SaltMoney.org is a free tool offered by K-State for its students and alumni. Powercat Financial Counseling has partnered with American Student Assistance to provide this service in order to enhance students’ understanding of finances such as student loans, credit, and budgeting, and to help with scholarship, internship, and job searches. Salt offers short online courses that can help you learn about various financial topics, a student loan repayment calculator, articles and blogs, and much more.
My Money 101
Do you know how to choose the right bank or how your credit score can keep you from getting hired at a job? Unfortunately most college classes don’t teach students about personal financial management. Luckily for K-State students, we all have access to Salt and its My Money 101 online interactive courses. These quick courses start with a pre-lesson survey, follow with an interactive lesson over a specific topic, and finish with an examination that awards you with a badge once you complete it. Topics range from budgeting to taxes to educational planning. My Money 101 courses aren’t just for people new to finances. Even if you have previous experience managing your money, there is definitely something you can learn through the online Salt courses.
Salt also has a database with almost 50,000 internship and job positions from over 23,000 companies and the search tool lets you create custom searches based on criteria that matter to you. You are able to filter through searches and when you find something that interests you, Salt lets you upload your resume and apply for the position directly through their site. They even allow you to directly communicate with hiring managers. Additionally, students can also search for scholarships: nothing beats free money. Salt allows you another area to search for over 2.4 million scholarships totally over $14 billion dollars. Before you begin to search, Salt lets you plug information in that narrows the search down to scholarships that match your qualifications to help save you time. Salt’s search engines give you the opportunity to find even more opportunities to make you successful in college and beyond.
Salt is a great tool for understanding your student loan debt and how it will affect your finances in the future. First, you can upload your student loan information onto your account and even add in other debt from credit cards, car loans, etc… to be able to keep track of everything in one place. You can then pull your student loans into a repayment calculator that will show what your monthly payments will be based on the different repayment plans. There is a plethora of information regarding the different repayment plans, loan forgiveness, late payments, etc… Another great perk of Salt is loan experts that students can call with questions they may have after graduation when they can no longer come into PFC.
Additionally, There are constantly articles and blogs being published on the site concerning anything related to financial management. However, it goes beyond money. There is plenty of help on interviewing, resumes, networking, and getting the most out of your internship. There is even a community area where you can post questions you have and peers can help answer. K-State has provided its students and alumni with a great tool to increase their financial literacy. It is easy and very quick to create a free account at saltmoney.org by putting Kansas State University as the school/organization.
If you’re looking through Salt and have any further questions or would like to meet with Powercat Financial Counseling concerning other financial topics, we would love to help out! You can schedule a free appointment on our website at www.k-state.edu/pfc/services.
Peer Counselor I
Powercat Financial Counseling