Know More. Borrow Less.
In order to advance its mission, the University System of Georgia (USG) focuses on three priorities: Degree attainment, affordability and efficiency. In alignment with these priorities, USG recently launched a financial literacy initiative known as “Know More. Borrow Less.” This system wide initiative is a comprehensive plan aimed at reducing barriers to financial aid, improving students’ understanding of borrowing and reducing student debt.
The multi-pronged approach includes:
- Streamlining the federal student aid process.
- Providing timely, accurate information regarding college costs and student debt.
- Educating students and families about sound borrowing principles, including borrowing what is necessary rather than the maximum amount offered.
- Helping students understand monthly debt payments upon graduation.
Simply put, the goal of “Know More. Borrow Less.” is to provide students clear information about options to borrow less money and Albany State University is here to help!