Wallet Works

This is Walter Wiser. He's our money know-it-all and he's here to help you make your wallet work for you.

Redefine Your Student Loan Refund

Many college students wait anxiously each semester to receive their financial aid “refunds,” but the belief that this is “free” money is a myth. Most student loan refunds contain federal student loan dollars that have to be paid back after graduation. Using more of this money than you need for educational expenses can land you in serious debt after you finish college. Watch this video to learn more about these “refunds” and what to do if you receive one.

We'd love to talk with you about bringing our financial know-how messages and free financial education seminars to your campus, workplace or community organization. Email walletworks@psecu.com or call 717.777.2189 for more information.

The content provided on this page is for informational purposes only. Nothing stated is to be construed as financial or legal advice. PSECU recommends that you seek the advice of a qualified financial, tax, legal or other professional if you have questions.