FAFSA Frenzy is a recurring event with the purpose of encouraging and personally assisting students to fill out their FAFSA (Free Application for Federal Student Aid).
Lifestyle-Based Financial Literacy
We realize that learning about personal finance skills and strategies can be dull at times, so Mercy College Financial Literacy will occasionally have events that connect personal finance directly to your everyday life. Our Thrifty Eats event, for example, focuses on equipping students with cost-effective, healthy recipes, as well as the chance to start building a budget-friendly meal plan.
Student Loan Sessions
These sessions, which are typically led by members of the Mercy College Financial Aid Department, provide current students with information about different types of loans, loan repayment, and loan forgiveness options. In the end, these sessions explain how your own long-term loan strategies can impact your credit for better or for worse.
Mercy College Financial Literacy is always working on new resources and events for our students. Keep an eye out for the events mentioned above, but also for information, resources, and events for topics such as retirement planning, financing a home, and protecting yourself from identity theft.
GradReady is an online, interactive, easy-to-use personal finance teacher and coach. This money saving, student loan educating website has great videos, tools, and resources to help you get real-world ready.
With GradReady, you can:
- Evaluate loan options
- Use the Electronic Loan Counselor to set yourself on the path to responsible repayment
- Create a funding plan
- Estimate student loan debt to anticipated future income
- Establish an in-school budget
- Develop personal, life-long money management skills
This free resource is yours to use simply because Mercy College of Health Sciences is committed to helping our prospective students, current students, alumni, and their families to feel more comfortable with the ins and outs of their personal finances.
Go to mchs.gradready.com to create an account and you're set to go.
The sooner you learn about your options, the more financially prepared you'll be!
Other Information and Resources
How can I learn about financial aid? Click the links to the left, or visit studentaid.ed.gov. You can also stop by the financial aid office during business hours and we will be glad to help!
CashCourse - This great site has information about budgeting, debt, personal finance, identity theft, and setting goals for the future.
IRS Tax Benefits for Education - Do you qualify for a tax credit or deduction? Find out here!
Federal Student Aid Home - Locate your federal student loans. Find your loan amounts, your loan servicer contact information, and how much your payments will be.
Annual Credit Report - View your private loans, and the rest of your credit report, for free. This is the official government site for checking your credit report with the 3 major credit bureaus.
Great Lakes' Knowledge Center - Articles about student loans - deferments, consolidations, tax incentives, payment plans.
Private Loan Consolidation - If you have private loans from multiple lenders, you may wish to consolidate your loans. We have some options at this website, but please feel free to do your own research.
Also, don't forget to do your Stafford Loan Exit Counseling!