Financial Literacy and Wellness Center
Knowledge is power when navigating your financial landscape. These resources are designed to help you make more informed money decisions with confidence.
Understanding your financial options
Whether you’re looking to understand the budgeting, borrowing or money-saving basics, take a comprehensive financial literacy course or explore in-depth articles designed specifically for students like you, we’ve got you covered.
University of Phoenix students also have access to iGrad, filled with financial wellness resources built with you in mind. iGrad has tools to personalize your financial journey, including ways to help you manage your finances responsibly, increase your financial knowledge and find financial resources.
How to pay for college
Learn about the variety of options students have when paying for college and make informed decisions to support your academic journey.
Pro tip
Balance necessary expenses beside personal spending and saving with the 50/30/20 budget rule.
FP/100T
Every day economics and finances
Learn how to think and work with your money in this course. Check with your academic counselor to see how this fits in your program.
From budgeting and taxes to credit scores, investing and retirement planning, all can learn something in this class.”
RITA NICELY, MBA, MHA
Sr. Manager College Operations; Everyday Economics and Finances Faculty
Pro tip
Making a financial plan is a good first step towards finding ways to save.
Find ways to save with our Savings Explorer® tool
Learn how to save on your education and get the credit you deserve.
Find ways to save with our Savings Explorer® tool
Learn how to save on your education and get the credit you deserve.
Scholarship search
Discover hand-picked, quality scholarships to help pay for school.
Ways to save
Explore your options to reduce the cost of your education.
Ways to save
Explore your options to reduce the cost of your education.
Smart borrowing
A tale of two students
Borrowing responsibly means less loan repayment later. See our comparison of two students — both with identical financial aid eligibility — who chose to borrow different amounts.
![A bar graph comparing two students' financial aid scenarios. Taylor borrowed $42,000, resulting in a $483 monthly payment, while Charlie was eligible to borrow $42,000 but only borrowed $16,000, resulting in a $184 monthly payment. Both payments assume a 10-year repayment plan at 6.8% interest. See footnote [1] below for more details.](/student-resources/financial-literacy/_jcr_content/root/container/container/tabs_copy_copy/item_1733160499592_c/container/container_copy/container_1792150574/image.coreimg.png/1734462966142/tale-of-two-students-comparison-v2.png)
Common Strategies for Getting Out of Debt
Borrowing money is easier than paying it back. Learn how to avoid financially unwise debt decisions.
Smart Borrowing:
Limit Your Loan Debt
Learn about the variety of options students have when paying for college.
[1] Both monthly payment amounts were calculated based on a 10-year standard payment plan with an interest rate of 6.8%. Charlie’s monthly payment amount was calculated based on a borrowing scenario of $16,000 in subsidized Direct Loans over a 4-year period. Taylor’s monthly payment amount was calculated based on a borrowing scenario of $19,000 in subsidized Direct Loans and $23,000 unsubsidized Direct Loans over a 4-year period. If Taylor did not pay all of the accruing interest while in school (as our example suggests), the monthly payment amount would be even higher.
As a University, we talk about responsible borrowing with student loans — this applies to all debt in your life. By learning and increasing financial literacy, our students feel better prepared to manage their futures."
Chris Conway
Director of Financial Literacy, Everyday Economics and Finances Faculty
Financial Coaching at our Life Resource Center
At University of Phoenix, we’re committed to your well-being at school, work and life. Current students can speak with a personal money coach who will help identify financial goals and provide a suggested action plan.
Financial wellness webinars
We are pleased to present a 10-part monthly webinar series in collaboration with Goalsetter, an award-winning financial education platform. This free, virtual series combines Goalsetter’s curriculum with valuable insights from industry leaders to help individuals and families understand financial wellness concepts. Register for an upcoming session or catch up on past webinars below.
Master your money
Find out how smart money management skills can support your financial goals.
Paying for school
Discover practical tips for finding scholarships and navigating student loans.
Managing credit card debt
Learn how you can develop healthy habits to build and improve your credit.
5 tips to stop overspending
Discover ways to curb overspending and thrive on a budget.
Yes, you can save money
Find out why starting to save early matters and explore simple, effective ways to start.
Financial Coaching at our Life Resource Center
At University of Phoenix, we’re committed to your well-being at school, work and life. Current students can speak with a personal money coach who will help identify financial goals and provide a suggested action plan.
Questions?
Our students receive one-on-one support from their finance advisor who can explain financial aid options at every step. Not yet a student? Contact our Enrollment Representatives at 866-766-0766 or schedule a consultation to learn more.