Financial Stability | Merit Weekend 2017

1. Financial Stability
Are you prepared to
successfully finance life?

2. 41% OF AMERICAN ADULTS
SAID THEY DESERVE
NO BETTER THAN A
“C” GRADE WHEN IT
COMES TO THEIR OWN
PERSONAL FINANCIAL
KNOWLEDGE

3. Do You…
• Have a plan to afford your
education and to be
financially well?
• Know the costs you will
incur?

4. Do You…
• Know what financial aid you
will receive?
• Know what YOU must do to
maintain your aid and
investment?
• Know how to live on a
budget?

5. • Online tools and
resources
• Prepare for this transition
• Basic money management
tips,
• Key financial aid terms
• Loan repayment options,
• Investments, retirement
plans
Create your
free
account today!seeblue.com/igrad

6. `

7. Create your
free
account today!seeblue.com/igrad

8. Article – 5 Tips to Help Your Student Prepare for College
http://www.igrad.com/articles/5-tips-to-help-your-student-prepare-for-college
Webinar - A Student and Parent’s Guide to Paying for College.
https://www.igrad.com/webinars/A-Student-and-Parents-Guide-to-Paying-for-College-Rob-LaBreche
Create an iGrad profile! Using iGrad will offer you the tools and resources
that you and your college support network will need to prepare for this transition and
continue to let it grow with you for everything from basic money management tips, to
key financial aid terms and loan repayment options, as well as investments,
retirement plans and buying your first home.

9. Wildcat Cost Calculator
seeblue.com/
calculator

10. myUK – Financials Tab
http://myuk.uky.edu
STAY CONNECTED!

11. Financial Aid

12. What Is Financial Aid?

13. FAFSA
• A FAFSA Must be completed to be
eligible for:
– Need-based scholarships and grants (from
the Federal Government, the State of
Kentucky and UK).
– Federal Student Loans or Parent PLUS
Loans.
Remember – the FAFSA is FREE
(FREE Application for Federal Student Aid)
www.fafsa.ed.gov

14. What Loans Are Available?
1. Student Federal Direct Loans
Student FAFSA on File
2. Parent Federal Direct Plus Loan
Student FAFSA on File
3. Private Student Loans
Fast Choice Tool for Comparison
https://choice.fastproducts.org/FastChoice/home/198900/1

15. Financial Aid Check List
 Ensure a FAFSA is complete if you intend to file.
 Log into myUK and review and accept/decline
your financial aid.
 If you are borrowing federal loans, complete your
Entrance Counseling and MPN.
 For help - contact your financial aid counselor:
http://www.uky.edu/financialaid/find-your-counselor
Financial Aid – 128 W.D. Funkhouser Bldg. (859) 257-3172
http://www.uky.edu/financialaid

16. What is MyPasscode?
Code to release financial
information
• MyPasscode is created by student
on myUK
• MyPasscode is shared by student
with individual(s) they choose to
have access to their financial
records
• MyPasscode is required prior to
release of any financial information

17. Guest Access

18. Account Statements?
• Sent via email only –PDF attachment
• Students’ UK assigned email address
Email is the University’s official
means of communication
Quick Note: ALL bills are due on the 22nd of
EACH MONTH…regardless of payment plan
option!! Initial billing statements will be sent
8/1 with a due date of 8/22.

19. How Are Payments Made?
My UK portal: myUK.uky.edu
Student’s active directory account required
• Credit Cards (2.25% fee)
– Visa, American Express, MasterCard
& Discover
• Electronic Check (no fee)
– Bank account and routing numbers required
• Installment Payment Plan
– Up to 4 monthly installments (per semester)
– $50 fee for each semester
– http://seeblue.com/payments

20. Student Account
Services
18 W.D. Funkhouser Bldg.
www.uky.edu/studentaccount
studentaccts@lsv.uky.edu
(859) 257-3406

21. 302 Patterson Hall (North Campus)
(859) 323-5241
www.uky.edu/financialwellness
moneycats@uky.edu

22. Student Financial Wellness Center
Need Help Figuring it Out $$?
• 1:1, confidential peer coaching by MoneyCATS
• Basic money management assistance: tracking your
spending, needs vs. wants, building a budget
• iGrad exploratory computer lounge open during
building hours.
• Connection to resources to serve your immediate
and future needs.
http://www.uky.edu/financialwellness

23. Professional Development, Leadership and Life Skills, Confidentiality, Kindness
moneycats@uky.edu @UKMoneyCATS
Template – Student Budget
http://www.igrad.com/articles/bu
dget-worksheet-spreadsheet

24. Working On Campus
A job on campus can help with
discretionary income, tuition, books, etc.
Student positions are listed directly on the
UK Human Resources website

25. 302 Patterson Hall (North Campus)
(859) 323-5241
www.uky.edu/financialwellness
moneycats@uky.edu