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With You on the Road of Life Paying for School Paying for School STUDENTAUGUST 2018 LOANS 101 STUDENT LOANS 101 5 THINGS TO KNOW BEFORE 5TAKING THINGS OUT TO KNOW STUDENT BEFORE LOANS Paying forTAKING college with OUT student STUDENT loans is a LOANSpopular way to finance education. Consider these things before signing on the dotted line. Paying for college with student loans is a popular way to finance education. Consider these things before signing on the dotted line. Your loans will either be federal or private 1 In general, student loans come in one of two forms—federal (government- Yourfunded) loans or willprivate either (from beindividual federal lenders or privatelike credit unions or banks). 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Check with your lender to see if youra loan job, forgiveness and determine these options are available to you, and what the circumstances must be to qualify. youwhetherprogram. will likely or earn not fromyou’re There’s a difference between refinancing and consolidation yourwilling job, and to be determine in debt for whetherthat amount or not you’re of time. 5 Two options to help you get debt-free faster are consolidation and refinancing. Schedule your free There’sConsolidation a difference is the act ofbetween combining refinancing all of your loans intoand one consolidation payment with an willing to be in debt for 5 Twointerest options rate to help that you will getlikely debt-free be an average faster areof your consolidation existing loans. and refinancing. 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You’ll need 800.528.2926 It’s a Moneyto Thing do isa alittle registered research trademark to ofdetermine Currency Marketing which is best for your particular situation.

It’s a Money Thing is a registered trademark of Currency Marketing MOBILE BILL PAYMENT UPGRADE ENJOY A SEAMLESS, CONSISTENT EXPERIENCE FROM DESKTOP TO MOBILE!

We've upgraded our mobile bill payment to offer you the same features you currently receive when using your desktop computer. With this enhancement you will be able to do everything via mobile that you currently do by desktop, including:

• Set up recurring payments • Send rush payments • Set up eBills • Categorize your payees • Send a gift or donation • Pay a person

Download the Hiway Federal Credit Union App today to set-up bill payment and pay your bills with ease.

OUT&ABOUT

Dave Boden, President/CEO of Hiway, was recently appointed to Saint Paul Mayor Melvin Carter’s Children’s Savings Account (CSA) task force.

The task force will lead community engagement and program design, and will make recommendations on how to fund and implement a future Children’s Savings Account program.

“When the mayor’s initiative first came to our attention at Hiway, we felt we needed to be involved,” said Boden. “At Hiway, we consider financial well-being an important goal and have a strong commitment to provide financial literacy to people of all ages, starting when kids are very young. We know there is a significant need for youth to learn Mayor Melvin basic financial skills as they prepare for adulthood and look ahead to Carter pictured with Hiway's college and careers. In addition to our significant partnership with Right Track Saint Paul Public Schools, this initiative is another way for us to invest interns. in the success of students in our community and help them improve their money habits. We are excited to have this opportunity to work with the task force on the design and implementation of the CSA program.”

Additional Hiway associates will serve on task force sub-committees. Tina Jones, Community Outreach Administrator, will serve on the Community and Institutional Partnerships Subcommittee, Bill Wagner, Vice President of Business Development, will serve on the Engagement and Outreach Committee and Boden will serve on the Funds and Fundraising Subcommittee.

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