Financial Literacy

Learn about student loans

  • Create a four-year plan for student loan borrowing during college.
  • Review your Federal Direct Loan History (Stafford and Perkins loans) and Lender Servicers through - You will need your user name and password used for the FAFSA.
  • Use a loan repayment Loan Simulator.
  • Understand Subsidized vs. Unsubsidized loans.
  • Review the various federal student loan repayment options.

Getting to Know Your Student Loans

Get Information on the types of loans offered to Gettysburg College students.
Gettysburg College's white and gray logo

Making good financial decisions

  • Set up a budget to compare the money you have vs. the money you plan to spend. Use a spreadsheet to organize your expenses vs. income. Break out your budget into categories such as:
    • books
    • meals or entertainment
    • splurges or big ticket items
  • Put aside a portion of your summer or school-year earnings for books in future semesters.
  • Consider ways to maximize summer earnings and investigate internship funding through Gettysburg’s Center for Career Engagement. Think long- term: taking a lower (or even non-paying) internship may help you secure a more competitive job after Gettysburg.
  • If living in an apartment, have conversations before the semester begins about contributions to expenses. If living off-campus and paying various utilities or other bills, discuss and determine expectations for how and when roommates will share these additional costs.
  • Research possible future earnings for various careers through the Occupational Outlook Handbook.

Tips for talking about finances with your parents

  • Appreciate their contributions, both in terms of their time as well as finances, to your success over the years.
  • Ask them when it's best to talk finances. Would they prefer to schedule a specific time?
  • Encourage an open conversation, allowing them to share what they feel comfortable.
  • Bring up what you are prepared to contribute, either in terms of financial contributions through summer/school year earnings, loans or other resources.
  • Help them to understand your short-term and long-term goals (even if they aren't financial goals) and what you are doing to work towards them.

Other campus resources

  • Center for Career Engagement- maximize your post-graduate opportunities and find out about externships, internships and on-campus programs.
  • Center for Global Education- understand the financial benefits of Gettysburg's affiliated off-campus study programs.
  • Student Accounts- get to know your billing statement or contact your Student Accounts Representative.

Other useful websites

  • A comprehensive overview of federal financial aid programs
  • Outside scholarship search engine
  • How much can I earn in career A, B or C? Search for occupations in thousands of industries
  • Tips for parents and students
  • Various resources and tools
  • Financial Well-being- iGrad a comprehensive, online financial well-being resource designed to help develop or improve personal finance skills.