Many schools provide Money Management information during New Student Orientation. For some schools it is part of the main agenda, while at others it may be a break-out session. Some schools provide a Money Management Handbook while others may simply refer students to online information. Please help us enrich this area by sharing your thoughts and initatives.
10:30 - 10:45 am Money Management: What Every Student Needs to Know
Budgets, credit cards and cash may sound scary, but with the information provided in this session, your dollars can make sense. Walk away with ideas and tools that will help make managing your finances easier.
University of Pittsburg, Johnston, PA
New Student Orientation 2011
1:00 p.m. to 2:00 p.m.
Monster Ultimate Money Skills: College
Pasquerilla Performing Arts Center
College empowers college students to develop smart money management
skills and ultimately achieve financial independence. This 60-minute,
interactive, assembly-style presentation helps students recognize that the
choices they make about money while in college can have a direct impact
on their future financial success and gives them the information they need
to make better decisions going forward.
The Freshman 15 maximizes student potential for academic success, social growth, and improves student retention through connection to the campus community during the students first year in college.
Freshman can sign up via online registration form by Friday, September 30, 2011 in order to participate. Students will be tasked with completing one program or activity in all 15 categories. Once all 15 categories or "experiences" are complete, the student completes the program. The first 200 students to complete the Freshman 15 will receive a FREE T-SHIRT! All students to complete will also be entered into a grand prize drawing.
Freshman 15 Experiences: Money Management
Visit with a Financial Aid Advisor
Just stop by the Financial Aid Office on the second floor of the Campus Center and visit with a Financial Aid Advisor. Sessions will last 15-20 minutes and Financial Aid is open from 8a-5p on Monday-Friday.
Show Me the Money
Friday, September 16, 2011
Sponsored by Lion's ROAR
11:00 a.m. to 12:00 p.m.
Campus Center 129A
Are you on a college student's budget? Then stop in, enjoy FREE food, and learn how to make the most of your money! For more information, please email cadams01@g.uafortsmith.edu.
Amid the free food, activities and prizes of Orientation Week, some freshmen took the time to learn about financial challenges they could face in the next four years. The Undergraduate Financial Aid Office held financial literacy sessions Saturday in response to the federal Credit Card Accountability, Responsibility and Disclosure Act of 2009. The two afternoon sessions included information, advice and demonstrative skits to teach freshmen about budgeting, building credit and avoiding debt.
The article goes on to say that unfortunately there were competing events and only about 20 incoming freshman managed to attend.
San Jose State University, San Jose, CA
Student Success Programs (formerly known as MUSE Workshops) are an excellent way to increase your knowledge about San José State University resources, effective study habits, and life coping strategies!
The programs are designed with new students in mind, covering areas that are of interest to, or useful for, first-year students. Hosted by seasoned SJSU faculty and staff, the presenters bring a combination of academic and student life expertise. These programs will further assist your experiences here at SJSU.
Friday 10/29/2010 12:00 PM - 1:00 PM Money Management For Students
Money management is challenging for the best of us. But as a student, it can be even more stressful trying to balance how much you are spending. There is always something more that is being asked of you - tuition, books, food, housing, social activities, etc. How can you afford to be a student? Come and see how to put the jingle back in your pockets. Preregistration at events.sjsu.edu recommended.
Clark 118 Financial Aid
The first few sentences of the Introduction give you a sense of the handbook:
Let’s face it, a college education is expensive. You’ve finally paid the big costs: tuition, room & board, and getting here. But now you’re expected to pay for books, dorm stuff, and the costs of having a life. What is a Williams student on a budget to do?
Throughout this handbook, you’ll learn not only about the costs of getting started, but also the costs that you’ll encounter throughout your career at Williams. Our aim is to make you aware of the costs at Williams, the ways that you can minimize the costs, and the ways that you can save big bucks. Cha-Ch’ing!
Baylor University, Waco, TX
Managing Money 101 from the September, 2011 issue of Baylor Magazine
We believe in financial literacy for all of our students in helping our young men and women come to financial sophistication early on. Indeed, it begins Day One. Orientation for new students at Baylor University begins essentially with a crash course in financial responsibility.
Initiatives include:
Educating students during orientation about unwanted credit card offers and providing them with a service that helps them "opt out" of these offers filling up their campus mailboxes.
Protecting students from aggressive credit card companies, which are not permitted to set up on Baylor's campus and solicit students with unwanted credit card offers.
Offering the Attorney General's entertaining and informative "Money Crunch" video, which is available to students through a link on Baylor's Student Financial Services website. The video also runs continuously in the lobby of the Office of Financial Aid and Scholarships.
Providing students with a link to Baylor University's "CashCourse," which offers valuable tips about financial responsibility during and after college, from basics such as budgeting and financial planning to how to make informed decisions about insurance and job offers.
Sonoma State University, Rohnert Park, CA
The New Student Orientation & Family Programs staff is thrilled you have decided to attend Sonoma
State University. Our mission is to facilitate the successful transition of new students and their families
into the campus community. Through the promotion of the University academic expectations and
support, as well as developmental opportunities, our programs assist students and their families in
feeling engaged and prepared and in identifying academically, socially, and culturally as Seawolves.
BUILDING MONEY MANAGEMENT SKILLS
Being a college student requires a new level of money management responsiblity. The majority of
college students have had minimal experience dealing with money. Some students have a problem
managing their money wisely and can end up spending more money than they have and then borrowing
foolishly, resulting in debt. Discussing the following topics will help develop a smarter money
management system.
Learn to Build Money Management Skills
Learn how to maintain a budget.
If you’re getting a checking account for the first time, learn how to balance your checkbook and
record transactions to prevent bouncing checks.
Learn the need to build a good credit report by paying bills on time and avoiding debt.
Save for emergency needs and plan to use credit wisely.
Ask questions and learn to do things on your own.
Credit Is Important
Many students may not realize how small purchases can add up. Because of this, some students
go into debt. We encourage you to learn about credit cards and the effect credit card debt can have.
Many students have misconceptions about credit cards. When credit cards are used wisely, they can
be beneficial. However, many college students don’t realize the added costs if the bills are not paid
immediately. Learn to become an informed consumer to best utilize your resources.
Cash Stress
Managing money can be a major source of stress for students. It’s hard to suddenly live on a set
budget if you have never done so before. The more informed you are, the less likely you are to overspend.
Set guidelines for yourself and learn to plan ahead for each month, as well as the entire semester.
Should I Work While Attending SSU?
We understand there are varying financial situations for all students and families and we strongly
encourage families to discuss the expectations of how students will finance their education. It is also
important to discuss where priorities fall between academics and work. Sonoma State University offers
on-campus jobs with a maximum work-week of 20 hours per week, and provides information on
off-campus jobs and internships available throughout the year. Please visit www.sonoma.edu/career/
for job postings and more information about working while attending college.
Work Study
The Federal Work-Study (FWS) program provides part-time job opportunities for eligible students. It
is an opportunity to offset educational expenses and provides valuable experience. This is money
students have to earn, usually by working on-campus. Students are paid once a month for the hours
they work and may earn up to the amount listed on the financial aid award for FWS.
Eligibility is contingent on students having FWS listed on their Financial Aid award offer. If you were
not initially offered FWS but are interested in having it, contact the Financial Aid Office at (707) 664-
2389 to see if you are eligible.
The University of Texas, Tyler, TX
Provides online information for prospective and new students. Materials include:
From their Preview Booklet, Orientation 2011-2012 - published for all new students coming to the University
Living on a college budget
Starting college is new and exciting in many different
ways. One thing that may be new is learning
how to balance a checkbook and budget your money.
Although many students have jobs before college and
may have some sense of money management, being
on your own can be a lot different. Along with your
new-found independence come phone bills, movies,
snacks, splurges, and nights out on the town. Watch
your funds.
Books are expensive. To help save money, try to find
used books instead of brand new ones. They may not
be shiny and new, but a few dollars can be saved by
purchasing them.
Many students use cell phones. Be sure to shop for
the best plan. Remember, phone bills can add up.
Good luck and remember that not all activities cost
money. Keep your eye on the APB calendar for activities.
SAMPLE BUDGET (Per Semester)
Books $600
Food, groceries, munchies $200 - 250
Movies, plays, concerts $75 - 100
Nights on the town $80 – 120
Personal expenses $200 - 250 (toiletries, supplies, etc.)
