Financial Literacy
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Financial Literacy

Be an informed consumer! Understand your educational debt and how to manage it!

Budget Calculator and Planning Tool For College Students

Education Loans are excellent resources to help make college affordable but it is important that you borrow only the amount you need to cover costs, pay attention to interest rates and repayment options and keep in contact with your lenders/servicers once in repayment. You can monitor your federal loan debt, outstanding interest, servicer, and more at http://www.nslds.ed.gov/nslds_SA/

If you borrowed a Federal Perkins Loan and/or an Institutional Opportunity Loan during your attendance at NECI, these loans are serviced by Campus Partners, NECI's Billing Servicer. You can view your account, update your contact information and download deferment or forbearance forms at https://www.mycampusloan.com/

If you borrowed an Alternative Education Loan through a private lender, remember to factor this loan into your monthly budget as well as keeping in contact with your lender regarding loan repayment, difficulties in repayment or address changes.

Understand your Credit Report! Did you know that you can get a free credit report? Go to www.annualcreditreport.com

If you are having trouble making your monthly loan repayment, do not delay! Contact your lenders to set up a deferment.