Institutional News
Clifford On the Importance of Financial Literacy
WalletHub included Bennington Director of Financial Aid Heather Clifford on a panel of experts asked to share advice on how people can improve their credit score.
Clifford noted that “the new app that the Department of Education is going to release next year for the FAFSA (Free Application for Federal Student Aid) has an entire section dedicated to financial literacy."
“The new FAFSA app will have a section for students to understand their student loan borrowing level, connect directly with their loan servicer, get a monthly credit report, freeze their credit reports right from their cell phone, and get alerts. Putting this in the app shows the importance of learning this early in the borrowing process.”