Financial literacy is more than just knowing how to balance a checkbook or being smart with your money. It is about knowing and understanding personal financial matters such as real estate, retirement, investments and – in this case – college. And while we understand that paying for college can be a larger undertaking, it is a worthwhile and sound investment in your future.
Using CashCourse, a free online money management education system recommended by the Financial Aid Office, we encourage you to create your W&M CashCourse profile, review this 24/7 available resource and complete the voluntary assignments to help to make your college financial transition as smooth as possible. Please note that utilization of this resource and/or completion of these assignments has no impact on your student financial aid and/or the processing of any student loans. CashCourse is simply an offered resource to help support your success!
Create your CashCourse Profile
- Go to W&M's CashCourse website
- Select "Register for a free account" within the "Students" profile type
- Use your W&M email address when registering; your email address acts as your CashCourse username.
- Make sure you select "Virginia" as your state and "College of William and Mary" as your school.
- Click the box to accept the terms and conditions and "Register" your response.
- Congratulations! You are set up to explore CashCourse.
To Find Our "Financial Focus" Assignments
- Once you are logged into your CashCourse Profile, ensure you are "Home."
- Choose "Lauren Garrett" as your Instructor or School Administrator and "Submit" your selection.
- The time frame of your request will determine which assignments are available for participation (see below).
Part I: Understanding Loans (available beginning May 15)
Test Your Student Loan IQ
This quiz tests how much students know about student loan keywords, term, rules and processes.
Student Loan Comparison Chart
This worksheet gives students a list of costs and factors to consider when evaluating their student loan options. This worksheet is helpful when used in conjunction with the loan payoff calculators.
Paying Back Student Loans
This course reviews the processes and options available to borrowers during each stage of the student loan repayment process.
Completion (or lack of completion) of the above assignments has no connection to the university's financial aid and/or student loan process.
Needs Versus Wants Worksheet
One of the most difficult choices to make when budgeting is how much to spend on non-essentials, or "wants." With this worksheet, you create a list of things you need and things you want, then consider less-expensive alternatives to the "wants."
Be Credit Savvy?
This quiz sees how well you know how to manage a credit card account. Test your knowledge on the responsible use of credit.
What's Your Credit Score IQ?
Check how much you know about credit scores. Credit scores can seem like a mystery: how you do build and keep a good score? What IS a good score? Test how much you know about this tough topic.
What's Your Budgeting IQ?
Test your budgeting smarts and learn ways to create and stay on a budget.
Learn the steps to creating and following a budget.
This worksheet provides you with an outline of common expenses. You can set a budget for each category, and record your actual spending and income for the month. The worksheet automatically calculates how much you are over or under your monthly budget, based on your income and expenses.