Mount Ida College

From Potential to Achievement

Financial Literacy

Student $uccess…..E$$ENTIAL Information for Mount Ida College Students

Managing your finances is another primary focus of your educational experience at Mount Ida. Having some basic knowledge about budgeting, saving, credit cards, debt management and loan management are crucial for your success while in school and after graduation. We hope that the information below will help you understand basic money management skills such as living within a budget and gaining knowledge on credit and debt.

Budgeting

  • What is a budget
  • Being realistic when mapping your budget
  • Selecting a bank that works for your lifestyle

Credit and Credit Cards

  • What is credit and why is it important now and for the future
  • Making purchases and realizing the ultimate cost of the product charged
  • Understanding Credit Reports and Credit Scores

Debt Management

  • Borrow only what you NEED and don’t allow for the extras

Loan Management

  • Repayment
  • Navigating NSLDS when in repayment

Resources for More Information

  • Use the internet to search for up to date information related to financing topics

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