Financial Wellness

Financial Wellness Workshops 2018-2019

Take control of your financial future (and eat pizza)! Workshops are added throughout the academic year, so check back often!

Drop-in Financial Aid Advising

August 29 - September 7, Room 4314

Have a financial aid or budgeting question? Drop in to the Admissions and Financial Aid Office as the new school year kicks off, and get the year off to a successful start!

The Psychology of Financial Decision-Making by AccessLex Institute

October 17, noon to 1pm, Room 2211

Everyone approaches money matters differently. Knowing not only how you handle your finances, but why, can hold the key to achieving your financial goals. This workshop focuses on identifying your individual strengths and weaknesses, and will prepare you to balance emotion and logic when making personal finance decisions.

Your Employment Options, Your Money by AccessLex Institute

January 23, noon to 1pm, Room TBD

Whether you accept a position in public service or big law, plan to open your own practice, or follow any other professional path, there is more to know than just your starting salary. This workshop provides a financial analysis of various legal professions and helps you understand the financial impact of your employment decision -- including pay, benefits, taxation, cost of living and more.

Not Just a Number - the Importance of Credit to Law Students by AccessLex Institute

February 27, noon to 1pm, Room TBD

Your credit report provides more information than just what feeds your credit score. It creates a full picture of your financial health and behavior. Bar examiners may review your credit history and take into consideration your fiscal responsibility (or irresponsibility) when evaluating your Character and Fitness to practice law. And employers may do the same when considering a job offer. Learn to understand the credit system, review your reports, dispute errors, and maintain a positive image with creditors -- regardless of where you are on the credit score spectrum.

Federal Loan Repayment and Public Service Loan Forgiveness Workshops by
Dr. Jeff Hanson

Federal Loan Repayment, April 4, noon to 1pm, Room TBD
Public Service Loan Forgiveness, April 5, noon to 1pm, Room TBD

Dr. Jeff Hanson is a nationally-recognized economist who specializes in working with student loan borrowers to explore all options available for repayment, including the possibility of having federal student loan debt forgiven via your employment in a qualifying public service profession and/or income-driven repayment. These workshops will cover loan repayment options and Public Service Loan Forgiveness (PSLF). 

One-on-one student loan repayment counseling appointments with Dr. Jeff Hanson

April 4, 9am to noon & 2 to 6pm, Room TBD
April 5, 9am to noon & 2 to 6pm, Room TBD

Dr. Hanson will also offer one-on-one appointments to assist students with creating their loan repayment action plan. This is an invaluable opportunity to further explore your loan repayment options with an expert in the field.

Appointments are limited, and for this reason appointments will be made on a first-come, first-served basis for 3Ls. If spots remain open, 1Ls and 2Ls will be invited to sign up. You will need to bring your loan history print out from the National Student Loan Database (NSLDS: www.nslds.ed.gov). This will allow the presenter to give you the most accurate and detailed information possible including payment estimates under the various plans available.

Please check your email for information about how to sign up for these appointments.

Comprehensive Financial Planning for the Young Lawyer by North Star Resource Group

Date, Times, and Room TBD

Everyone needs a financial plan. Create yours today! A financial planner from North Star Resource Group, a nationwide financial planning firm with a division specializing in counseling lawyers, will present the workshop "Comprehensive Financial Planning for the Young Lawyer." This workshop will cover general guidelines for financial planning, with a special focus on the decisions faced by young lawyers, including private versus federal loan refinancing, insurance recommendations, and retirement planning basics.

One-on-one financial planning appointments with North Star Resource Group

Dates, Times, and Room TBD

North Star Resource Group will also offer one-on-one appointments to assist students with crafting a financial plan to achieve their goals.

Appointments are limited, and for this reason appointments will be made on a first-come, first-served basis for 3Ls. If spots remain open, 1Ls and 2Ls will be invited to sign up.

Please check your email for information about how to sign up for these appointments.

**Questions? Contact the Admissions and Financial Aid Office.

Resources

Thrifty Budget: Students whose personal circumstances allow them to cut expenses from the Standard Student Expense Budget should consider following the "Thrifty Budget". This budget assumes that you share a one-bedroom apartment with a roommate or spouse.

MAX Program: MAX, made possible by AccessLex, is a comprehensive personal finance program designed for law students. During your 1L year, you’ll focus primarily on foundational elements that will prepare you for the 2L curriculum, which will in turn instill in you a confidence and readiness for the 3L material. MAX will be there for each step of your law school journey to make sure you are graduating with maximized financial capability!

Events in Madison: Recommendations from the UW Law School community for fun and free activities in Madison.

Equal Justice Works: Equal Justice Works seeks to create a just society by mobilizing the next generation of lawyers committed to equal justice. They offer a number of resources on student debt, including free webinars and a student debt Ebook.

UWell Wisconsin: UWell is a comprehensive new wellness initiative at the University of Wisconsin-Madison, aiming to advance the health and well being of the entire community by tapping resources already available but sometimes not widely used. UWell's Financial Wellness page provides links to a number of local and national resources.

Graduate School Financial Resources

UW Extension Financial Education Center

Center for Financial Security: The Center for Financial Security is an applied, multidisciplinary research center that seeks to inform practitioners, policymakers, and the general public on strategies for building financial capability and security over the life course. Their website provides a list of events and financial tools.

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