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

Extended Hours

Enrollment and Financial Services, located on the first floor of the Bass Library, will offer extended hours through August including some Saturday hours. 

Click here for extended hours.   

Register Today!

Register today for Fall classes. Classes begin August 25. Learn more and register today at www.lorainccc.edu/register.  

Convocation Office Closure

All LCCC offices will be closed 8:30-11:30 a.m., Wednesday, August 20, 2014 for Convocation.

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.

Campus Tours

Tours for new and prospective LCCC student will be offered at 10 a.m. on Tuesdays and at 4 p.m. on Thursdays through August 21. This is a great way to become familiar with campus and find classes for the upcoming semester. No registration is necessary. Simply show up at the Student Life desk on the second floor of College Center.

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.

Hours of Operation

Please note that campus service hours have been adjusted for summer semester. For a list of updated service hours, please visit www.lorainccc.edu/hours