TG STUDENT FINANCIAL EDUCATION

The TG Student Financial Education Program is offered at no cost to Texas secondary and postsecondary institutions, as well as certain Texas community-based organizations with missions that focus on college access and success. The program helps students with money management and covers a range of topics, such as:

  • Applying for financial aid
  • Enrolling in community college
  • Saving and investing
  • Building spending plans
  • Meeting college costs
  • Repaying student loans successfully

Structure of the Program

The interactive TG Student Financial Education Program provides “ready-to-use” training materials  for college access and success professionals to provide to students. The program’s modules are presented in small chunks of memorable content to increase retention. The modules can be mixed and matched in different combinations.

Each module typically contains:

  • A 15-minute presentation and speaker script
  • A workbook for each participant that includes a section for notes, FAQs, a glossary, and a list of suggested resources for further study
  • A 15- to 20-minute activity designed to reinforce learning objectives introduced in the presentation
  • A program evaluation form to be completed by each participant

Contact a TG Student Financial Education Consultant for more details.

Modules

Click on the titles below to learn more about the content of each module.

Financial Literacy

This module provides an overview of financial institutions such as banks and credit unions, and helps students understand the benefits of these institutions and the services they offer to help protect, save, and manage money.

This module provides an overview of the expenses and income that could be incorporated in a college student’s spending plan. It focuses on the expenses in a college’s cost of attendance, other expenses, and sources of support, including financial aid.

This module shows how borrowers can use future income to make large purchases, such as paying for an education or a house. It talks about how lenders make money and the cost of borrowing, and offers tips for maintaining creditworthiness.

This module provides an overview of how benefits can increase the value of an employee’s total compensation. It covers a range of benefit options, including different types of retirement plans, leave, health and disability insurance, and cafeteria plans.

This module looks at the big picture of what workers earn. Topics include what it means to be an exempt employee, tax withholding, and how location affects the cost of living.

This module provides information to help parents and students understand the costs of attending college and learn about meeting those costs.

This module talks about the ways credit affects many parts of people’s lives, tells students what they need to know about credit reports and credit scores, and offers guidelines for keeping one’s credit in good shape, including how to avoid identity theft.

This module provides an overview of how people can adjust spending plans to stay in step with financial circumstances. It includes information on avoiding fees, and shares tools and systems to keep accurate track of where money goes each month.

This module helps students think about the differences between things that are fundamental necessities and those that are desires or preferences, and how these things can vary across time and circumstance.

This module illustrates how money can grow over time. It discusses yield, risk, diversification, and other fundamental concepts as they apply to understanding and selecting savings and investment vehicles.

This module discusses financial goal-setting, including how specific the goals can be and the timeframe set for the goals. It covers how trade-offs and priorities apply to financial goals, and how regular savings can protect long-term goals from being derailed by unexpected expenses.

This module shows steps borrowers may choose to take to get out of financial trouble. It discusses using a cash flow statement and a balance sheet, symptoms and causes of debt problems, and how to be a smart consumer of professional credit and financial counseling services.

This module explores strategic thinking as it relates to income and expenses. It includes information on reducing spending and planning ahead not only for monthly bills, but also for things like regular savings, as well as expenses that aren’t part of each month’s budget, such as quarterly car insurance payments.

College Access and Student Success

This module provides guidance for students who are interested in attending a community college but aren’t sure where to start. It covers four key steps: knowing your goal, applying for admission, applying for financial aid, and registering for classes. The module also showcases common myths and realities of community college.

This module talks about how students can graduate on time to the careers they want and with debt that they can repay. The key is making informed decisions throughout college, including choosing a career, picking classes, and borrowing for school. The module explains how students can make those decisions with the help of key offices on campus and by doing their own research.

This module helps students and families learn more about how to pursue higher education. It provides key information for students and parents about the role of financial aid in helping to pay for an education.

This module explores the Free Application for Federal Student Aid. It explains how the FAFSA is used in the financial aid process and provides an overview of each section of the form, preparing students and families to complete the FAFSA successfully.

Student Loan Counseling

This entrance counseling session is designed for first-time student borrowers. Borrowing is a serious matter, and this session discusses topics students should understand as they take this step. Among other fundamentals, the session covers the master promissory note, types of federal loans, interest capitalization, loan repayment, and other key elements students should understand when making the decision to finance higher education.

This exit counseling session is designed for student borrowers who took advantage of the Federal Direct Loan Program (FDLP) or the Federal Family Education Loan Program (FFELP) and who are soon to enter repayment. The session discusses repayment plan options, loan forgiveness and consolidation policies, interest capitalization, and other key elements borrowers should understand as they leave college and enter repayment.

This training module emphasizes the importance of tracking both federal and private student loans, to achieve successful loan repayment. Students also learn about the implications that loan mismanagement can have on their credit histories.

This training module provides an in-depth review of available repayment plans for federal loans. Students also learn about the impact that certain academic decisions can have on repayment of their loans.

This module gives borrowers the opportunity to learn about their specific private loan terms through practical exercises designed to encourage borrowers to assess their spending habits and use their private loan funds wisely.

Train-The-Trainer

How do you get started? We train you to offer the program’s modules to aspiring or current college students and their families, and provide you with access to materials that complement the modules. We do this through a Train-the-Trainer program, available either in person for a group or online via webinar.

To request a Train-the-Trainer event, contact your TG Student Financial Education Consultant or complete our online request form.

TG Learning Center

The TG Learning Center is an engaging training resource accessible via myTG, an online portal for accessing TG products and resources. Many TG Student Financial Education Program modules are also available online through the TG Learning Center. This online learning environment expands the program’s reach, making the curriculum available for a broader audience. Once you are signed up to use the TG Learning Center, you can establish a learning plan and start directing students to take their financial education training online.

TG offers the TG Learning Center at no cost to Texas colleges, and to certain colleges outside of Texas that have borrowers with TG-guaranteed loans. Contact your TG Student Financial Education Consultant for more details.

Questions?

For other questions related to TG Student Financial Education Program, send an email message to studentfinancialed@tgslc.org.