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New Online Debt Management Tool for Students

The U.S. Department of Education (ED) just released a new online interactive loan counseling tool to help students manage their loan debt.

 The Financial Awareness Counseling Tool aims to provide students with basic financial management information, such as their current loan debt and estimates of debt levels when interest accrues after graduation.

The tool provides students with five interactive tutorials on topics including managing a budget and avoiding default. Students can also access their individual loan history and receive personalized feedback.

Check this site out for information to help you understand your financial aid and assist you in managing your finances.