Free Online Resources to Empower Student Financial Success

College is a time for academic exploration and personal growth. It is also a great time to practice real-world personal finance skills like budgeting, saving, and building credit.

In January, any student who has borrowed a federal student loan was sent a mid-year financial check-up email encouraging them to look up their total loan balance using Murphy Online, read up on Financial Tommie Tips, and sign up for SALT to explore ways to limit future borrowing. A similar notice will be sent to student borrowers after spring semester.

As you start to budget for the upcoming academic year, encourage your student to use these free online resources or have them meet with a financial aid counselor if they have any questions about the student loans they have borrowed.

Parents may also sign up for an account with SALT, and those parents who have been assigned proxy access can review loan information using Murphy Online.