt. The platform also features videos that teach students about smart borrowing and preparing 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 a key component of college education. This program is for you, no matter whether you're first-generation college students, a member or a minority group, and you can also benefit from it. This free website provides information and resources to assist you in your journey to financial well-being.
Website for career and college planning
My smart borrowing is a career and college-planning website that offers practical advice on college borrowing. Its College Cost Calculator allows you to compare four college options and project your future financial outlook. This website was created for recent college students and graduates who wish to borrow for college.
Smart borrowing programs by iGrad
iGrad, as part its student loan repayment initiative offers financial education and other digital resources to assist students in managing their student loans. It also offers an interactive tool that tracks student loans. This tool allows students find out how much money is needed to pay back each monthly after graduation. U.S. News and World Report reports that many fintech companies are helping students repay student loans.
iGrad's loan cancelling tool
One of the most important skills you can learn during college is how to manage money. Using iGrad’s loan cancel tool is a great way to ensure that you don’t end up with too much debt. This tool allows you to view all your loans in one place and you can talk to a Student Loan Repayment Advisor in order to figure out the best way to handle your finances.
Understanding loan repayment
Many focus group participants found the student loan repayment system difficult to use. There were many issues with their debt repayments, including delays and missed payments. They also experienced a lack of immediate and sustained relief from their financial difficulties. This caused financial stress and balance-sheet anxiety. The borrowers had no choice but to make hard tradeoffs in order keep their bills current. These individuals ended up using short-term strategies such as deferment or forbearances.
Smart borrowing graphic organizer by iGrad
Smart borrowing skills are essential for college students. The iGrad Financial Wellness Hub can help you make informed decisions about student loan borrowing. This website provides a wealth information including videos, articles and infographics on many topics. There are many topics that can be covered, including investing, student loans, and career planning. iGrad also offers financial calculators that allow users to monitor their financial status in real-time.