Virginia public colleges and universities shall make provisions for the promotion of the development of student life skills through the inclusion of the principles of economics education and financial literacy within an existing general education course, the freshman orientation process or other appropriate venue. These principles may include, but need not be limited to, instruction concerning personal finance, such as credit card use, opening and managing an account in a financial institution, completing a loan application, and managing student loans; consumer rights and responsibilities; and debt management.
Accredited Financial Counselor SM The National Student Loan Program and the Association for Financial Counseling and Planning Education (AFCPE) are partnering to provide the Accredited Financial Counselor SM Program to NSLP clients.
Participants will also learn valuable counseling skills such as interviewing, discerning real issues, suggesting solutions, motivating clients, and implementing plans of action.
Accredited Financial Counselor SM What is the Cost? AFCPE -- $850 AFCPE/NSLP Partnership – AFCPE is providing a substantial discount for NSLP school clients who enroll in the program in 2006. In addition to AFCPE's generous discount, NSLP will pay $500 of the $750 initial cost for its clients' program costs. After participants pass 2 required examinations, NSLP will reimburse the clients' $250 initial cost to the school.
Accredited Financial Counselor SM Contact Information – AFCPE – Sharon A. Burns, Ph.D., CPA [email_address] Columbus, OH (614) 485-9650 office NSLP – Pauline Balta [email_address] Lincoln, NE (800) 735-8778
"I came away from the experience learning to be responsible and watch out for [myself] in terms of credit.“ --First Year Student Nana Agyemang
Developed and Written by Karen Richel M.S. Ed. Curriculum Specialist Conceived and Directed by Barry W. Simmons Sr. Ed.D. Director Office of University Scholarships and Financial Aid Virginia Tech SASFAA 2007 Financial Literacy 101: Process and Design
Objectives After completing Module #1, you will be able to: $ Define several financial terms related to a budget. $ Distinguish if a budget is necessary for you. $ List and incorporate the 5 steps to budgeting into your own financial plan. $ Apply the S.M.A.R.T. Model of Goal Setting to your financial goals. $ Create and implement your own budget. $ Identify “extras” that should be considered in a healthy budget.