dollars and sense - university of iowa · dollars and sense student employment and financial...

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Dollars and Sense

Student Employment and Financial Literacy Services

The University of Iowa-Employment Basics

Student To Employed Professional

Positive Campus Experience:• Transferable Skills Development• Improved Campus Engagement• Networking & Social Development• Increased Awareness of Campus Resources

Positive Student Outcomes:• Improved Year-Over-Year Retention Rates• Improved 4 & 6 Year Graduation Rates• No Negative G.P.A. Effect

Positive Experience Positive Outcomes

Part-Time• 6,000 Employees/Year• Employer Pays 100%

• Jobs From 1-20 Hours/Week• Average Wage: $10.75• Most Frequent Wage: $9.50

• 1,000 Employees/Year• Employer Pays 50%--Federal

Work-Study Pays 50%• Jobs From 1-20 Hours/Week• Average Wage: $10.11• Most Frequent Wage: $9.50

Work-Study

UI Employment Breakdown

HireaHawk• UI Online Job Advertising System• Student Jobs/Internships/Full-Time • Updated Monday-Friday with New Opportunities• On-Campus & Surrounding Community Openings

Getting Started• Update HireaHawk Profile• Complete and Upload Student Employment Application• Upload Your Resume

**It is highly recommended that students view the PDF Tutorial “How to Search and Apply for Student Employment” first

Job Searching

Student Job Fairs:• Fall: Wednesday, August 23

Spring: January 24• 11 AM – 3 PM, IMU Main Lounge

UI Resources:The Office of Student Employment Pomerantz Career Center213 Calvin Hall C310 Pomerantz Center319-335-1460 319-335-1023Student-employment@uiowa.edu careercenter@uiowa.edu

Resources

Financial Literacy Services

• Budgeting• Loan repayment• Understanding financial aid• Filing FAFSA• Credit• General financial concerns• Presentations and outreach

Financial Literacy Services

• Set up appointment through MyUI• Advising Appointment• Office of Student Financial Aid

• Same way students make an appointment with academic advisor

Budgeting

Budgeting

Budgeting

Good Budget

Spending Leaks

• Starbucks grandé latte 3x each week• $4.25 x 3 = $12.75 x 4 weeks = $51.00

• Lunch downtown 2x each week:• $8.00 x 2 = $16.00 x 4 weeks = $64.00

• Parking in ramp 2x each week:• $7.00 x 2 = $14.00 x 4 weeks = $56.00

• TOTAL SPENDING LEAKS: $171.00

Spending Leaks – Loans• Starbucks grande latte 3x each week

• $51.00• $51.00 x .045 = $2.30 per year x 10 years = $74.00

• Lunch downtown 2x each week:• $64.00• $92.80

• Parking in ramp 2x each week:• $56.00• $81.20

• TOTAL SPENDING LEAKS: $171.00• TOTAL COST IF PURCHASED WITH LOANS: $248.00

Loan Counseling

Loan Repayment

• Making payments while in school

• Planning for graduate school

• Repayment strategies• Repayment goals• Repayment plans• Loan forgiveness

What students say…

[I learned] about each of my loans and how to utilize them in the best way possible, while also

understanding about my U-bill

She was able to answer all my questions regarding loan repayment, and even had some suggestions I hadn’t thought of. She was also

kind and nonjudgmental.

She took her time to walk through all of my questions and gave me some great

resources and understanding!

Questions?

student-employment@uiowa.edu

financial-literacy@uiowa.edu

Office of Student Financial Aid - 208 Calvin Hall

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