Great Lakes identifies the top five money mistakes that college students make as follows: running up credit card debt, ruining their credit score, not having a budget, using student loan money inappropriately, and overextending themselves to pay for college.
In an effort to help educate students on a broader scale about financial literacy (and to combat the money managing issues above), Great Lakes is providing a free webinar series in the months of October, November, and December.
The webinar series is open for ALL STUDENTS and not just those with an existing relationship with their organization (as you may know Great Lakes is a student loan servicer). Accredited Financial Counselors (AFC) will be presenting the webinars and providing helpful information for those attending.
Below is the information for each of the upcoming webinars. In addition, if you are looking for free Student Financial Literacy Resources on the web, you should definitely check out this list compiled by CheapScholar.org
October: Learn How to Avoid the Top Five Money Mistakes College Students Make
Join the Great Lakes webinar “Money 411″ on October 21 at 1:00 p.m. Central time or October 28 at 1:00 p.m. Central time and discover the keys to managing your money and minimizing debt. When you leave this session you’ll know the difference between good and bad credit, how to develop a budget, and how your financial decisions can—and will—impact your lives.
November: The Average College Student Has $3,200 on Credit Cards—How Do You Stack Up?
Join the Great Lakes webinar “Credit Card Smarts” on November 4 at 1:00 p.m. Central time or November 11 at 1:00 p.m. Central time and learn how credit decisions can shadow you throughout your life—for better or worse. You’ll learn how to understand and successfully manage a credit card, which will help you minimize debt and make the most out of your money. When you leave this event you’ll know about the new credit card laws, learn key tips on how to manage and protect your credit, and understand how to evaluate credit card offers and statements.
December: The Average Student Loan Debt is $23,200—What’s Your Plan to Pay?
Join the Great Lakes webinar “Student Loan Repayment—Everything You Need to Know” on December 7 at 3:00 p.m. Central time or December 9 at 1:00 p.m. Central time . If your student loan payments are right around the corner, come to this event to learn what happens next, how to manage repayment, and who to call for help. When you leave this event you’ll learn how to keep track of your loans, how to choose a repayment plan that fits your situation and budget, and who to contact when you need assistance.