USG Financial Wellness Information
Our mission is to provide students with financial wellness information to assist in topics related to managing personal finances. These topics include, but are not limited to, paying for college, budgeting, savings, and personal credit.
Paying for College
Funding your education is important and this requires you to plan and be mindful of the resources that are available to assist you with this process.
- Federal Student Aid
- Financial Literacy Guidance from Federal Student Aid
- Free Application for Federal Student Aid
- FASFA Simplification Act (Coming 2024-2025)
- USG Financial Aid Information
- Consumer Financial Protection Bureau
- Tax Information for Students
- Savings for College
- College Savings Plans Network
- Maryland Center for Collegiate Financial Wellness
Additional Scholarship Resources
- USG Scholarships
- Maryland Higher Education Commission (MHEC)
- U.S. Department of Labor Scholarship Search Tool
- Fastweb
- Visit your home institution’s financial aid/scholarship website
Budgeting
Budgeting can help you track your bills and living expenses, pay off your loans, and save money. A budget is a detailed view of how much income you have and a list of your expenses for a specific period in order for you to see and take control of your finances and consider the impact on your financial future.
Personal Credit
Credit is borrowed funds to assist with major purchase(s). Maintaining good credit is important to qualify for mortgages, auto loans, and credit cards. In some cases, credit is used to qualify for certain jobs and security clearance.
Loan Management
Borrowing student loans can be frightening and if not managed, can affect your life in the end. Here are three basic tips to help you with loan management from your time in school and beyond:
1. Know how much you borrowed in loans
2. Know your student loan servicer
3. Understand loan terms and repayment options.
Loan Mangement Resources
- Studentloans.gov - This site provides information for students and parents that are looking to obtain new student loans and for those who are in the process of repaying their loans. The site also houses documentation that has to be completed such as the Master Promissory Note, Entrance Counseling, and repayment plan applications.
- Repaying Student Debt - This valuable tool provides information on resources on how to pay off student loans based on your current situation and other options.
USG Partner Institutions Financial Wellness Information
Disclaimer: The resources provided on this site are for informational purposes only. This website contains links to other sites, which are not controlled, maintained, or endorsed by USG. USG provides this information for your reference only and it is up to the individuals to make their own decisions or to consult with a legal or licensed advisor.