Financial Resources

College is expensive. For many of us it will be the single largest expense we will have in a lifetime. Don't let finances be a roadblock to your education! The EOC advisors can help you navigate the process and determine what assistance you may be eligible for.

Check out these free financial resources for students, with useful information about how to pay for school, budgeting, and student aid:

Salt is an online financial literacy and money management tool designed for college students, that will help you with planning for, paying for, and repaying the cost of your education.

360 Degrees of Financial Literacy is a free resource brought to you by the American Institute of CPAs, that has financial resources and advice for all stages of life. Check out the tips and tools offered just for college students!

The College Affordability Guide is an in-depth search engine that allows you to find the most affordable, but also high-quality, colleges and degree programs in your area. You can browse school rankings by both subject and state.

Big Future, powered by College Board, offers advice and resources to help you pay for college, including student calculators that allow you to crunch the numbers so you can make a real plan that works for you.

Signing up for a free account with CashCourse: Your Real-Life Money Guide will get you access to financial tools and lessons that will teach you how to make informed choices and start taking charge of your money.

A one-stop shop for you to find scholarships and other sources of financial aid to help you pay for school.

Bad Student Loans

The three different types of financial aid are grants, scholarships, and loans.


Educational loans are not the same as a bank loan. It is possible to get a loan for school even if you have bad credit, and they can also be lower in interest rate. Many times the loan can be deferred until after you graduation. However, loans should be a last resort. We will make every effort to help you attend school without taking any loans.


Being in default on old student loans is one of the most common problems the EOC encounters with our clients. We can assist you on what steps to take next to get out of default, so that you can go back to school and be eligible for federal financial aid again.


This is an option for getting your student loans out of default. This option will allow your repayment plan to be calculated based off of your current income, possibly lowering your payments. Once you have made payments on your loan(s) for 6 consecutive months, you will no longer be in default.


If you have several student loans from multiple lenders, then consolidating those loans into one loan would allow you to make just one payment per month, instead of many. It may also help to lower your payment amount.


This is only available in limited situations, but if you are in default then it may be worth consideration.