Clark Atlanta University Learn Lead Change

Modules

Clark Atlanta University
Office of Student Financial Aid
223 James P. Brawley Dr., S.W.
Atlanta, Georgia 30314

         

 

The Financial Literacy Initiative at Clark Atlanta University is a mandatory program for first year students. Currently, the "TG Financial Literacy Program," a financial literacy component provided annually by the Texas Guaranteed Student Loan Corporation , is included the in new student orientation. It consists of nine (9) instructor led modules which cover:

1.    Investing in Undergraduate Education -- Providing key information to help parents and students understand the costs of attending college and financial aid resources available to help cover the costs;

2.    Needs and Wants: Prioritizing What Counts -- Helping students think about the differences between things that are fundamental necessities as opposed to desires or preferences, and how these things can vary across time and circumstances;

3.    Monitoring Spending: Keeping It Real -- Providing an overview of how spending plans can be adjusted to stay in step with financial circumstances as they really exist; 

4.    Spending Plans: Meeting Goals the Simple Way -- Includes information on reducing spending, and planning ahead not only for monthly bills, but also for things such as regular savings and expenses that are not part of each month's budget, i.e., quarterly car insurance payment;

5.    Setting Goals: Getting There -- Discussing several facets of financial goal-setting, including how specific the goals are and the time frame set for the goals;

6.    Credit Basics: How Money Works -- Shows how borrowers can use future income to make large purchases, such as an education or a house;

7.    Managing Credit: Priorities and Pitfalls -- Covering the ways credit affects many parts of your life,what you need to know about your credit report and credit score, and some standard guidelines for keeping your credit in good shape, including how to avoid identity theft;

8.    Solving Debt Problems: Strategies and Solutions -- Showing some of the steps borrowers may choose to take to get out of financial trouble; and

9.    Saving and Investing: Risks and Returns -- Providing an overview of how money can grow over time.