AT

Required All students borrowing loans for the first time at HJC

are required to take the class regardless of whether they have had loans at another institution.

Approximately One Hour Takes right at an hour to present just basic material.

Group Session Set up a schedule each term for different dates and

times for students to choose from. Discuss Financial Literacy

Discuss “nuts and bolts” of financial literacy and offer tools and suggestions for student to use.

NEEDS VS. WANTS USE A POWER POINT PRESENTATION ALSO HAVE USED WWW.PLAYSPENT.ORG

BUDGETING GO OVER WHAT A BUDGET CONSISTS OF AND WHY BUDGETING IS

IMPORTANT GO OVER A SAMPLE BUDGET

STUDENT LOAN DETAILS INCLUDING INTEREST RATES, REPAYMENT, WHAT HAPPENS IF THEY

DON’T REPAY AND SHOW EXAMPLES OF MONTHLY PAYMENTS BASED ON TOTAL BORROWED

SUGGESTION FOR KEEPING LOAN DEBT DOWN FULL TIME SCHEDULE TO FINISH MORE QUICKLY BORROWER ONLY COST OF TUITION

AVERAGE STARTING SALARY FOR PROGRAM BASED ON SURVEYS DONE EVERY YEAR FOR GRADUATES IN OUR

AREA WORKING IN THEIR PROGRAM FIELDS

ANALOGY BETWEEN CHILD THROWING TEMPERTANTRUM IN STORE AND SELF

NECESSARY NEEDS SLIGHTLY LESS NECESSARY NEEDS PURE WANTS LEVELS OF WANTS 24 HOUR RULE

USEFUL TOOL WHAT TO INCLUDE IN A BUDGET SOME SUGGESTED CATEGORIES FOR

INCOME AND EXPENSES SHOW THEM WWW.PAYCHECKCITY.COM MAJOR LIFE CHANGES PSYCHOLOGICAL EFFECTS GO OVER AN EXAMPLE OF INCOME AND

EXPENSES AND HOW TO PLUG NUMBERS INTO WORKSHEET

TYPES OF LOANS HOW TO APPLY MASTER PROMISSORY NOTE HOW MUCH A STUDENT CAN BORROW (YEARLY AND

AGGREGATE LIMITS) HOW MONEY WILL BE DISBURSED INTEREST RATES REPAYMENT (HOW, WHEN, ETC) SHOW WWW.FINAID.ORG AND SHOW EXAMPLES OF MONTHLY

PAYMENT BASED ON TOTAL BORROWED OPTIONS IF STUDENT FINDS THEY ARE HAVING TROUBLE

REPAYING STUDENT LOANS SHOW STUDENTS HOW TO USE WWW.NSLDS.ED.GOV AND

THEN PLUG THEIR BALANCE INTO WWW.FINAID.ORG TO GET MONTHLY PAYMENT AMOUNT ANY TIME THEY WANT.

TAKE FULL-TIME COURSE LOAD EACH TERM BORROW ONLY ENOUGH TO COVER COSTS WORK PART TIME TO SUPPLEMENT INCOME

INSTEAD OF TRYING TO LIVE ON STUDENT LOANS

LIVE ON A BUDGET/PAY ATTENTION TO NEED VS. WANT

GIVE GRAPH ON DIFFERENT SCENARIOS SUCH AS MONTHLY PAYMENT BORROWING COSTS ONLY VS. BORROWING MAXIMUM EVERY TERM

AN EVALUATION OF THE CLASS AND GIVE FEEDBACK AND SUGGESTIONS

A QUIZ PERTAINING TO THE INFORMATION DISCUSSED DURING THE CLASS

TO WRAP UP THE CLASS STUDENTS ARE GIVEN… AN EVALUATION

GIVE FEEDBACK, THOUGHTS, AND SUGGESTIONS A QUIZ

USED TO MAKE SURE WE TALKED ABOUT EVERYTHING WE WANTED AND THE STUDENTS RETAINED THE INFORMATION.

STUDENTS ARE ASKED TO COMPLETE ON THEIR OWN… A PERSONAL BUDGET WORKSHEET

GIVE THE STUDENTS A BLANK WORKSHEET LIKE THE ONE WE GO OVER IN CLASS AND ASK THEM TO COMPLETE IT AS BEST THEY CAN WITH THEIR OWN PERSONAL FINANCES.

DL LOAN COUNSELING AND MPN GIVE INSTRUCTION SHEET TO HELP STUDENTS COMPLETE

BOTH STEPS ONLINE.

STUDENT COMES BACK TO SEE FINANCIAL AID BRING BACK THEIR BUDGET WORKSHEET LET US KNOW THEY COMPLETED ENTRANCE

COUNSELING AND MPN WE COMPLETE A LOAN AMOUNT REQUEST

FORM WITH THE STUDENT AN IN-HOUSE FORM WE USE TO SHOW STUDENT

HOW MUCH THEY ARE ELIGIBLE TO BORROW AND LET THEM CHOOSE HOW MUCH THEY WANT.