Resources for Smarter Money Management

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IU’s MoneySmarts recommends these online resources for better student financial planning:

General Financial Literacy Resources

  • Nerd Wallet Cost of Living Calculator, Want to see how much more/less it will cost to live in a city when you graduate? Check out this calculator.
  • LearnVest Knowledge Center, This site helps you to take control of your personal finances so that you can live a financially secure life.
  • Kahn Academy Better Money Habits, Great site that provides well-produced personal finance lessons on any topic you can think of.  A great tool for those who are visual learners.
  • This site helps you see where your money goes and keep track of your budget.
  • This site provides tips and interactive tools to remind you to feed that piggy bank.
  • Council of Graduate Schools, Website provides research, data, and links to information regarding financial literacy geared toward graduate students.

Financial Aid Resources

  • A comprehensive guide to financial aid on the web.
  • The online home for federal student loan programs.
  • Offers a wealth of information from applying to colleges to learning the many plans a borrower can utilize to best repay their loans. In addition, directions, tips and definitions are provided for filling out the FAFSA, assessing loan eligibility, and deciding how financial aid can make college a reality.

Career Resources

  • Salary Calculator, Get a good understanding of how much money you can expect to make after you graduate based on your location, experience, and education. Just remember that you should be looking at the starting salary, and not the median or the top.

Check out the new website at for Paying for College 101 resources and tips.

Smart Borrowing Tip

“While a student may be able to borrow to help pay for the cost of textbooks and other miscellaneous expenses, we encourage students to keep the amount of loans they borrow to a minimum by paying for books and other expenses with savings. If they do need to borrow, we recommend they don’t borrow any more than absolutely necessary to pay the direct costs at the school they plan to attend. We also encourage students to apply for as many outside scholarships as possible to help defer costs.”

    — Cathleen Wright, director of financial aid, University of Evansville