What is Financial Wellness and Why Does it Matter?
Financial wellness refers to the knowledge and understanding of various financial concepts and skills that enable individuals to make informed and effective decisions about their finances. It encompasses a range of topics, including budgeting, understanding credit, smart borrowing, managing debt, and planning for the future. Financially literate individuals are better equipped to make wise financial choices, avoid common pitfalls like excessive debt, and work toward their financial goals with confidence.
Our team of financial aid advisors are available to meet with you one-on-one to assist with financial wellness topics including:
- applying for financial aid
- budgeting
- understanding credit
- borrowing wisely
- reviewing loan repayment options
- navigating emergency support
Where can you find us?
- Visit us in 2400 UCC or log-in to Zoom Drop-in (Check Our Hours)
- Schedule an appointment
- Talk with us at events across campus such as Admissions/Orientation Info Fairs, FAFSA Pop-Up, Financial Aid related workshops (Verification and Exit Counseling), as well as our Financial Wellness Fair, held at the IMU in April every year
- Request a financial aid or financial wellness presentation–we present to a variety of student groups on campus as well as TRIO classes, living-learning communities, and student organizations
- Follow us on Instagram or Facebook
Current Financial Wellness Resource Highlight
The Financial Aid Advisors are currently listening to and learning from the How To Money podcast!
"How To Money is a podcast & website providing the knowledge & tools that normal folks need to thrive in areas like debt payoff, DIY investing, & crucial money tricks that will provide continuous help along your journey."
Emergency Support
Basic Needs and Support
This site provides listings for campus and community resources that help support basic needs. Food insecurity, child care, health and wellness, mental health, and others are examples of resources you'll find in the directory.
Dean of Students Emergency Fund
This fund was created to assist and support University of Iowa undergraduate, graduate, and professional students who encounter an unforeseen financial emergency or catastrophic event that would otherwise prevent them from continuing their education at the University of Iowa.