Financial Literacy is about the ability to understand your finances and develop skills and knowledge to make informed choices through the understanding of your personal finances. It is important to be an educated consumer in order to make the most of what we have and plan for the future. The links below will discuss the basic skills that you need to be financially literate as you make important financial decisions with your budgeting, borrowing, maintenance of credit, spending, saving and investing. Managing money and being aware of your financial responsibilities is important. The U.S. Department of Education provides an excellent tutorial to help students navigate through the various financial aid programs and manage their finances. Students are strongly encouraged to complete Financial Awareness Counselling to understand their loans, manage spending, plan for repayment, and avoid default. Please see the videos to right on Responsible Borrowing and Budgeting.