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Financial literacy
Successful student loan repayment begins with financial literacy

We all want to see student loan borrowers successfully repay their loans. But some lack the financial acumen to make that happen. That’s why we invest in financial literacy.

ECMC’s financial literacy program

Our nationally recognized financial literacy program—Financial Awareness Basics (FAB)—helps teach students the basics of managing money, budgeting and financing their higher education. Topics include:

  • Basics of student loans
  • Credit cards
  • Managing debt
  • Budgeting
  • Credit reports and credit scores
  • Bank accounts
  • Money and your personality
  • Identity theft

We provide financial literacy materials and training to schools and lenders at no cost. We also provide free, on-campus financial literacy workshops.

Financial literacy tools for students

ECMC provides tools that can help students and borrowers manage money more effectively. As a lender, you are free to use our materials to augment your financial education products.

Financial tools we offer our schools

We work hard to help schools increase financial literacy through training and workshops. We also provide custom web pages for schools where they can provide financial literacy information for students.

    I can't afford my payments, how can I lower them? Are there ways to get my loans forgiven or even canceled? I have missed several payments now what? I'm worried I won't be able to make my payment, what can I do? What if I don't pay?