Financial Wellness

The Student Financial Support Services is excited to introduce our new Financial Wellness Initiative!

The Financial Wellness Initiative is designed to help students develop the knowledge and confidence needed to make informed financial decisions during college and beyond. Students can receive guidance on:

• Understanding Federal Direct Loans, including repayment options and estimated monthly payments
• Building and managing credit, including how to monitor your credit score
• Creating and maintaining a budget to help achieve your financial goals
• Making informed financial decisions that support your long-term financial well-being

Watch for additional information about upcoming workshops, presentations, and other Financial Wellness opportunities throughout the year, or schedule an appointment to chat today!

We're here to help!

Missouri Southern State University and PHEAA Partnership

We are pleased to announce a partnership between Missouri Southern State University and the Pennsylvania Higher Education Assistance Agency (PHEAA) to assist you with your federal student loans.

We understand that repaying student loans can be challenging. To support students who may be at risk of defaulting on their student loans, we have partnered with PHEAA, a student loan default prevention company.

If you are identified as being at risk of default, PHEAA may contact you to provide guidance, resources, and support to help you stay on track with your loan repayment. As part of our commitment to support your educational journey, PHEAA will be performing outreach on behalf of Missouri Southern State University. Look out for calls, texts, or emails from PHEAA—you can trust their communications.

Please note: PHEAA is not your student loan servicer and does not manage or process your loan payments. PHEAA’s role is to provide default prevention support to students who may be at risk of default.

Additional Resources

Learn about federal direct loans through the Office of Federal Student Aid (FSA).

• Repayment Plans
• Repayment 101
• Deferment or Forbearance
• Defaulted Loan Support
• Consolidate Loans
• Repayment Calculator

Other Helpful Information

YouCanDealWithIt.com is a comprehensive, free resource provided by the Pennsylvania Higher Education Assistance Agency (PHEAA) to help borrowers manage the complexities of student aid and debt. Whether you are a current student planning your budget or a graduate navigating repayment, the site offers practical, easy-to-understand advice to ensure long-term financial success.

Key Features for Borrowers

• Repayment Guidance: Learn about different repayment plans, how to handle "grace periods," and the benefits of loan consolidation.
• Trouble Paying Solutions: Access simple, actionable steps if you’re struggling to make monthly payments or facing default.
• Money Management: Practical tips on budgeting, managing credit cards, and identifying "needs vs. wants" to keep your finances on track.

pheaa Helpful Links

• Landing Page
• Explore Tools 
• Borrowers
• Online Resources
• Managing Money