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Financial Literacy


  • In its 2008 annual report, the President’s Advisory Council on Financial Literacy defines financial literacy as "the ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being."
  • The Financial Literacy and Education Commission was established under the Fair and Accurate Credit Transactions Act of 2003. The Commission was tasked to develop a national financial education web site ( and a national strategy on financial education. It is chaired by the Secretary of the Treasury and the vice chair is the Director of the Bureau of Consumer Financial Protection. The Commission is coordinated by the Department of the Treasury's Office of Consumer Policy.


  • This page can help you locate and use on-line calculators,  budget worksheets,  planning checklists and other helpful resources from the federal government for making financial decisions.
  • Select the category from the list below to locate the right resource for your needs.  The site will display a list of federal resources in the category, along with brief descriptions and links for each.
  • If the type of resource you need is not covered in our tools categories, please use the search box on the navigation bar to locate the right information.  Simply type in the word or phrase that describes the resource you need, and the site will do the searching for you.

Federal Student Aid

While you’re in college or career school, you’ll need to learn how to manage your finances, plan for changes, and prepare for the unexpected. Budgeting will help you build decision-making skills and reach your financial and academic goals.  Use the following resources from Federal Student Aid, an Office of the United States Department of Education.