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Financial Literacy

Take Control of your finances.  Understand how money can work for you and how it can be  simply a tool to reach your dreams. Be inspired and become empowered.
Illinois Money Smart Week 2015 – Sponsored by the Federal Reserve Bank of Chicago takes place April 18th – 25th 2015
Money Smart Week is a public awareness campaign designed to help consumers better manage their personal finances.  Hosted once a year, organizations across the country come together to stress the importance of financial literacy by providing free educational seminars and activities throughout the week.  Learn more at
City Colleges of Chicago has partnered with American Student Assistance to provide loan counseling and financial literacy education.  ASA also provides a free on-line financial literacy tool, SALT, designed to help you manage your money, your life, and your dreams.  By taking control of your finances, you can learn to live well today while planning for tomorrow.  SALT can
  • Boost your financial awareness and literacy  with interactive lessons designed to show you how to take control of your finances  
  • Track all your student loans in one place 
  • Find scholarships to help pay for your higher education
  • Assist in finding internships and jobs to help start your career 
  • Provide expert counselors for personal student loan debt management 
  • Enroll and get started today at

Student Loan Default Prevention

Possible consequences for defaulting on your student loans

  • Check Garnishment
  •  Federal Tax Return Repossession
  • Student Aid Denial
  •  Job Denial
  •  Professional License Rejection

To prevent these consequences from occurring, there are provisions for payment relief.  Please reach out to your service provider or to our Student Loan Default Prevention Manager, Celeste Johnson at 312-553-2628.


Additional Resources

Below are some websites that can be accessed and explored to keep students informed about their finances.

Gear-Up: This website is designed for the middle and high school student for a better understanding of finances.

Federal Trade Commission (FTC)The FTC website has handy information regarding free annual credit reports, scholarships scams, identity theft, and private educational loans. is the U.S. government's website dedicated to teaching all Americans the basics of financial education. This site has general information about all kinds of personal finance.





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226 West Jackson Blvd.
Chicago, IL 60606
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