Financial literacy counseling
The U.S. Department of Education recommends you provide students with
interactive tools to help them manage
debt (Sample Default Prevention and Management Plan
(PDF)).
Mapping Your Future® offers an online financial literacy
counseling session, presented in 12 steps, guiding students on the path
to financial success:
- Be accountable and responsible.
- Set and plan goals.
- Understand income.
- Open a checking account.
- Open a savings account.
- Create a budget.
- Borrow smart.
- Manage credit cards wisely.
- Regularly review and understand a credit report.
- Protect from identity theft.
- Understand tax liability.
- Ask for help.
To experience financial literacy counseling from the student
perspective, follow these steps:
- Go to http://mappingyourfuture.org/fl
- Choose Texas as your state
- Select MYF Demo School as your school
You can elect to receive e-mail notification when students complete a
financial literacy counseling session. You also can retrieve financial
literacy counseling records via a secure area on the Mapping Your Future
site (the Financial Aid Office (FAO) Access Area).
Schools must have an Online Student Loan Counseling account before
students can complete the interactive counseling.
- If you have an existing Online Student Loan Counseling account and
would like to add financial literacy counseling to your participation
categories, contact the Mapping Your Future customer care staff at feedback@mappingyourfuture.org.
- If you don't have an Online Student Loan Counseling account, sign up now.
In addition to offering the counseling session, Mapping Your Future
has made the content available on the website as a printable guide so anyone can learn more about
managing their finances.
Learn more about this counseling session and
all of Mapping Your Future’s Online Student Loan Counseling
products.
Other financial aid organizations might offer financial literacy
courses or materials. Ask guarantors, lenders, and services what they
offer or recommend.
