At the beginning of February, Powercat Financial Counseling set out to recruit 2,000 users for a new financial management platform that would provide students with free access to an array of online tools to manage their money.
SALTmoney.com, a website dedicated to helping college students keep track of loan payments, secure jobs and internships, read about current financial news and more, first debuted on the K-State campus on Jan. 25 at the Winter Expo and Activities Carnival, where PFC set up a booth to attract potential users.
As of Tuesday afternoon, PFC had officially helped 700 students create and start exploring their new SALT accounts, Kaus said.
“We will soon be at the halfway point to reaching our goal,” said Jodi Kaus, director of PFC. “We have been pushing students to get involved with SALT, and I really think that we can get to our goal of 2,000 new users by the end of the month.”
Students who have signed up to use the personal financial management tool have reported positive reviews of the website.
“I really like the fact that you can customize your account to your own personal loans and link it to what you specifically have to pay,” said Adam Fox, junior in journalism and mass communications.
Fox said various other features also make SALT an attractive opportunity for students looking to get their financial situation in order, such as the job and internship search system.
Fox said that the website would also be useful to those who have already graduated.
“There’s a section called ‘fit your lifestyle into your budget’ which lets you pick certain scenarios for how much you would be earning, your tuition repayment and where you live to see how much money you need to live comfortably,” Fox said. “It’s resources like these that make me think that SALT would definitely be useful even after I’m done with school.”
In order to continue encouraging students to use the free online resource, PFC will set up a booth every Wednesday in February, including today, on the second floor of the K-State Student Union in front of the food court.
They will also have a booth set up in Bramlage Coliseum before the Feb. 25 men’s basketball game against Texas Tech University. PFC will be giving away prizes for those who sign up for a SALT account, including a basketball signed by men’s basketball head coach Bruce Weber.