Financial Well-Being Portal
Visit the Financial Well-Being Portal for a schedule of on-site financial education classes for faculty and staff as well as a compendium of online classes and resources from Mason's financial partners.
Virginia State Employee Emergency Fund
The Virginia State Employee Emergency Fund (VSEEF) helps state employees who are in need as a result of a recent crisis, illness, or emergency. Funding is provided by donations from state employees across Virginia via the Commonwealth of Virginia Campaign (CVC Code #3040). Grants of up to $500 are available. Please see the Commonwealth of Virginia Campaign website for more information and an application.
Commonwealth Financial Training and Loan Program
The Commonwealth of Virginia Campaign (CVC) and the Virginia Credit Union have partnered to offer small loans (with interest) -- from $100 to $500 -- to state employees facing financial difficulties. As a requirement of the loan, borrowers will have to complete an on-line financial fitness course and exam. For more information and to apply, please visit The Virginia State Employee Loan Program
Just interested in the on-line financial course? Check it out at Balance Track Financial Fitness.
Employee Assistance Program (EAP)
All health plans offered at Mason to employees and their dependents have employee assistance programs (EAPs). Included are up to four sessions at no charge for such services as mental health, alcohol or drug abuse assessment, child or elder care, grief counseling and legal or financial services. Additional information is available on the Benefits EAP page.
Additional Credit Unions
U.S. Savings Bonds (Series EE and Series I) may be purchased through a direct deposit allocation with Treasury Direct. Savings Bonds are backed by the full faith and credit of the U.S. Government and provide a safe and easy way to help satisfy long-term savings goals. Savings bonds offer tax advantages as well. For more information, visit U.S. Savings Bonds.
To enroll, please set up an account with TreasuryDirect. Their website has a helpful 3 step process. Once your account at Treasury Direct is established, please visit PatriotWeb (select Employee Services; Pay Information: Direct Deposit Allocation) and set up an additional direct deposit in the amount you would like sent each pay period to purchase the bonds.
If you have any questions, please call the Payroll team at 703.993.2629.
Virginia529 College Savings Plan
The 1999 Virginia General Assembly approved the creation of Virginia529 inVEST to complement its Virginia529 prePAID program. Both programs are administered by Virginia529 College Savings Plan, an independent agency of the Commonwealth of Virginia, and offer families the opportunity to participate in an IRC Section 529 qualified state tuition program with both prepaid and savings trust investment options to cover future costs of college fees and tuition. For more information, visit www.Virginia529.com or call 888-371-0766.
Apple Federal Credit Union, Fairfax County Federal Credit Union, and the Virginia Credit Union have partnered with financial fitness program called BALANCE. Members in each credit union have access to the program. For information on becoming a member, please visit Apple FCU, Fairfax County FCU or the Virginia Credit Union.
For details on the BALANCE program, please click on the credit union of your choice below.
Northern Virginia Family Services
A United Way Agency
- Oakton: 703.385.3267
- Woodbridge: 703.490.3646
- Website: www.nvfs.org
Provides budget counseling, a debt management program, and educational services to clients.
Helpful Financial Sites
America Saves Week - Managed by the Consumer Federation of America, America Saves Week occurs each February. The America Saves Week website has a range of tools, information, and resources to help you whether you're just getting started or are an experienced saver.
360 Degrees of Financial Literacy - Sponsored by the nation's Certified Public Accountants - Information organized by lifecyle topics from Childhood (how to teach your children about money, budgeting, and investing) through Retirement and Estate Planning. Includes a section on Life Crisis.
Credit Card Insider - Provides comprehensive information on the use of credit and credit cards from many perspectives including cards for business, students, travel and more.
Federal Citizen Information Center (Pueblo, CO) - We used to have to write to Pueblo, CO to get federal consumer information on a range of topics including money, health, housing, and many more. Now they're just a click away.
The Investor's Clearinghouse (Alliance for Investor Education) - "Twelve of the Best Resources for Investors in Tough Times"
Mymoney.gov - Information is organized by helpful lifecycle topics including homeownership, paying for education, and responding to life events. "Mymoney.gov is the federal government's website that serves as the one-stop shop for federal financial literacy and education programs, grants and other information" and is available in English and Spanish.
Publications of Interest
The Book of You
A comprehensive packet that enables you to record vital personal and financial data in one concise document. By keeping this document current, you will have an important, ready reference for those who will need the information to carry out your thoughts and wishes in the future.
Savings Fitness: A Guide to Your Money and Your Financial Future (Department of Labor) Spanish
66 Ways to Save Money (Federal Trade Commission and the Better Business Bureau)
Managing Your Debts: How to Regain Financial Health (Consumer Federation of America)
Building Wealth: A Beginner's Guide to Securing Your Financial Future (Dallas Federal Reserve Bank) Spanish
Tax Resources - 2017
Publication 17 - 2016 Tax Guide for Individuals (Internal Revenue Service)
AARP Tax Aide - Free tax assistance for older and low-to middle-income tax payers.
- Find a Tax Aide location near you.
- The IRS Volunteer Income Tax Assistance (VITA) and the Tax Counseling for the Elderly (TCE) Programs offer free tax help for taxpayers who qualify. Visit the IRS for details.
- Check out the IRS’s Free File (two options – one for those with income under $64,000 and one with those for income over $64,000)
Free Income Tax Assistance (conditions apply; please see sites for details):
- United Way
- Fairfax County
- Earned Income Tax Credit (Virginia Department of Social Services – as part of EITC if you qualify – please see the 2016 EITC Assistant for details.)
George Mason Life/Work Connections compiles these resources and programs for use as referral only. Mason does not recommend or endorse any company or organization listed. By providing this information, the University assumes no financial or other responsibility for any relationship established by and between any company or organization listed on the work/life website and any other individual.