Inside this issue:
Free Tax Preparation Assistance DROPPING U.S. DOLLAR 2
VALUE &STUDY ABROAD
Puzzled by the tax laws or which the time compared to returns filed email@example.com. CHOICES
credits and deductions to take? on paper – even faster if you have PLANNING FOR SPRING 2
Along with the VITA site locations, BREAK
Need assistance with your tax your refund deposited directly
AARP volunteers have partnered
return? into your bank account. STUDENT FINANCIAL AID 3
with the City of Denton to provide AND SCHOLARSHIPS
While the Center staff cannot UNT, in partnership with the IRS free tax preparation services at
assist students with tax and the United Way of Denton the Denton Senior Center. WHAT’S IN A CURVE? 3
preparation, you may want to visit County will be hosting a VITA site Appointments will need to be made
a volunteer site. The IRS Volunteer on-campus from 10:00am—1:00pm by contacting the center at HONORS 4
Income Tax Assistance (VITA) on Saturday, February 16, and 940.349.8720. HOWEVER, the
Program offers free tax help. Saturday, April 5. Contact the program will not be taking EVENTS CALENDAR 5
Student Money Management appointments until January 25th.
Trained community volunteers can
Center for more information. 5
help you with special credits, such For a list of materials you will ABOUT THE CENTER
as the Earned Income Tax Credit In addition to the UNT site, the need to bring to a free tax
(EITC), Child Tax Credit, and other United Way is sponsoring three preparation site, visit:
credits for which you may qualify. additional VITA sites across the
In addition to free tax return county from January 19th to April
preparation assistance, most 12th. The primary site is the
sites also offer free electronic Denton North Branch Library at Money Tip
filing (e-filing). Individuals taking 1320 N. Locust Street. For more
advantage of the e-file program information contact the United
will receive their refunds in half Way office at 940-566-2688 or
"Keep only one major
credit card and use it
sparingly. Set your own
The Director’s Two Cents credit line and don’t
he spring semester marks the beginning of a new year and a new semester. I hope one of your new charge more than you
year’s resolutions is to take a more active role in managing your money this semester. Where do you can comfortably repay.
begin? It’s easy. You can attend one of the more than 20 FREE money management workshops the Just because you have a
Center will be sponsoring this semester. You can download, personalize, and use some of the money $2,000 credit line
management worksheets available on the Center’s website. You can schedule a personal consultation to
doesn't mean you have to
discuss money management questions or concerns with our trained staff. A new semester is the perfect time
to improve your financial life. Let us know how we can help ~ we are here to serve you! spend $2,000. “
- Paul F. Goebel firstname.lastname@example.org
Chestnut Hall Suite 313 ~ 940.369.7761 ~ www.unt.edu/moneymanagement January- February 2008 1
Dropping U.S. Dollar Value & Study Abroad Choices
Once upon a time—when the U.S. abroad was the same price as Where the real change appears to
“AS THE DOLLAR dollar was king—American staying on campus,” says Daeya be happening as a result of rising
DIPS TO ALL-TIME students blithely flocked overseas Malboeuf, an associate director at prices is in the length and location
to nibble on affordable scones and Syracuse University. “There’s no of students’ foreign study choices.
LOWS, COLLEGE croissants between classes. How way we can say that anymore.” The number of participants in
STUDENTS ARE times have changed. short-term programs has swelled,
Yet this unfavorable economic
as has the interest in courses at
FEELING THE As the dollar dips to all-time lows, environment has not stopped
more exotic locales.
college students are feeling the students from scrambling
PINCH. “ pinch. Especially in the United overseas. According to the “Students are more sophisticated
Kingdom and countries that use Institute of International Education, and adventurous these days,”
the euro—which currently is at 68 study-abroad programs have Malboeuf says. “But I definitely
cents to the dollar—the cost of grown 144 percent in the past think there’s a financial aspect to
living has skyrocketed. decade and continue to increase it.”
around 8 percent each year.
“Years ago we could say studying
Source: Excerpt from “Dollars and Cents of Study Abroad ”. A. Go. http://www.usnews.com/articles/education/2007/11/09/the-dollars-and-cents-of-
Planning for Spring Break
One week in March is a highlight of the coast of Costa Rica may with strangers or to limit their
many hard-working college sound great, but can you afford consumption of alcohol. Better
students’ semester: the annual rite these trips? Set and stick to a to come back to campus not
of spring break. budget. Don’t come back from speaking to one another than to
spring break with debt! a funeral.
That’s only eight weeks away. Have
you started planning your spring 3. Do the research. Research all Websites you may find of interest:
break? costs, and watch out for scams
and hidden costs, such as
Planning ahead can realize cost-
savings when making trip, airfare,
booking and resort fees and ⋅ www.epinions.com/
peak week charges. content_4243234948
and hotel reservations. Leaving
everything to the last minute and 4. Watch your belongings. The ⋅ http://collegeuniversity.
you might miss the good deals and worst thing to happen during suite101.com/blog.cfm/
discounts. spring break is to have a laptop, thinking_about_spring_break_plans
digital camera, or iPod stolen.
Five easy steps to follow when
Be clear who will have access to ⋅ http://media.www.harbus.org/
planning your spring break: media/storage/paper343/
your room, especially if you
1. Talk to your friends. Splitting have roommates. news/2005/01/18/
the cost of gas, a hotel room, or SpringBreakPlanning/
5. Think safety first, last and Spring.Break.Confidential-
a cabin can save you money.
always. Keep an eye out for 834743.shtml
2. Determine how much you can friends—the buddy system Remember—have fun and come back
afford. Skiing on the slopes in really does work. Don’t hesitate to campus re-energized for the rest
Switzerland or scuba diving off to stop a friend from going off of the semester!
Chestnut Hall Suite 313 ~ 940.369.7761 ~ www.unt.edu/moneymanagement January- February 2008 2
Student Financial Aid & Scholarships
General Academic Scholarships Online Application
The 2008-2009 General Academic The application works best when Questions regarding the
Scholarship application is now using Internet Explorer. application should be submitted to
available online. email@example.com.
Some scholarships require
A link to the online application can students to submit letters of Your To Do List
be found on the SFAS website: recommendation in electronic
Have you checked your “To Do” list
www.unt.edu/finaid. The form. While many students have
on your myUNT account?
application deadline is March 1, access to get documents scanned,
Reviewing your account often will
2008 at 11:00 PM CST. SFAS is working on setting up a
help you address any blocks or
scanner in the SFAS computer lab
Things to keep in mind: financial issues that may arise
(ESSC, Room 134) for students to
before they escalate into a crisis.
Students must be assigned a UNT use if needed. Procedures on how
ID to complete the online General to scan and upload those letters
Academic Scholarship application. will also be available. http://essc.unt.edu/finaid
A day after New York City came up Chocolate," a blend of 28 cocoas, The sundae is topped with whipped
with a $1,000 bagel, a local including 14 of the most expensive cream covered with more gold
restaurateur unveiled a $25,000 and exotic from around the globe. and a side of La Madeline au
chocolate sundae, setting a T r u f f le f r o m K n i p s c h i l d t
The dessert, spelled with two Rs, is
Guinness world record for the Chocolatier, which sells for
infused with 5 grams (0.2 ounces)
most expensive dessert. $2,600 a pound.
of edible 23-karat gold and served
Stephen Bruce, owner of in a goblet lined with edible gold. At It is eaten with a gold spoon
Serendipity 3, partnered with the base of the goblet is an 18- decorated with white and
luxury jeweler Euphoria New York karat gold bracelet with 1 carat of chocolate-colored diamonds,
to create the "Frrozen Haute white diamonds. which can also be taken home.
Source: Excerpt from “New York’s 25,000 dessert sets Guinness Record ”. V. Rodrigues. www.news.yahoo.com/s/nm/20071107/us_nm/
What’s in a Curve?
When Michael Lyons visited his contributed to his patient’s back ultra-thin, curved design that
local chiropractor with severe problems. matched the contour of a pant’s
lower back pain three years ago, front pocket. Lyons took his “front-
After reviewing some 200 wallet
he didn’t expect the medical advice pocket wallet” prototype back to
patents, Lyons realized that every
he was given: “Lose your wallet” his chiropractor for advice. Lyons
design was based on a traditional
his chiropractor told him. knew he had hit upon something
rectangular or square shape. He
big when his doctor immediately
The doctor explained that sitting on decided to try something else, and
ordered a large number of wallets
a solid inch of plastic, leather and after testing various materials and
to sell to his clients. The Rogue Wallet
paper over the years had different angles, he developed an
Chestnut Hall Suite 313 ~ 940.369.7761 ~ www.unt.edu/moneymanagement January- February 2008 3
Goldsmith Named Outstanding Student Employee
Kimberly Goldsmith, SMMC student University. The award is sponsored and trust. She provides students
employee, was recognized as one by the UNT Career Center. with the confidence and resources
of the University’s 10 Outstanding they need to apply themselves and
Kim has been a valuable part of the
Student Employees for the Fall to accept greater independence
Center’s success since joining the
2007 semester. where their personal finances and
SMMC team in the Fall 2006
debt obligations are concerned."
The Outstanding Student Employee semester. Her supervisor, Danielle
Award recognizes student Champagne, SMMC Assistant Kim was pleasantly surprised by
employees for their exceptional Director, nominated Kim and her selection. After receiving the
performance, productivity, described her contributions to the award, she stated "I take pride in
customer service, and other students and university by stating, my work and enjoy helping
initiatives that have resulted in "Through her service and students gain financial
meeting the educational and dedication to students, Kim has independence."
organizational goals of the gained a great amount of respect
Center Receives Star Award
The University of North Texas Established in 2001, the Star center that resonates with
Student Money Management Center Award recognizes higher education professionals across the country,
has been awarded a 2007 Star institutions, organizations, groups, in large part because it responds
Award of excellence by the Texas and individuals for their to a student need that we all know
Higher Education Coordinating exceptional contributions toward must be addressed,” Dr. Bonita
Board. one or more of the goals of Closing Jacobs, UNT Vice President for
the Gaps by 2015, the plan for Student Development, said.
The Center has the honor of being
higher education in Texas set by
the first UNT program to win the
the coordinating board in 2000.
award. Several programs have
been finalists in past years. “Paul and his staff have created a
Champagne Selected as Outstanding New Professional
Danielle Champagne, SMMC remarks, Danielle said, “I love recognizes her efforts to promote
Assistant Director, was named being able to help students who student learning and success in
Outstanding New Professional by feel they have no where else to the field of financial education and
the Texas Association of College turn for financial assistance...I am literacy within student affairs.
and University Student Personnel humbled to be recognized by a
“Our entire team is honored by
Administrators (TACUSPA). group whose members I hold in
Danielle’s selection. She truly
high regard. ”
Danielle was cited for excellence in demonstrates the best in student
service to UNT students and Being named Outstanding New affairs,” Paul F. Goebel, SMMC
TACUSPA. During her acceptance Profe ssional by TACUSPA Director, noted.
Chestnut Hall Suite 313 ~ 940.369.7761 ~ www.unt.edu/moneymanagement January- February 2008 4
Isn’t it time for you to be in the green?
Events Calendar For a complete listing of workshops visit www.unt.edu/moneymanagement
JANUARY Time Workshop Location1
01/30 12:00 - 1:00p All About Budgets GAB 104
02/05 5:00 - 6:00p Money Management 101 Business Building 365
02/07 12:00 - 1:00p Preparing for the Tax Man Chestnut Hall 324
02/13 12:00 - 1:00p Relationships & Money TBD
02/16 10:00a - 1:00p VITA Site: Free Tax Preparation Assistance Chestnut Hall 102A
02/18 1:00 - 2:00p Wallets & Passports: Affording to Study Abroad University Union 413
02/19 1:00 - 2:00p Wallets & Passports: Affording to Study Abroad University Union 413
02/27 5:00 - 6:00p Get Insured! Business Building 365
03/04 10:00a - 2:00p Operation Graduation Boot Camp Chestnut Hall 324
03/05 1:00 - 2:00p Wallets & Passports: Affording to Study Abroad University Union 413
03/07 1:00 - 2:00p Wallets & Passports: Affording to Study Abroad University Union 413
03/12 12:00 - 1:00p Money Skills for College Survival Wooten 110
03/26 5:00 - 6:00p Preparing for the Tax Man Chestnut Hall 324
Workshop locations subject to change. Check the Calendar on the SMMC website to confirm locations.
About the Center
he Student Money At the Center, students can: With the support of SMMC team
Management Center ⋅ Schedule personal consultations members, students learn how to
Student Money Management Center (SMMC), an outreach manage their personal finances
Chestnut Hall, Suite 313 with trained professionals.
program administered by and financial obligations as
Phone: 940.369.7761 the Division of Student ⋅ Learn how to track and review informed and responsible adults.
Fax: 940.369.8793 Development, provides tools and income, savings, and spending.
solutions students need to achieve ⋅ Create a financial survival plan Isn’t time for you to be in the
financial independence. With the for college. green?
exception of the loan programs,
We are on the web: there are no additional costs to ⋅ Plan for expenses after college.
www.unt.edu/ students for the Center’s services. ⋅ Create a repayment
moneymanagement Staff members partner with
plan for student loans
and personal debt.
students from their first day on
SMMC Office Hours:
campus through graduation to
⋅ Apply for a loan to help
8:00am - 5:00pm
strengthen and expand their address an
money management knowledge unanticipated expense.
Chestnut Hall Suite 313 ~ 940.369.7761 ~ www.unt.edu/moneymanagement January- February 2008 5