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

LCCC to Undergo Quality Review

Lorain County Community College is seeking comments from the public about the College in preparation for its periodic evaluation by its regional accrediting agency.

The College will host a visit March 21-23, 2016, with a team representing the Higher Learning Commission (HLC).  The team will review the institution's ongoing ability to meet HLC’s Criteria for Accreditation.
 

Click here to learn more

15 to Finish: Add a Late-Start Class Today

Take at least 15 credit hours per semester and you'll be closer to graduation and closer to your career. There’s still time to add a class to your schedule. Late-start courses begin February 22, March 21 and April 4.
   
Click here to see the short-term class schedule and to register.

Presidential Search

The search for a president to succeed retiring President Dr. Roy A. Church is officially underway.
    
Click here to learn more about the Presidential Search. 

Earn College Credit for Your Experience

Your professional, military or volunteer experience in an applied area may make you eligible to receive college credit. Click here to learn more.   

MyUniversity

Students can save up to 80 percent on the cost of a traditional college degree. Click here to learn more.