Student Aid on the Web Skip Navigation

Financial Literacy

Financial literacy (education on the management of personal finances) is an essential part of planning and paying for postsecondary education. Everyone needs to understand the options with respect to the vast array of financial products, services and providers in order to make sound financial decisions.

Financial literacy also helps you understand how to prevent becoming involved in transactions that are financially destructive –

  1. Don’t sign up for a credit card just to get something free
  2. How to avoid becoming a victim of fraud
  3. How to exercise your consumer protection rights

Links to Financial Literacy InformationTOP

The Web sites listed below provide information on managing personal finances and information on consumer protection. Rather than duplicating the information that is provided on these sites, we are referencing the sites for you to visit and use.

MyMoney.gov is the U.S. government’s Web site dedicated to teaching you the basics about financial education. You will find valuable information on such topics as - budgeting, credit management, saving and investing, financial planning, paying for education beyond high school and managing loan obligations. The free “My Money” Tool Kit package covers publications on saving, investing, protecting and getting the most for your money.

360 Degrees of Financial Literacy, sponsored by The American Institute of Certified Public Accountants, contains articles addressing such topics as: “Freshman Finance 101: Money Management Skills for College students” and “College students and credit cards: What you don’t know can hurt you”.

FDIC Consumer News provides articles on how to become a smarter, safer user of financial services that will protect and stretch your earnings.

Last updated/reviewed June 21, 2007

End of Page