Managing Your Money

Financial Literacy

    Financial Freedom
Financial Literacy Workshops

Students with "FA Workshop" listed on their MyCampus To Do list are required to attend.

Students who want to learn more about Money Management are also encouraged to attend.

Click here to register or to learn more.

Tools
Financial Literacy Websites
Games
Quizzes
Videos, Webinars, Podcasts, & Other Publications

The Path to Financial Freedom

It is essential for students to develop financial literacy skills. Decisions made before and during college will have a major impact on your future. Before making financial decisions, it is important to educate yourself. Provided below are a variety of resources aimed at helping students make informed financial decisions.

1) Apply for financial aid to determine whether you qualify for help paying for college.  

2) Monitor your student loans, avoid borrowing more money than you actually need, and know which repayment option is the best fit for you.

3) Establish, build your credit, and monitor it regularly. In today’s society, having good credit is essential if you ever plan to purchase a new home or car.

  • Obtain 1 free annual credit report every 12 months from each of the nationwide credit bureaus - Equifax, Experian and TransUnion. 
  • If you have old debts, contact your creditors and inquire about the possibility of setting up payment plans.
  • If you need to establish credit, consider obtaining a secured credit card. Educate yourself about secured credit card scams before choosing this option.
  • Pay bills on time. Late payments can have a detrimental effect on your credit score. Organize due dates by creating a bill schedule.

4) Educate yourself about credit cards.

5) Budget your money. Not budgeting is one of the top mistakes college students make.

  • Spend your financial aid refund wisely. Open a checking or savings account so you do not have large sums of cash at your disposal. 
  • To help manage your money, use the budget-by-semester tool to plan for 1 term or the student budget tool to plan for an entire academic year.
  • Take advantage of student discounts, which many area businesses offer.

6) Guard your personal information in order to minimize the possibility of having your identity stolen.

7) Identify ways to reduce spending and save whenever possible.

8)  Avoid payday loans, which are known to have extremely high interest rates, rent-to-own centers, pawnshops, and check cashing stores. 

9) Graduate from college. 

Announcements

It's not too late to register for Fall classes

Short-term fall semester classes begin September 29 and later.  


LCCC North Entrance Closure

LCCC's North Entrance will be closed from 4:40-5:20 p.m., Friday, Sept. 19 for a Cross Country meet. Please plan accordingly.

Get Involved in Student Government

Student Senate seeking candidates for several open positions. To learn more, please stop by the Student Life office in College Center or contact Student Life at (440) 366-4036 or slevents@lorainccc.edu. Application deadline is Sept. 26, 2014.

Public Notice

Accreditation Commission seeks public comments on the associate degree nursing program. Learn more.  

Earn College Credit For Work and Life Experience

Attend an information session for Prior Learning Assessment and find out about the methods used to help you earn college credit for what you have learned through work and life experiences.
 
Click here to learn more and register.

MyUniversity

Students can save up to 80 percent on the cost of a traditional college degree. Learn more at www.lorainccc.edu/myuniversity.

MyTuition Guarantee

LCCC students now have the opportunity to participate in the MyTuition Guarantee. This new program holds tuition and fee rates for students registering in fall 2014 and spring 2015 for up to three years or until the completion of a degree, whichever comes first.
  
Click here to learn more and to complete the Completion Pledge. 

Lorain County WIN

LCCC and the JVS have launched Lorain County WIN (Workforce Innovation Network), a new partnership providing workforce training to Lorain County. Learn more at www.loraincountywins.com.