University of Missouri-Columbia College of Veterinary Medicine


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Financial Aid Home

Overview

  • Assessing Your Financial Status
  • Quality Assurance and Verification
  • Your Financial Aid Package
  • Receiving Your Financial Aid
  • E-consent

Types of Financial Aid

  • Scholarships
  • Student Loans
  • Work Study

Checklist and Deadlines

  • Entering First Year Students
  • Continuing Students

Scholarship Programs

  • College of Veterinary Medicine Scholarships
  • Free National Scholarship Sources

Loan Programs

  • Loan Program Overview

Cost and Tuition

Financial Literacy

  • Foundations of Financial Planning
  • Managing Basic Assets
  • Building and Maintaining Good Credit
  • Managing Insurance Needs
  • Investments
  • Planning for Retirement

Financial Literacy at Mizzou College of Veterinary Medicine

Do you want to live “the good life”?  What does “living the good life” mean to you?  Does it mean pursuing your dreams and achieving your goals?  Maybe it’s owning your dream home, starting you own business, driving a certain car, a Mediterranean cruise, or living debt free.  It doesn’t matter how you define it, you must have a sound financial plan to turn your financial goals and dreams into reality. 

The best way to do this is through personal financial planning. Creating a financial plan that is flexible and evaluating it on a regular basis is vital to building a successful financial future.  The financial literacy program at the Mizzou vet school is designed to equip you with sound financial principles to help you live “the good life” you dream about. 

What is Financial Literacy?  It is the knowledge of –

  • Facts
  • Concepts
  • Principles
  • Technological Tools
    …that are fundamental to being SMART about money. 

Financial Literacy empowers you.  Improves your ability to handle financial matters, and helps you avoid the consequences of poor financial decisions that can take years to overcome.  Financial Literacy helps you make informed and confident financial decisions. 

Program Goal: 

To provide up-to-date information and rational suggestions to empower students to be able to make informed decisions about spending, managing money, reducing debt, maintaining credit worthiness, purchasing insurance, and saving and investing.

Program Description:

The financial literacy program will examine financial management issues facing vet students during school and the critical post college years.

Program Modules:

  • Foundations of Financial Planning
  • Debt Management and Student Loans
  • Managing Basic Assets
  • Building and Maintaining Good Credit
  • Managing Insurance Needs
  • Investments
  • Planning for Retirement

          
Foundations of Financial Planning

Understanding Personal Finance

  • Rewards of Sound Financial Planning
  • Personal Financial Planning Process

Financial Statements and Plans

  • Financial Values, Goals, and Strategies
  • Balance Sheet, Income and Expense Statement
  • Budgeting and Spending

Debt Management and Student Loans

  • Identify  the Type of Student Loans in Your Portfolio
  • Federal Loan Forgiveness, Loan Consolidation, Flexible Repayment Plans
  • Avoid Defaulting on Your Student Loans
  • Warning Signs of Debt Trouble
  • Live Debt Free
  • Comprehensive student loan repayment workshop
  • One-on-one student loan repayment counseling

Managing Basic Assets

Managing Your Cash and Savings

  • Cash Management
  • Financial Institutions
  • Checking and Savings Accounts
  • Time Value of Money

Automobile and Housing Decisions

  • Buying vs. Leasing
  • New or Used Auto
  • Meeting Housing Needs: Buy or Rent
  • Home Buying Process
  • Financing

Building and Maintaining Good Credit

  • The Basic Concepts of Using Credit
  • Establishing Credit
  • Consumer Loans and Credit Cards
  • Credit Reports and Credit Scores
  • Identity Theft

 

Managing Insurance Needs

  • Life
  • Health
  • Property

Investments

  • Fundamentals of Investing
  • Investment Planning
  • How to Get Started
  • Types of Investments
  • Dollar Cost Averaging
  • Becoming an Informed Investor

Planning for Retirement

  • Estimating Income Needs
  • Sources of Retirement Income
  • Retirement Plans
  • Retirement Planning Pitfalls
  • Employee Benefits

 

College of Veterinary Medicine
W-203 Veterinary Medicine Building
Columbia, MO 65211
Phone: (573) 882-3554
E-mail: cvmwebmaster@missouri.edu
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Last Update: October 19, 2012