There’s no denying that getting a college education these days is expensive. The truth is, college students most often encounter more expenses as they start the schoolyear. The reason is that they need to spend for other things in addition to the basics that they have to pay upfront such as tuition and accommodation.
A report on Trends in College Pricing from the College Board revealed that tuition and fees make up only 38 percent of the total expenses for in-state students enrolled in public institutions offering four-year courses. For full-time students in community colleges, the expenses is lower by 19 percent even if the student lives away from home. Extra expenses that add up to a college student’s budget normally include books and media, class fees, parking fees for those who drive their own cars, electronics, social activities, fraternities and sororities, food and drinks, mobile phone service, clothing, cable TV, furnishings and travel.
But do not be discouraged because any college student focused on obtaining his degree can take steps to save money. What’s needed are discipline and the commitment to live within one’s means.
Plan Your Meals
Many college students are fond of eating at restaurants or treating their friends without thinking of its impact on their budget. Some are also subscribed to college meal plans which can cost a lot. To lessen your food expense, you can opt for other options including nutritional meals that don’t even involve cooking.
Being in college does not necessarily mean you have to buy all the books required for your subjects. Take note that textbooks are usually sold at a high price but when it’s time to resell them, you’ll only gain a little. So why not use the ones available in your school library or rent books instead? Online, you can find some good resources such as Amazon and TextbookRentals.com. Check out those sites for options that fit your budget.
For college scholars, supplies including books are covered in addition to the tuition fees. If you are eligible for a scholarship (academic or athletic) in your chosen school, find out more about it or ask your academic adviser for options available.
Make a Budget Plan
College students should also learn to make their own budget and not rely on their parents on this matter. Most often, many forget about this important part when they are having fun with friends going out and dining out or are eager to buy the latest trends in fashion and gadgets.
But you need to be aware of your expenses and set limits if possible. This applies to all students, whether enrolled as part-time or full-time. If you’re the type of person who has the habit of buying personal items every now and then, it would be a good idea to find a part-time job that can provide you extra income.
Don’t Use a Car
Driving a car can entail add up to your school expenses as you need to spend for your gas on a regular basis. But this is really not necessary if you’re a student, according to Kelly Decsy, among Los Angeles’ best car accident attorney. This is because most campuses are only within walking distance from dorms and apartments. Some universities also have their own buses to service their students who live outside of the campus.
Avoid Data Plans
Those who are subscribed to mobile data plans can actually do away with it as most college and university campuses offer Wi-Fi as a complimentary service to students. Hence with internet access available in school, there’s no need to pay monthly bills for your cell phone data plans.