Money Saving Tips For The College Student

Are you feeling the effects of the rising cost of tuition, housing, books and the other cost associated with getting a college education?

Attending college is the beginning of a new adventure, which can be both exciting and scary. You are about to explore new horizons, as you go off to conquer the world. You are entering a new chapter of your life, and have an experience of a life time.

This maybe the first time away from home for some of you. You are going to learn how to seriously be independent, before going out into the world on your own. This is a time to make some real time decisions that can either enhance, or adversely affect the rest of your life. Such as….

Getting up early to eat breakfast before class

Preparing for class without your parents prompting and prodding you to get out of bed

Managing your budget

Getting to class on time

Doing your laundry

Cutting class and so much more…

Now that the trunk parties are over, your bags are packed and loaded in the suv, check out these tips that could save you money.

Get to know your counselor: The school counselor is your personal adviser. Their role is to guide, advise and provide the help you need. Consult them before choosing your classes, to avoid making the costly mistake of enrolling in classes that will not advance you toward your goal.

Do not go it alone, or only rely on your friends or roommates to help you. They may not be your best source of advice for your area of study. Consider taking your required classes, before enrolling in the fun stuff. Save lots of money and stress by consulting the experts first.

Purchase used books: The cost of textbooks are grossly over priced and seriously unreal these days. Can you imagine paying a thousand dollars for textbooks? I know of a college student who is currently paying that amount this semester. Considering a career as a book publisher maybe something to consider. By all means, look for used book stores, check out bulletin boards in areas where large groups gather, your school mates and Amazon.com for discount prices.

Apply for scholarships and grants: This is free money available, if you can maintain average to above average grades. Read the applications carefully for the requirements and adhere to the deadlines in a timely manner. You can be denied, if your materials are submitted after the due date. Don’t miss out on funds just because your application arrived a few days late.

As for grants, they are usually awarded based on your financial need, whereas scholarships are most often awarded according to your scholastic ability. The criteria may vary depending on the institution involved. Read the fine print carefully.

There are many organizations out there that provide resources yearly, to assist with your educational goals . Do your due diligence and research schools, community organizations, churches, credit unions, professional and social organizations, sororities and fraternities. In your search, use the internet, speak to librarians, counselors, department chairpersons and your coach if you are an athlete. Take advantage of the opportunities that are available to you.

Part time work: Consider a part time job to help cover your school related cost. Your financial officer maybe able to assist you in finding a position either on or off campus. Be aware of working to many hours. The money maybe great but it can interfere with your studies too.

Balance your study and social activities: To often many college students fall into a pattern of to much partying, and not enough studying. This can affect your grades and academic standing. Over the years, students have dropped out of school because of poor grades. Hopefully this won’t happen to you. It can be easy to neglect your studies, especially when there are many exciting activities and meeting people from around the globe. For some of you, this maybe your first time away from home. Suddeningly, you are free to make your own decisions, and there’s no one to tell you what to do, or when to do it. This can really be a big deal.

Other than having to deal with the serious stuff, college days are most often fun, and memorable days.

There’s a whole new world out there waiting to be explored with unlimited opportunities, new experiences and new acquaintances. While in college, you may meet your soul mate, life long friends, start your career, meet potential business partners, and so much more.

As you start this new chapter in your life, enjoy the journey, and don’t forget the tips that can save you money.

Here’s to a successful school year!

Ruby Freeman

What money saving tips can you add to this list? I would love to hear from you. Leave your comments in the space below.

Go to www.helpingkidslearn.org to find related content and get answers to your questions.

Email me at Ruby@rubyfreeman2.com