If you're a federal employee who is currently dealing with the economic stress of being furloughed, know that you do have options when it comes to your student loan payments. The Oklahoma College Assistance Program released an article that may provide some helpful options for you to consider.
The Alliance for Economic Inclusion (AEI) for Northeastern Oklahoma will be presenting Credit Clarity Saturday June 15 from 9:30 a.m. to 12:30 p.m. at Hicks Community Center in Tulsa.
During this event, attendees can pull their free credit report on site and have it reviewed by a credit professional. To get your report, you must bring your Social Security number and a photo ID (driver’s license, matricula or state ID card). Many exhibitors will also be on hand with free information about finances and home buying. Free child care will be provided for children age four and older.
The Consumer Financial Protection Bureau (CFPB) recently launched its Spanish language website, which is optimized for mobile use. The site provides access to essential consumer resources such as how to submit a consumer complaint and answers to consumers’ frequently asked questions. CFPB en Español can be accessed at www.consumerfinance.gov/es.
OKMM recently released a new interactive budgeting tool to help consumers easily create or hone their monthly budget, which is the cornerstone of financial success.
The tool contains 10 main spending categories, with numerous sub categories under each. Sub categories can easily be renamed, deleted or added, allowing complete customization for the user.
As the user enters projected expenses, the tool subtracts the expense total from the monthly income total, which allows the user to quickly see if edits need to be made to the spending plan. When the budget is finalized, users can export their personalized budget to an Excel file and save it to their computer for future reference.
Build a better budget today with this new tool!
We've joined forces with Ready Set Repay to create a new publication for student loan borrowers. Borrow Smart from the Start is a step-by-step guide through the student loan process that emphasizes the importance of completing the FAFSA, making smart borrowing choices, monitoring debt load, keeping track of student loans with NSLDS, considering various repayment options and more!
For students attending a college or university this fall, it’s time to complete the Free Application for Federal Student Aid (FAFSA). UCanGo2, OCAP’s college access program, has produced a short video tutorial in both English and Spanish that helps families learn how to complete this important form. Watch them today at UCanGo2.org/FAFSA.