Frequently Asked Questions
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Below you'll find answers to the most common questions we are asked about Financial Wellness @ Penn.
Financial literacy is concrete and procedural knowledge about specific aspects of finance, like knowing how interest works, understanding your credit score, and being able to read and interpret different financial documents. Financial wellness is much more personal and subjective—it’s about working toward a level of understanding that makes you comfortable, and it’s different for every person. What financial wellness means to you will change throughout your life, and while financial literacy will undoubtedly be a part of that, it will also involve your personal goals, values, and priorities, from understanding your student aid to buying a home. Financial Wellness @ Penn focuses on helping you discover your own definition of financial wellness and providing the tools and resources you need to work toward it.
Financial Wellness @ Penn strives to help students understand how to use the resources available to them. For many students at Penn, most of their financial opportunities depend on resources provided to them through financial aid (whether grant or loan funding). While Financial Wellness @ Penn does not provide financial aid counseling, we can help you understand how financial aid works generally and how to use all resources available to you to meet your financial goals.
Financial Wellness @ Penn periodically hires new team members. Sign up for our newsletter to stay updated about those opportunities. In the meantime, we encourage you to attend our workshops, engage with us on social media, and schedule a one-on-one peer counseling appointment with our team.
Our team is happy to answer any additional questions you have. Please email us and we will get back to you as soon as we can.