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SMMC News & Events Blog
This blog highlights news, events, and informative articles on personal finance from University of Illinois System's Student Money Management Center. Feel free to navigate to different categories with the list of topics on the right or search for a specific topic next to the view all link below.

blog posts

  • White piggy bank with text: Investing to Reach Financial Goals

    Podcast: Investing to Reach Financial Goals

    In episode 57 of Making Cents of Money, Andrea and Nikki interviewed Alan Sorcher and Anne McKinley from the US Securities and Exchange Commission on strategic ways to approach investing to build wealth.

  • Image of women with colored powder on them for Diwali with text that reads "Happy International Women's Day"

    Podcast: Happy International Women's Day!

    In episode 58 of Making Cents of Money, Andrea and Nikki interviewed SMMC's very own Ramya Vaidyanathan about her experience providing financial education to women in India.

  • Sky with clouds above Illini Union roof at University of Illinois Urbana Champaign with text: Job Opening for UIUC Grad Student

    SMMC Grad Hourly Job Openings at UIUC

    Are you looking for an opportunity to enhance your professional skills while in school as well as your knowledge of personal finance? University Bursar's Student Money Management Center has two job openings at Urbana!

    Apply to be an SMMC Support Specialist!

  • Tax Filing 101: Forms & Facts You Need to Know

    As we get closer to the tax filing deadline for the United States, it is important to knwo the intricacies and important forms for filing taxes.

  • 2 women in a shop looking at an item together with white text: "Conscious Consumerism"

    Podcast: Conscious Consumerism

    In episode 59 of Making Cents of Money, Andrea and Nikki discuss the meaning of conscious consumerism and how aligning your spending with your values can make an impact.

  • Image of earth from space with "How Your Spending Can Change the World" in white text

    How Your Spending Can Change the World - Get Savvy Webinar Recording

    Explore how your spending can change the world by watching this webinar recording from March 29, 2023.

  • Pointer finger with tiny graduation cap on it

    Know What You Owe Challenge - Spring 2023

    About half of students at the University of Illinois take out loans to fund their degrees. Make sure you're not surprised by the amount of student loans you have taken out when you graduate by taking the Know What You Owe Challenge which runs April 1 - May 1, 2023.

  • Top of graduation cap with money and words overlaid that say "Return to Repayment UPDATE"

    Podcast: Return to Repayment (Student Loans Update)

    In episode 60 of Making Cents of Money, Andrea and Nikki talk about the current status of federal student loans and how to prepare for the return to repayment which is expected in the next few months.

  • Credit Cards and Travel

    Travel credit cards have become very popular, offering a wide range of benefits if you use them wisely. Read on to learn about the pros and cons of using credit cards during travel and strategies for responsible credit card use.

  • hand stacking blocks with icons representing healthcare and "Health Insurance Dissected" text

    Health Insurance Dissected - Get Savvy Webinar Recording

    Dissect the ins and outs of health insurance by watching this webinar recording from April 12, 2023.

  • sunset with utilities lines and white text that reads "Help with Utilities Bills"

    Podcast: Help with Utility Bills

    In episode 61 of Making Cents of Money, we learn about the Low Income Home Energy Assistance Program (LIHEAP). If you're struggling to pay utilities, apply by May 31!

  • image of cash and graduation cap with "Student Loan Management" text

    Student Loan Management - Get Savvy Webinar Recording

    Explore methods of student loan management by watching this webinar recording from May 3, 2023.

  • Saving Up for a Side Hustle

    To complement our Side Hustles & Small Businesses webinar from last fall, we wanted to share some tips on saving up for starting a small business.

  • Image of capital building and stethascope with white text that says "Get Covered, Illinois"

    Podcast: Get Covered, Illinois

    In episode 62 of Making Cents of Money, Brian Gorman, Director of Outreach & Engagement for Get Covered Illinois, answers our questions about managing healthcare costs.

  • Image of wooden family figurines and house with text "Help for Homeowners"

    Podcast: Help for Homeowners

    In episode 63 of Making Cents of Money, Kari Byer, Director of the APLD & Investigations, joins us to talk about programs designed to help those who may be struggling with initial and ongoing homeownership costs.

  • Screenshot of google map for financial institutions created by SMMC with white text: Financial Institutions Map

    Banking Locations Near Each University

    Looking for a financial institution on campus? Explore our Google Map for locations on or close to each campus in the University of Illinois System.

  • Get Savvy: Grow Your Green Stuff Webinar Series

    Student Loan Updates - Mini Webinar Series for 2023-2024

    SMMC & IDFPR are co-hosting a monthly webinar series between July 2023 - March 2024. Each 15-20 minute webinar will focus on a different topic related to federal student loans as repayment begins again in October 2023.

  • Calendar with date circled that says Pay Rent! next to a roll of money

    Podcast: Help for Renters

    In episode 64 of Making Cents of Money, Kari Byer, Director of the APLD & Investigations, joins us again to talk about programs designed to help find and afford renting a place to live.

  • Student Loan Updates Webinars for 2023/2024

    Our Student Loan Updates webinar series will run from July 2023 - March 2024 with 10-20 minute webinars on different topics each month.

  • Get Savvy: Grow Your Green Stuff Webinar Series

    Get $avvy - Grow Your Green $tuff Webinars for 2023-2024

    The 2023-2024 Get Savvy: Grow Your Green Stuff annual webinar series schedule is out. Register today and Get Savvy.

  • Podcast: Financial Planner vs AI

    In episode 65 of Making Cents of Money, Financial Planner vs AI, we discuss the pros and cons of using Artificial Intelligence language model, ChatGPT, to answer financial planning questions with the help of Donovan Sanchez, CFP®.

  • Student Loan Update 1 - Log into FSA and Update Contact Info

    Student Loans Webinar #1 Recording: Logging into FSA to Update Contact Info

    We discussed many aspects of returning to repayment during this webinar, but the primary action item we focused on was updating your contact info in your FSA account.

  • How I Avoided a Phone Call Scam in My First Week in the United States

    This article is meant to put people, particularly first-time travellers in the United States (US), on alert on the activities of phone call scammers. 

  • Password Managers

    Podcast: Password Managers

    In episode 66 of Making Cents of Money, Password Managers, we explore what password managers are and how they can be leveraged to protect your important information.

  • Identifying Expenses: Fixed, Flexible, or Occasional?

    If you're looking for a better understanding of how to categorize expenses in your budget or spending plan, explore the differences between fixed, flexible, and occassional costs.

  • What's a Credit Report Anyway?

    Podcast: What's a Credit Report Anyway?

    In episode 67 of Making Cents of Money, What's a Credit Report Anyway?, Nikki and Andrea discuss what's in your credit reports and how to get them at AnnualCreditReport.com.

  • Financial Aid Notifications: Cost of Attendance is Estimated

    Financial aid notifications, or award letters, contain valuable information that help you understand the costs of college. However, it's important to remember that Cost of Attendance is an estimate.

  • Funding a College Education

    Funding your education can be a daunting task, but there are many tools to help students and their families cover the cost of a college education.

  • Decreasing Borrowing While in School

    Student loans can be a valuable tool for increasing access to higher education, but it does come with a cost. Learn how to limit those costs while in school so you decrease future costs of compounding interest.

  • Cash at College

    Webinar Recording: Cash at College

    Discover how spending, saving, and student loans impact your college experience.

  • Student Loan Update 2 - Explore Repayment Plans

    Student Loans Webinar #2 Recording: Explore Repayment Plans with the Loan Simulator

    We explained the many repayment plan options available for federal loans, but the primary action item we wanted you to focus on was using the Loan Simulator to explore repayment plan eligibility.  

  • The Financial Impact of Digital Illiteracy

    Podcast: The Financial Impact of Digital Illiteracy

    In episode 68 of Making Cents of Money, The Financial Impact of Digital Illiteracy, Andrea and Nikki explore the financial implications of digital Illiteracy in our digital age.

  • woman drinking coffee and smiling at a computer with her hand in the air

    Understand Your Refund - Fall 2023

    Hundreds of students end up unable to register every semester because they owe money back to the university, even after receiving a refund. Learn how to avoid being one of them.

  • Breaking a Rental Lease in Illinois

    Kwabena Sarfo Adjei, SMMC Support Specialist and LLM student at University of Illinois Urbana-Champaign's College of Law, describes how he was able to get out of his rental lease after finding the rental property did not meet his expectations.

  • Man smiling while holding paycheck. White text reads "Understanding Your Paycheck"

    Podcast: Understanding Your Paycheck

    In episode 69 of Making Cents of Money, Understanding Your Paycheck, Nikki and Andrea talk about something you're bound to love: your paycheck!

  • Read Before You Sign: Renting & Leasing

    Webinar Recording: Read Before You Sign

    Get savvy about renting & leasing! Understand your rights & responsibilities when it comes to renting a place to live. 

  • Student Loan Update 3 - Consolidation or Refinancing

    Student Loans Webinar #3 Recording: Review Consolidation or Refinancing

    We discussed interest and the differences between consolidating and refinancing your student loans. Carefully consider the consequences of using a private refinance loan to pay off federal student loans.

  • Magnifying glass over newspaper focusing on Interest Rates with white text that reads "The Impact of Compound Interest"

    Podcast: The Impact of Compound Interest

    In episode 70 of Making Cents of Money, The Impact of Compound Interest, Andrea and Nikki explore the complicated relationship we can have with compound interest when it comes to accomplishing financial goals.

  • Refinancing an International Education Loan in the United States

    Suhas Vetri Annamalai, SMMC Support Specialist and student at University of Illinois Urbana-Champaign's College of Law, discusses multiple factors to consider when deciding if refinancing your international student loan in the U.S. is the right choice for you.

  • Image with line chart and graph behind white text that reads World Investor Week

    Podcast: World Investor Week

    In episode 71 of Making Cents of Money, World Investor Week, Andrea interviews Alan Sorcher and Anne McKinley from the US Securities & Exchange Commission in honor of World Investor Week on ways investors can learn about securities throughout the year.

  • Spooked by Spending Plans?

    Webinar Recording: Spooked by Spending Plans?

    Discover spending motivations and find money management tools that work for you to face your financial fears.

  • Podcast: Understanding FAFSA

    In episode 72 of Making Cents of Money, Understanding FAFSA, Beth Groves, Professional Development Specialist from the Illinois Student Assistance Commission (ISAC) talks about major changes to the FAFSA, delays, and its importance for anyone considering post-secondary education.

  • Student Loan Update 4 - Know Options if You Can't Pay

    Student Loans Webinar #4 Recording: Know Options if You Can't Pay

    We focused on what your options are if you can't make a payment, including the differences between deferment and forbearance. 

  • Podcast: Loan Payments Resumed in October

    In episode 73 of Making Cents of Money, Loan Payments Resumed in October, we discussed the "on-ramp" to repayment being implemented by the U.S. Department of Education as millions of borrowers started making payments on their federal loans again in October.

  • Talking to Family About Money During Holidays

    As the holidays are coming in, you are probably thinking of the trips, events, food, and gifts that come with it. However, this holiday, you may consider having a conversation with your family about how the pressures of this season can affect your resources (financial or otherwise).

  • Don't Get Phished: Avoid Scams & Fraud

    Webinar Recording: Don't Get Phished

    Stay one step ahead of scams and fraud! Learn ways to protect yourself, recognize identity theft, and take action if affected.  

  • Behavioral Economics: Five Ways to Shift Your Habits

    When considering decision-making in terms of your finances, it’s important to understand behavioral economics so we can develop healthier spending habits and save money along the way.

  • Know What You Owe Challenge - Fall 2023

    About half of students at the University of Illinois take out loans to fund their degrees. Make sure you're not surprised by the amount of student loans you have taken out when you graduate by taking the Know What You Owe Challenge which runs November 14 - December 15, 2023.

  • Student Loan Update 5 - Fresh Start & On-Ramp to Repayment

    Student Loans Webinar #5 Recording: Fresh Start & On-Ramp to Repayment

    We discussed both the On-Ramp to Repayment and the Fresh Start Program during this webinar. If you had loans previously in Default, the Fresh Start program may be a good program for you. 

  • Podcast: Credit Reports Update

    In episode 74 of Making Cents of Money, Credit Reports Update, we had a Consumer Alert! Experian, Equifax, and TransUnion are allowing access to free, weekly credit reports indefinitely now.