Financial Education
Student Finance Bi-Monthly Newsletter - Financial Aid Pulse
Stay Informed with the Office of Student Finance's Newsletter
The Office of Student Finance offers a bi-monthly newsletter to keep students informed about the latest updates, tips, and resources related to financial aid, student loans, scholarships, and budgeting. Each edition features:
- Important Deadlines: Stay on top of application deadlines, loan disbursement dates, and scholarship opportunities
- Financial Aid Tips: Get guidance on managing your financial aid package and reducing student loan debt
- Loan Repayment Updates: Receive important information on repayment plans, forgiveness programs, and strategies to manage student loans effectively
- Scholarship Opportunities: Discover external scholarships that can help fund your education
Previous Editions:
Financial Aid Pulse - March 2025
Financial Aid Pulse - January 2025
Financial Aid Pulse - November 2024
Financial Aid Pulse - September 2024
AAMC Resources and Tools
The AAMC offers unbiased, reliable guidance on financing your medical education, managing personal finances, and effectively repaying student loans. Explore essential financial topics for pre-med students, current medical students, and residents to help you navigate the complexities of medical education and financial planning
- Financial Information, Resources, Services & Tools (FIRST) Resources - Review publications, infographics, charts, and resources on state and federal programs related to financial aid, loans, credit management, budgeting, loan repayment, and scholarships.
- FIRST Fact Sheets - Read about financial topics important for premed students, current medical students, and residents, helping you manage money, navigate student loans, and plan your finances effectively throughout your medical career.
- Guide to Money Management and Student Loans - Understanding key concepts of money management and student loan borrowing is crucial for medical students. This guide provides valuable information to help you build a solid financial foundation and effectively navigate the borrowing process at various stages of your medical education.
- MedLoans Organizer and Calculator (MLOC)
- Financial Wellness Program
- Guide to Public Service Loan Forgiveness (PSLF) - This guide is specifically for federal student loan borrowers and provides an overview of the PSLF program, including eligibility requirements and the steps needed to qualify.
Department of Education
The U.S. Department of Education offers a wide array of tools and resources designed to help students navigate the complexities of student loans, repayment plans, and loan forgiveness programs. Whether you’re a prospective student, a current student, or managing your student loans, these resources offer valuable support to help you make informed decisions about your education and financial future.
Financial Planning & Debt Management
Managing debt and planning your finances are two of the most important steps toward building a secure financial future. Whether you're a student managing student loans, a professional balancing credit card payments, or a retiree preparing for retirement, effective debt management and financial planning empower you to make informed decisions and achieve your long-term goals. Take control of your financial future today!
Free Credit Report & Credit Monitoring Services
Your credit score impacts everything from loan approval to the interest rates you’ll pay. Learn how it’s calculated and the key factors that influence it, including payment history, credit utilization, and the length of your credit history. To maintain a healthy score, make timely payments, reduce credit card balances, and avoid opening too many new accounts within a short period. Additionally, it’s important to regularly check your credit report for accuracy. You’re entitled to one free report every 12 months from each of the major credit bureaus.
Pro Tip: Keep your credit utilization under 30% for a healthy score.
Cost of Living Calculators
A Cost of Living Calculator is a valuable tool that helps you compare the cost of living between different locations, whether you're moving to a new city for school, work, or simply looking to understand how your expenses might change. These calculators consider factors such as housing, groceries, healthcare, transportation, and utilities, giving you a clear picture of what to expect financially.
By entering your current location and desired destination, you can see how your salary or budget will stretch in a different area. This is especially useful for students, professionals, or anyone considering relocation, as it allows you to plan your finances more accurately and make informed decisions about where to live.
Links are provided as a general information resource for the use of visitors to the website. The links provided are maintained by their respective organizations and they are solely responsible for their content. Hofstra does not favor one link over the other, nor does Hofstra endorse or profit, in whole or in part, from any products or services offered or promoted by any of the websites whose links appear.