For many college students, money is an extremely important and sometimes stressful topic. We know that understanding how to manage money is an important part of student success. Through education, awareness and mentoring, the Financial Wellness Center is designed to give all students tools and resources needed to empower them to make healthy financial decisions.
Hours of Operation
Monday - Friday, 9am - 5pm
While our physical office is closed, phone and virtual appointments are available.
Financial Coach Virtual Drop-In Appointments: Tuesdays and Thursdays from 2-4pm, Fridays from 10am-12pm & 2-4pm. Click to join the zoom meeting or use Zoom Meeting ID: 950 1046 2806.
Fariborz Maseeh Hall (FMH)
First Floor, Suite 130 (physical office closed)
If you are a third-party sponsored student (an employer, embassy, or Veterans Affairs pays your tuition and fees) and would like to make an appointment with our third-party Financial Coaches, email firstname.lastname@example.org to schedule an appointment.
Connect with a Financial Wellness Coach
Meet with a financial wellness coach to discuss your PSU student account, re-enrolling at PSU, resolving a debt owed to PSU, understanding the cost of college, creating a sustainable budget, repairing credit, or repaying student loans.
April is a Financial Coach in the FWC who works with current and former students to discuss making a plan to pay for school, budgeting, student loans, and managing debt. April habla español.
Kareem is a Certified Personal Financial Manager and Financial Coach in the FWC. He’s served for over ten years in student finance and is committed to helping students and promoting financial wellness through effective, proactive financial management.
Joanie is a Financial Coach in the FWC who works with students to discuss financial graduation plans, personal budgeting, and managing debt.
Emilia is a Financial Coach in the FWC with background experience in financial aid. In her spare time, Emilia takes post-graduate courses at PSU. Her goal for all students is to help them explore their available financial pathways and empower them to make healthy financial decisions.
Online Financial Education
Students have free access to the FWC Financial Education Center for short modules and playlists with financial education insights such as:
- Understanding your student loans and how to pay them off
- How building your credit works
- Different budgeting hacks
- And more!
Logon to the Financial Education Center with your PSU credentials to check it out!
Join the FWC every third Thursday where you can connect with Peer Mentors and Financial Coaches. They can help answer some questions about your individual financial needs and concerns. Peer Mentors are PSU students who have been specially trained to address financial issues specific to the student experience. Be sure to check out their "how to" stories through social media at instagram.com/psufwc.
Financial Wellness Center Group Presentations
College Cost Meter
Each year you’re enrolled at Portland State University, we’ll send you an email with information about your total federal student loan debt that you have borrowed so far, as well as the total amount of tuition and fees you have paid to Portland State. The communication will include:
- Your Total Federal Student Loan Debt: Your aggregate student loan borrowing amounts will be included. This means all federal student loans that you have borrowed, even if you borrowed loans at another school will be included. This will not include private student loans or credit card debt and the interest rate shown in the email will be estimated. Log into your federal student loan dashboard at studentloans.gov to review your official federal student loan totals and interest rates
- Your Total Tuition and Fees: The total amount in tuition and fees that you have paid to Portland State will be included. This will not include housing charges, transportation charges, or other non-tuition charges paid to the University.
- Your Estimated Federal Student Loan Repayment: The repayment estimation is based on the Standard Repayment Plan, which is a 10 year repayment plan. Other repayment plans are available which take your income into account when calculating your monthly payment. Use the Federal Student Loan Repayment Estimator to calculate your monthly repayment for all nine repayment plans.
- Student Loan Limits: This communication will include a calculation the percent of the aggregate student loan limit that you have borrowed so far. Review the Federal Student Loan Limits.
- Recommended Next Steps:
- We recommend that you complete the online Financial Awareness Counseling. This counseling session provides tools and information to help you understand your financial aid and assist you in managing your finances.
- Set up your Student Loan Snapshot on iGrad and track all your loans in one, easy place.
The Financial Wellness Center is committed to connecting students and their families with resources for financial education. Below are links to PSU-specific services, as well as links to other outside resources.
- PSU: CARE Team - Support for PSU students in distress financially, emotionally, or otherwise.
- PSU: Financial Aid - Information and assistance regarding federal student aid.
- PSU: Scholarships - Search & apply for PSU scholarships.
- PSU: Student Legal Services - Free legal counseling for current PSU students.
- PSU: Food Assistance - Information on food resources available to PSU students.
- PSU: Committee for Improving Student Food Security (CISFS) - Working to improve food security.
- PSU: Committee for Improving Student Food Security - The FWC's partner in providing sustainable food sources for PSU students and community members.
- Credit Karma - How to build your credit.
- Bad Credit - How to improve bad credit scores.
- Why Credit Matters - Why your credit score matters and what you should know about it.
- Choosing a Credit Card - How to decide which one is right for you.
- helpwithmybank.gov - Helpful Q&A
- Federal Student Aid - Loan repayment plans.
- Loan Repayment Estimator - Know what to expect in repayment amounts and time frames.
- Public vs. Private Loans - What's the difference between them?
- Student Loan Forgiveness - A list of forgiveness programs and options.
- The Student Debt Project - The Guardian looks at life with student debt.
- Student Loan Repayment Checklist - Stay on track to be on top of your debt.
- Nerd Wallet - Getting and staying out of credit card debt.
- The Lasting Consequences of Student Loan Debt - An article from NPR on long-term effects.
- Student Loan Hero - Information about managing and living with student loans.
- 3 Ways to Get Out of Default - Homeroom, the Department of Education's official blog.
- Financial Wellness Soccer Game - Test your knowledge!
- The College Investor - Investing and personal finance management tips.
- Build Financial Literacy - Specific steps students should take.
- College Parents of America - Advice for the parents of college students.
- The National Bureau of Economic Research - Why is financial wellness important?
- TED Talk on Financial Literacy - Mellody Hobson on financial literacy.
- America Saves - Tips for understanding and managing your financial situation.
- Hope and Cents - Money-saving ideas and strategies.
- CentSai - Financial education through personal stories.
- Better Money Habits - Personal finance management information.
- Cash Course - A free course in financial wellbeing.
- Innovative Changes - This nonprofit community organization provides financial literacy opportunities.
- Smart About Money - 40 key financial facts every student should know.
- Consumer Finance Test - Answer some simple questions to analyze your financial well-being.
- MercPerk - Use local coupons.
- Forbes - Tips for college students.
- Wall Street Journal - Tips for college students.
- Budget Bytes - Cheap and delicious meal recipes.
- TriMet - Save money by taking public transit.
- Portland on the Cheap - Have fun for less in Portland.
- Life Hacker - The best personal finance posts of 2016
- Two Cents - Tips and tricks for saving money.
- Money Crashers - Everyday savings ideas.
- Create a Savings Plan - Three tips for developing your savings plan.
- How to Access Your 1098-T
- CASH Oregon (CASH Oregon has a location within the PSU School of Business)
- IRS eFile - Free IRS tax filing.
- Tax Tips - Helpful tax information specifically for college students and their parents.
- Homeroom - How to deduct student loan interest on your taxes.
- Consumer Financial Protection Bureau - Tax Time Savings Tips
- Claiming Tax Credits - How many should you claim, and which, and why?
The Financial Wellness Center is an educational service only, no advice is provided.
The Financial Wellness Center is an educational service only. We do not provide professional investment, legal, or tax advice. The information provided is for general educational purposes only, and is not intended as a substitute for the advice of your investment, legal, and/or tax advisors or to be the basis of specific trading or investment activities. If you need investment, legal, and/or tax advice, please consult with one of these professionals directly.
The links to third-party financial resources are provided as a convenience for informational purposes only. Neither Portland State University or its Financial Wellness Center endorses or approves any of the products, services or opinions of the entities or individuals associated with these links. Portland State University and its Financial Wellness Center bear no responsibility for the accuracy, legality or content of any external site associated with the links provided or any subsequent links.