The Commons

No matter how much money you havesix different hands holding up colourful letters spelling budget

Financial wellness means knowing how much money you have and where you spend it.

If you don't know where to start managing your money, or if you need to learn how to set up a budget, Lakeland’s wellness advisors can help you with money management skills. Stop in at student services to talk with an advisor, or contact them by phone or email.

Our financial aid and awards staff can also help you with financial tools, scholarship and awards information and student loan information.

Want some more information? Check out the links below for some great resources.

CanLearn arrow View
CanLearn is a comprehensive site developed by the Canadian government with partners that have expertise in learning, career planning and financial planning. The site covers information and services Canadians need to decide what and where to study and how to cover the costs.

This is where you apply online for your Canada Student Loan, but its subjects start with saving for education with things such as registered education savings plans and how to choose them and incentives provided by the federal and provincial governments.

Practical Money Skills arrow View
Practical Money Skills Canada is a website about financial literacy that has a couple of sections designed for post-secondary students.

Heading to post-secondary is about financing your education, scholarships & bursaries, government student loans, budgeting for college life.

Student banking services talks about student cards, using ATMs, debit cards, credit cards, credit unions and online banking.

Calculators education & college  has 3 calculators back-to-school budget, building an education fund and repaying student loans.

Debt Free Forever Tools arrow View
Gail Vaz-Oxlade the financial guru in the Canadian series Til debt due us part.   Her website has great resources and tips on how to stretch your dollar as well as what she calls Debt Free Forever tools.

This includes:

Your Money from the Canadian Bankers Association arrow View
Your Money Student developed by the Canadian Bankers Association, covers budgeting, saving, investing, borrowing, credit profile.
US Based Resources arrow View
Some of these tools are applicable for general money sense, however, please note that the US student loan and financial/banking systems are substantially different than what we have in Canada. So, if there are references to paying back loans or certain investment and tax savings--those may not be the same in Canada.

CashCourse is a online US resource. It bills itself as “real-life guide to taking charge of your money”. Students may register for a free account.

College Parents of America includes 11 Basic Financial Tips for College Students. These are just general money management tips. For students at our campuses where there isn’t public transportation, leaving your car isn’t really an option.

The University of North Dakota has a 5 step financial plan 5 step financial plan and also a spending plan. These are both general resources.

You can Deal with It is a US based website,a public service of the Pennsylvania Higher Education Assistance Agency (PHEAA) and its student loan servicing operations, FedLoan Servicing and American Education Services (AES). Among the website’s topics are how to set a budget and graduating without debt. The how-to is based on the American student loan system, so specifics aren’t applicable to Canadians. However, the calculators and other resources may be useful.