NAVIGATING YOUR FINANCIAL FUTURE
Published by the Florida Department of Education, Office of Student Financial Assistance
April 2016
Do you know how to create a budget or the difference between gross pay vs. net pay? What about
how to set up a checking/savings account at a local banking institution? Teens are at a great age to
learn money management and how this skill will be used when managing life on a college campus
away from parental units.
Want to test your financial fitness knowledge?
JumpStart’s Reality Check
FinRa Investor Education Foundation’s Financial Capability Quiz
Kiplinger’s Test Your Financial Fluency
High school students are prime targets of marketing ads enticing them to spend money. This age
group tends to have more “disposable” income — meaning that their money is not committed to a
mortgage payment, utilities, and other living expenses. Pay attention to the ways ads are focused on
the high school demographic.
Take control of your financial life now and know that you are impacting your financial future.
April is Financial Literacy Month
Khan Academy has added a new section called “Paying For College” to its website.
These informative videos are broken down into topic groups for easier access. Take a look for yourself and even encourage your parents/guardians to view them.
The following topics are covered:
The Financial Aid Application Process
Grants and Scholarships
Work Study
Loans
Financial Aid Packages
Need assistance with
the financial aid
process?
Contact OSFA’s
Outreach Team.
We are certified
educators of personal
finance, offering years
of experience in the
field of financial aid.
Visit
NavigatingYourFuture.org
and select the
Contact Us tab.
DID YOU KNOW?
CONTACT US
Financial Aid Award Letters
Springtime is here and high school students moving on to post-
secondary education are beginning to receive financial aid
award letters.
Trying to make sense of the financial
aid package?
A great resource that answers many of
the frequently asked questions about financial aid award letters
can be found at StudentAid.ed.gov.
Many award letters will automatically include federal student
loans within the financial aid award.
When “accepting” the financial aid award — most are offered
online within the student account for that institution — be sure to
carefully review exactly WHAT is being offered and choose ac-
cordingly. You do NOT have to “accept” loans as part of your fi-
nancial aid package.
Full link:
https://studentaid.ed.gov/sa/fafsa/next-steps/accept-aid