UPDATE: McDaniel College will now be closed today, Thursday, Nov. 15. All classes and events have been canceled. These events include “Books Sandwiched In,” Africa’s Legacy Global Dinner, and tonight’s performance of “Spring Awakening.” The RED Snow Removal Plan is in effect. More info »

Financial Literacy

Personal Financial Literacy is the ability to understand and analyze your finances and your financial opportunities. It enables you to make more informed decisions and choices. We want our students to be financially literate when they step into the world of higher education; including understanding financial aid, loans, debt, rising costs and managing a budget.

The Financial Aid Office recommends using the following resources:

CashCourse

Calculators:

Credit Reports

Money Management:

  • MyMoney.gov – The U.S. government's site for financial education
  • HomeMoneyHelp.com – site offers simple ways to save money on day-to-day living

Debt Management:

  • NFCC.org – site provides information on setting up debt repayment plans

Identity Theft:

Credit Cards:

  • BankRate.com – site has rate information for credits cards, mortgages, and explains how to manage credit
Graduate Financial Aid Quick Links:

Financial Aid Application Process

Scholarships and Grants

Loans

Required Steps

Financial Aid Self Service

Maintaining Aid

Forms and Publications

Managing Your Money

Other Sources of Funding

 

Contact Us:

Financial Aid Office
Elderdice Hall
Hours: M-F 8:30-4:30pm
Phone: 410-857-2233
Fax: 410-386-4608
Email: finaid@mcdaniel.edu
School Code: 002109