The Board of Regents, State of Iowa has mandated the three public institutions in Iowa (Iowa State University, University of Iowa, and the University of Northern Iowa) offer a financial education training to help students make smart financial decisions and better manage their money.
It is no secret that the cost of college is a sizeable financial investment. Figuring out how to pay for college, managing credit and debit cards, knowing how to create a budget, and saving for your future can all feel overwhelming.
In order to take the fear out of finances and to encourage student to invest in themselves, all freshman will be required to complete Cyclone CashCourse during their first fall semester at Iowa State University.
Cyclone CashCourse is an online training to help building the financial foundation students need to live a financially healthy life now and long into the future. The training will include modules on managing money, paying for college, borrowing student loans, understanding credit and investing in your future. Students will be able to complete the modules at their own pace over the semester. All modules must be completed by the end of the fall semester.
Workshops will be offered if a student prefer to complete the requirement through in person instruction.
Students will have access to Peer Financial Educators. The Peer Financial Educators are Cyclones who have experiences with money that can be helpful in navigating and understanding finances as a college student.
Cyclone CashCourse will automatically appear in your Canvas account during your first fall term at Iowa State University. Students can begin completing the training when the semester starts and should have all modules completed by the end of the semester. The Peer Financial Educators will be available to students for timely reminders, encouragement and one-on-one meetings throughout the training.
In order to complete the training, students will need to create a free, online account with CashCourse at www.cashcourse.org . The modules will be available through the CashCourse website. Cyclone CashCourse is coordinated by the Student Loan Education Office, a unit of the Office of Student Financial Aid and Division of Student Affairs.