Contact

Financial Aid Office


Truax A1000
Enrollment Services
1701 Wright Street
Madison WI 53704

CALL: (608) 246-6170
FAX: (608) 243-4245
Email

HOURS:

Phone
Monday - Tuesday: 8 a.m. - 6 p.m. 
Wednesday - Thursday: 8 a.m. - 4:30 p.m. 
Friday: 9:30 a.m. - 4:30 p.m.  

In-person
Monday - Thursday: 8:15 a.m. - 4 p.m. 
Friday: 9:30 a.m. - 4 p.m.

Closures:
Monday, September 17 - Wednesday, September 19

Closed to process financial aid disbursements
 



Enrollment Services


Truax A1000
Enrollment Services
1701 Wright Street
Madison WI 53704

CALL: (608) 246-6210 or (800) 322-6282 (deaf/hh: use 711 relay)
FAX: (608) 243-4353
Email

HOURS:

Phone
Monday - Tuesday: 8 a.m. - 6 p.m.
Wednesday - Thursday: 8 a.m. - 4:30 p.m.
Friday: 9:30 a.m. - 4:30 p.m.

In-person
Monday - Thursday: 8:15 a.m. - 4 p.m.
Friday: 9:30 a.m. - 4 p.m.
 

Financial Wellness

Wolfie's Wallet

Madison College is dedicated to helping you be successful not only in the classroom, but in all areas of life. To help you increase your financial education skills, we have created a financial education program called Wolfie's Wallet, which encompasses four main areas of focus to help you become more financially literate:

  • GradReady - an interactive and engaging online resource
  • In-person events and workshops
  • Default prevention outreach
  • Monthly financial literacy communications to students

 

  • GradReady

    GradReady was created by Great Lakes Higher Education Corporation, a nonprofit organization, to help Madison Area Technical College students like you become more financially savvy. GradReady is an online service to help our students and alumni manage their money and student loans. The best part is, we are providing all of GradReady services to you as a gift – free of charge! Even after you graduate from Madison College you can continue to use GradReady services for life. Activating your GradReady membership allows you to take advantage of members-only features, like:

    • Make informed decisions about paying for college
    • Interactive money management tools that show you how to take control of your finances.
    • Learn about ways to minimize your indebtedness
    • An interactive and personalized Electronic Loan Counselor that helps you understand your student loan repayment options.

    You can register your GradReady account at any time by visiting madisoncollege.gradready.com. Any email address can be used to create your account, just be sure to sign up using Madison Area Technical College to take advantage of these free resources. Watch this short video to learn more about GradReady.

    Sign Up for GradReady

     

  • Events & Workshops

    Many responsible students go through financial challenges. We can help you make informed decisions and take control of your finances with our financial education workshop series! Professionals in the financial industry will present enticing financial education topics as Summit and UW Credit Union have partnered with Madison College. 

    The best part is that these events are absolutely free to attend and food is usually served along with other free swag! Join us at the Truax campus to learn about budgeting, how to manage your credit, banking, mindful spending, and more! Once each semester the Financial Aid Office will also hold a fun financial education event in the Mall area (in front of the bookstore) with raffles, games, and prizes! 

    View Events & Workshops

  • Student Loan Management

    National Student Loan Data System (NSLDS)

    Tracking your student loan borrowing is easy with the National Student Loan Data System (NSLDS). NSLDS is the U.S. Department of Education's database for student aid and provides a centralized, integrated view of a student’s federal loan borrowing and federal grant usage. With NSLDS you can:

    • Identify the types of federal student loans, Pell grant eligibility, and your federal loan servicers
    • Track how much student loan debt you have and the interest rate for each, and
    • Monitor your account for repayment terms and conditions

    Click "Financial Aid Review" once on the NSLDS site. You will need your FSA ID to access NSLDS.

    Repayment Estimator

    Before contacting your federal student loan servicer to discuss repayment plans, we encourage students to use the U.S. Department of Education’s Repayment Estimator to get an early look at which plans you may be eligible for and see estimates for how much you would pay monthly and overall. To view estimates based on your actual student loan information, you will need to log in using your FSA ID. Otherwise, you may still use the site by adding your loans manually or using average loan balances.

     

    Financial Awareness Counseling

    Financial Awareness Counseling, from the Department of Education, provides tools and information to help you understand financial aid and assist with managing your finances. This is a good resource for anyone who is currently paying for or planning to pay for higher education. You will need your FSA ID, the same one used with the FAFSA, to access the site.

     

    Default Management

    Have you found yourself in default on your federal student loans and need options?  Don’t worry we're here to help!  Madison College, in partnership with Higher Education Support Services (HESS), has provided an opportunity for you to receive personal assistance.  HESS has trained student loan assistance counselors that will provide confidential and FREE advice, tips, and resources to Madison College students who are looking to reverse the negative effects of federal student loan default. Contact HESS to find out what your next steps are today!  You can call 800-815-1288 or email supportservices@hess.glhec.org.

Wolfie's Tips

As a student, providing you with useable, sound, financial information is essential to being successful in and out of college. Wolfie’s Tips are monthly communications sent to all Madison College students about financial literacy information such as videos, memes, important financial dates, common best practices, or external trainings that can assist you as a student. They are time specific and essential to your everyday needs as a student. 

 

You may find this video about budgeting helpful as you are preparing for the start of school.

 

Video about budgeting