Financial Literacy Services

St. Philip’s College is dedicated to providing students with the financial education and training necessary to make informed financial decisions. Our goal is to inform students about the appropriate use of budgeting, funds management, and student loans. Our dedicated staff is here to provide online financial literacy information and resources.

  • Video Tutorials

  • iGrad

    iGrad is a great foundation of empowering students and their families to make effective personal finance, student loan, and career decision throughout their lives.  Click the link below to learn more about iGrad.

    View iGrad video

  • Certified Financial Coaching 

    Students can now receive free online financial coaching from a certified financial coach!

    Visit Certified Financial Coaching Online Financial Coaching Video

    Contact Enida Rehome at for more information or if you have questions. 

Why is Financial Literacy Important?

With student loan debt and student credit card debt on the rise, many students leave college with more debt than they are prepared to handle. By providing financial literacy to students, they are more prepared to make wise financial choices while still attending school and are better prepared after they graduate from college to handle the responsibilities of debt. 

Paying for College

There are several financial options out there to help reduce the cost of college. Student Engagement Grants, scholarships, work-study employment are no-cost options but have limited availability, and require certain qualifications. You should apply for as many as are available to you. Applying early and every year you are in college will help ensure you access all the gift aid for which you qualify.  For more information about scholarships, visit

For detailed information about Student Financial Aid, visit

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Managing Your Money

Managing money can be a challenge for many reasons. Cash is being replaced by credit cards, debit cards, and pre-paid cards which makes spending very easy and saving much more difficult. Money management is all about minimizing your debt, maximizing your income, and establishing your savings. We are here to help you gain the tools needed to become a skilled spender and saver.

Simple steps to help manage your money:

  • Start a Savings Plan
  • Follow a Budget
  • Monitor Your Spending
  • Don’t Buy on Impulse
  • Use Credit Wisely

Paying Back Your Student Loans  

Check your Federal Student Loan information and balance at the National Student Loan Data System.  You will need to make sure your FSA ID is set up to access your account.  There are eight different repayment options when it comes to your student loans.  Please review your options below and contact Enida Rehome with any questions or concerns you may have.

Repayment Plans:

  • Standard Repayment Plan
  • Graduated Repayment Plan
  • Extended Repayment Plan
  • Pay As you Earn Repayment Plan (PAYE)
  • Revised Pay as you Earn Repayment Plan (REPAYE)
  • Income-Based Repayment Plan (IBR)
  • Income-Contingent Repayment Plan (ICR)
  • Income-Sensitive Repayment Plan

**IMPORTANT**   The PAYE, REPAYE, IBR, and ICR plans all offer forgiveness for remaining loan balances after a set period of time. But, these forgiven amounts may be treated as taxable income, which could potentially raise your tax bill.

Default Prevention/After College

Life after college will present new challenges from finding a new career to establishing a budget and paying off your student loans. A student loan will go into default when you fail to make payments and your account is 270 days delinquent. Once the loan is considered in default, the entire balance (principal, interest, and collection fees) is immediately due and payable. If you default, it means you failed to make payments on your student loan according to the terms of your promissory note, the binding legal document you signed at the time you took out your loan. Your school, the financial institution that made your loan, your loan guarantor and the federal government can all take action to recover the money you owe.  If you have questions about paying your student loan debt or are having financial difficulties, contact our dedicated staff for more information about your options. Seek help as early as possible to avoid student loan default, as it can have very serious consequences.

You can also visit the Alamo Colleges District website for additional resources:

Alamo Colleges District Financial Literacy

Helpful Information

Contact Information

Financial Literacy Coach
Enida Rehome
(210) 486-2140

MLK Campus - Sutton Learning Center (SLC) 102C