As the holidays approach, gift cards remain a popular gift option, but they’re also a target for scammers. These fraudsters use tactics like phishing and tampering with physical gift cards to steal funds before they can be used. To protect yourself and your loved ones this season, it’s important to stay aware of these risks.
Having a well-stocked emergency fund is important. But so is saving for retirement. So how do you know which one to focus on? Well, we’ve got you covered. Here’s what you should know.
Halloween is a time for spooky fun, but it can also bring a scare to your wallet if you're not careful. From costumes to decorations and treats, the costs can add up quickly. Here’s how to manage your Halloween budget and keep your spending under control while still enjoying the festivities.
Now is the moment to turn your attention to your tax obligations. With less than 60 days remaining until the tax deadline now is a good time to prepare your documents and file.
Need a smart strategy to save on essential school supplies? Planning your dream vacation or gearing up for the holiday season? With a club account, you can save for essential school supplies, exciting vacations, and joyful holiday celebrations, making your financial goals more attainable and stress-free.
So you’re college-bound, and before you even step foot on campus, your bank account is already worthy of “starving student” status. You need money for tuition and expenses, but it’s too late to start saving now. Is there any hope? Yes!
Most important, complete the Free Application for Federal Student Aid, if you haven’t already. The FAFSA opens the door to federal student loans, which are the cheapest for most borrowers. You must complete this form to receive federal, state, or college money and some scholarships and grants require it as well. The FAFSA asks basic information regarding the borrower’s income, dependency status, and savings to determine financial need.
Apply for scholarships and grants. This is a good place to start looking for college funds, because you don’t have to pay them back. While most application deadlines have already passed, it’s possible that not all scholarship money has been awarded. Or you might find a program you qualify for with a late deadline.
Employers are another resource for college help. If you have a job, it’s worth asking if your employer offers tuition assistance or reimbursement. Your company also might have an employee scholarship program. If you’re a minor, ask your parents to check with their own employers. Many companies offer scholarships to their employee’s children.
Your school’s financial aid office should be one of the first places you call. Find out if there are funds available that might have otherwise gone to students who decided not to attend. There might be a work study opportunity available that can help off-set expenses. The financial aid folks are the ones in the know about existing resources, and they might even be able to help you figure out a tuition payment plan that works to your advantage.
No matter where you seek out grants or scholarships, if you can’t get the money in time for this semester or school year, look ahead to the next. Maximize all the opportunities for free money first!
If you decide that taking out loans is necessary, borrow wisely. Working during the school year, picking a second job, or working summers and weekends is better than paying off loans years down the line. Still, there are many options for students and parents to take out loans to pay for a college education. The federal government offers low-interest loans to help cover the cost of a four-year college or university, community college, or trade, career, or technical school.
Private loans are available as well, and we can help you determine which options are best for your situation. The benefit of financing your education this way is the loan is with an institution you already trust, not a corporate financial giant.
Thinking about paying for four years of college can be overwhelming. Take a deep breath, and take it in steps. Right now, focus on the first semester. For advice, tools, information, and loan applications, click the button below. We want to see you succeed!