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This document provides an overview of financial aid options, application processes, and budgeting information for students seeking financial assistance at Northern Illinois University (NIU). It includes
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How to fill out Dollars and Sense

01
Gather all necessary financial documents, including income statements, bank statements, and bills.
02
Start by entering your income details in the designated section.
03
List all your fixed expenses, such as rent or mortgage, utilities, and insurance.
04
Include variable expenses like groceries, transportation, and entertainment.
05
Review your total monthly income and expenses to calculate your cash flow.
06
Identify areas where you can cut back on spending if necessary.
07
Set financial goals and determine how much you want to save each month.
08
Regularly update your Dollars and Sense document to reflect changes in income and expenses.

Who needs Dollars and Sense?

01
Individuals looking to better manage their finances.
02
Families aiming to create a household budget.
03
Students wanting to track their spending and savings.
04
Anyone seeking to achieve financial stability and set future financial goals.
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(If you don't understand place value of decimals, please see our concept on place value of decimals in this grade level). If we write the amount as $2.50, it would show two dollars and fifty cents. Fifty cents is fifty-hundredths (or five-tenths) of a dollar while five cents is five-hundredths of a dollar.
1:05 3:37 So we always write the dollar sign on its own side the left even when we've written a whole number.MoreSo we always write the dollar sign on its own side the left even when we've written a whole number. The cent sign. Now you know that dollars are on the left side of any decimal while cents are on the
Dollars and Sense (2017) explores the irrational human nature that leads to bad spending habits, why we're so bad at saving money and how to resolve this all too human shortcoming.
Writing money in words. You can easily convert and write any amount of money from figures to words. You just have to write the word "dollar" or "dollars" after the amount of dollars and write the word "cent" or "cents" after the amount of cents.
In 1 dollar there are 100 cents and we write them after a period: 1 cent of a dollar is written $0.01. 10 cents of a dollar is written $0.10. 1 dollar and 1 cent is written $1.01. 1 dollar and 10 cents is written $1.10.
You can write the amount using a dollar sign and decimal point by writing the dollar sign ($) and then the number of whole dollars. Next, place the decimal point. Finally, write the number of cents (¢) to the right of the decimal.

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Dollars and Sense is a financial literacy and budgeting tool designed to help individuals and families manage their finances effectively.
Individuals and families who want to track their income, expenses, and overall financial health are encouraged to use Dollars and Sense, though it is not a mandatory filing.
To fill out Dollars and Sense, individuals should gather all relevant financial documents, categorize their income and expenses, and fill out the provided sections with accurate figures.
The purpose of Dollars and Sense is to promote financial awareness, assist in budgeting, and encourage better financial decision-making.
Dollars and Sense requires reporting of income sources, fixed and variable expenses, debts, savings, and any other relevant financial information.
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