If you are looking for a way to improve your student's borrowing habits, then My Smart Borrowing is a great resource. This website contains a number of resources, including five tips about smart borrowing. After signing up, you will be able to start browsing and discussing information on the website. Set a pace for your students and ask them to complete a graphic organizer to help them understand the site.
iGrad
iGrad is an online tool that helps you manage your student loan debt and learn financial literacy. It's designed to help you make a budget and only borrow what is necessary. It also provides money management tips including a student debt snapshot tool. This allows you to track your federal student loan debt. The platform features videos that show students how to borrow smartly, and how to prepare for repayment. iGrad also submits your loan data to the National Student Loan Data System, which can be accessed by approved lenders and agencies.
Financial wellness center
Financial wellness is a key component of college education. Whether you're a first-generation college student, a member of a minority group, or an affluent student, you can benefit from this program. This website is free and contains information and resources that will help you get on the path to financial health.
Site for planning your career and college
My smart borrowing is a career and college-planning website that offers practical advice on college borrowing. Its College Cost Calculator allows users to compare four college options, and forecast their financial future. This website was created for recent college students and graduates who wish to borrow for college.
Smart borrowing programs by iGrad
As part of its student loan repayment initiative, iGrad offers financial education and digital resources that can help students manage their student loans. It also offers an interactive tool that tracks student loans. This tool will allow students to find out how much money each month they will have left after graduation. U.S. News and World Report claims that many fintech companies have played a major role in student loan repayment.
iGrad has a tool to cancel loans
One of the most important skills you can learn during college is how to manage money. Using iGrad’s Loan Cancellation Tool is a simple way to make sure you don't leave behind too much debt. This tool allows you to view all your loans in one place and you can talk to a Student Loan Repayment Advisor in order to figure out the best way to handle your finances.
Understanding loan repayment
Many of the focus group participants found the student loans repayment system confusing. They experienced a variety of problems relating to their debt repayment, including delays and missed payments. They also experienced a lack of immediate and sustained relief from their financial difficulties. These borrowers had to make tough tradeoffs to pay their bills on time. These individuals ended up using short-term strategies such as deferment or forbearances.
Smart borrowing graphic organizer from iGrad
Smart borrowing is a key skill for college students. iGrad's financial wellness hub can help make smart decisions regarding student loan borrowing. The website has a lot of information, including videos, infographics, and articles on a range of topics. The topics covered include investing, student loans, career development, and investing. Users can also explore iGrad's calculators and track their financial health in real time.