All posts by Dawn Kamphaus

Top 6 Reasons to Activate Your SALT Account

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Your free SALT account from Parkland College is waiting, and if you’re still skeptical about joining, here are six awesome reasons to get off the fence and start getting money-savvy.

  1.  It’s FREE – Like, really free. Parkland College hooked you up, so all you have to do is activate.
  2. It can find you free money – Want to tap into millions in scholarship money? Yeah, SALT can help with that.
  3. It builds your skills – Learn budgeting skills that will keep you in control of your cash for life.
  4. It can help you land a job – Get inside tips to grab an internship now and a job after graduation.
  5. It’ll tell you how to own your loans – Show your student loans who’s boss with easy tools to track and manage them.
  6. It’s FREE – Did we mention it’s totally free?

To activate your SALT account join now at:

What does “SALT” mean, anyway?
Back in the day (way, way back in the day), salt was the universal currency. It’s why SALT goes back to the basics to give you universal information, neutral advice, and smart strategies to help you take control of your money.

[Dawn Kamphaus is a financial aid advisor in Parkland’s Financial Aid and Veteran Services office.]

How to Get an Internship … and Why You Should

Have you looked at your resume lately? See anything exciting there related to your dream job? Why not add an internship? 

An internship can actually be the key to your future, giving you experience and opening the doors to opportunities in your chosen field. In fact, some majors actually require them for graduation.

Learn more about how to land an internship and how to make the most of it while you’re on the job, and then search for internships nationwide at www.saltmoney.org/parklandcollege.

What Is SALT?
SALT is a website created by American Student Assistance® (ASA), a nonprofit organization, to help Parkland College students like you become more financially savvy. This program rewards you for making smart money decisions, and we’re providing all of its services to you—including your membership—as a gift, free of charge. Create your SALT account at www.saltmoney.org/parklandcollege today!

[Dawn Good is a financial aid advisor in Parkland’s Financial Aid and Veteran Services office.]

New Year, New FAFSA to Complete!

That’s right, the 2016-2017 FAFSA is now available! For those attending college during the 2016-2017 award year, be sure to complete the FAFSA as soon as possible.

Complete the FAFSA online at www.fafsa.ed.gov. The application is quick and easy to complete. Make sure you complete the 2016- 2017 FAFSA and not the 2015-2016 form if you are applying for financial aid for next year (Fall 2016, Spring 2017, and Summer 2017).

Plus, check out this US Dept. of Education blog post to avoid common FAFSA mistakes before you file!

For more information about the financial aid process, please email our office at finaid@parkland.edu or visit the SALT website at www.saltmoney.org.  SALT also provides helpful information and resources for searching for scholarships to supplement your financial aid award.

What Is SALT?
SALT is a website created by American Student Assistance® (ASA), a nonprofit organization, to help Parkland College students like you become more financially savvy. This program rewards you for making smart money decisions, and we’re providing all of its services to you—including your membership—as a gift, free of charge. Create your SALT account at www.saltmoney.org/parklandcollege today!

**Top image from “7 Common FAFSA Mistakes” at http://blog.ed.gov/2014/01/7-common-fafsa-mistakes/**

[Dawn Good is a financial aid advisor in Parkland’s Financial Aid and Veteran Services office.]

Prepare for Tomorrow—Establish Good Credit

Why worry about your credit score now, when you might be years away from owning a car, house, or small business?

For one thing, the longer you have a history of responsible credit use, the better.  For another, even though you can increase your score, it does take time.

What Is a Credit Score?
It’s a three-digit number credit card companies create to determine your creditworthiness (i.e., whether or not you can be trusted to repay your debts). Scores will fall somewhere between 300 and 850.

Your credit history and score can affect your ability to get a loan or a credit card or buy a car or house—as well as how much you pay for these things. The lower your credit score, the higher the interest rate you’ll pay.  Many employers today are even looking at applicants’ credit before extending job offers.

How Do You Establish Credit?
Of course, you’ll have to be careful with credit cards, but they can actually play a big role in building good credit, as long as you use them wisely. Use your credit card to make just a few purchases each month (expenses that are already figured into your budget—gas, your monthly cell phone bill, etc.) and pay the balance in full before the due date. This is a great way to establish credit over time while not going into costly credit card debt.

Check out www.saltmoney.org for more information on credit, credit cards, and good money management practices.

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What Is SALT?
SALT was created by American Student Assistance (ASA), a nonprofit organization, to help Parkland students like you become more financially savvy. This program rewards you for making smart money decisions, and we’re providing all of its services to you—including your membership as a gift, free of charge. If you haven’t created your SALT account yet, visit www.saltmoney.org/parklandcollege to sign up today!

 

[Dawn Good is a financial aid advisor in Parkland’s Financial Aid and Veteran Services office.]

Make This the Year for Good Financial Decisions

The beginning of the school year is a great time to reevaluate (or create) your budget, or spending plan, that strikes a balance between the money you earn and the money you spend.

It might not sound like the most exciting activity, but a good spending plan will put your finances on track for your future, with room to enjoy the fun aspects of college life as well. Without sticking to a spending plan, you could find yourself living beyond your means and faced with a mountain of debt.

Creating a budget based on your income and expenses is not difficult. Learn more about how to establish and stick to a budget by visiting www.saltmoney.org/parklandcollege.

What Is SALT?
SALT(TM) was created by American Student Assistance (ASA), a nonprofit organization, to help Parkland students like you become more financially savvy. This program rewards you for making smart money decisions, and we’re providing all of its services to you—including your membership as a gift—free of charge!

If you haven’t created your SALT account yet, visit www.saltmoney.org/parklandcollege to sign up today!

[Dawn Good is a financial aid advisor in Parkland’s Financial Aid and Veteran Services office.]