Financial Literacy

Being familiar with the financial aspects of attending LMU empowers you and your family to make the most of your LMU education – both now and throughout your future.

The LMU Financial Aid office is your partner in understanding all things financial related to funding your experience at LMU. Below are a number of resources we recommend to enhance your financial literacy and, in turn, your ability to responsibly fund your undergraduate or graduate education at LMU.

All students who graduate, withdraw from all coursework, take a leave of absence or cease to be enrolled at least half-time in any term, and who have borrowed from the Federal and/or Federal Graduate PLUS loan program must complete Loan Exit Counseling. For more information on student loan repayment visit the Federal Student Aid website. The Department of Education published the following infographic to assist students with repayment of their student loans: 


Repayment Plans
 
by FederalStudentAid, an Office of the U.S. Department of Education.
 

Recommended Resources

 
The websites below offer valuable resources and news articles, as well as budgeting and personal money management tools:
 
CashCourse – “Your real-life money guide”
Mymoney.gov – Information about money, saving, and planning for the future
Financial Avenue – Offers online courses to help gain life-long knowledge about personal money management
Salary.com – Salary look up
Debt.org– Get help with your student debt

 

Improve your understanding of financial concepts through these short video clips:

 
MONEY BASICS

 

EDUCATION TAX BENEFITS AND CREDITS

 

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