College is a costly endeavor. Student debt is an issue. I’m sure you’re sick of hearing random people on the internet rant about the exorbitant cost of education.
To be honest, I’m getting bored of writing about it as well. So I’m shifting gears today.
Related: Struggling Student? Here are 5 Ways to Earn Money During College
Top 5 Ways to Spend Less on College
Here are 5 bits of financial advice you can apply right away. When it comes time to stroll the hallowed halls, each will help you think twice and spend your money more wisely:
Take Duel Enrollment Courses in High School
Many high schools (though not all) offer dual enrollment courses, which allow students with a documented academic record of accomplishment to take college courses. This enables a student to enroll in two distinct, academically connected colleges. A high school student may usually take a college course and receive both high school and college credits simultaneously.
Allowing a student to receive credits toward high school graduation while still earning college credits can help to minimize the expense of education. These courses are typically given in high schools or on college campuses, and dual enrollment courses are typically free for high school students. Because these courses might be challenging,
It’s important to note that the marks you achieve in your dual enrollment course will remain on your transcript after you graduate from high school. Rules differ by state, but kids can consult their guidance counselor for further information on the alternatives.
Apply for Scholarships and Grants
It goes without saying that you should apply for scholarships and awards. Scholarships are free funds that you can apply for before beginning college. Individuals, alumni, nonprofit/professional/religious groups, private enterprises, social clubs, schools, and even employers grant scholarships.
College scholarships are available to almost everyone. Scholarships range in value from tens of thousands of dollars to one hundred dollars. Students are eligible for many scholarships, so apply for as many as you can.
Tuition, housing, and academic materials are all covered through grants. The Pell Grant, Federal Supplemental Educational Opportunity, Academic Competitiveness, and Smart awards are the most frequent.
For further information, students should speak with their guidance counselors or visit the Financial Aid office at the institution or university they want to attend. See also the Fund College and Scholarship page.
Join the Military
You can join the military or ROTC whether you wish to join part-time or full-time. Both are excellent ways for funding your college education. The military provides a variety of alternatives for active members, veterans, and their families, including college credit for time spent, tuition waivers, and financial support.
Educational benefits might also compensate you while you are in college. For further information, visit our Military Tuition Assistance website.
Cooperative Education Programs
Cooperative Education combines classroom instruction with real job experience, allowing you to earn credits while still working in your chosen industry. Many universities provide this by accepting your present job or placing you in a cooperative education workplace location.
Be aware that this may take longer to complete, but it gives opportunities for progression and stable work once a student finishes. As a result, it alleviates some of the financial strain associated with not working or finding work after graduation.
No Blue Books
Some schools still require students to write in blue books when taking examinations. You can typically get them for a little fee in your school bookstore, but if you take your tests on the computer, you won’t have to pay anything. Tests are often multiple-choice, and if writing is required, you may always submit your essays and answers online.
Related: 6 Steps to Adapt to Your College Life More Easily
Frequently Asked Questions
How can I spend the least money in college?
- Attend Free Events on Campus.
- Use Your Campus Gym.
- Cut Cable And Watch Online.
What is a reasonable college student budget?
A 12-month budget of about $27,200 is planned.
How much money should a college student have per month?
Between $1,400 and $2,082 for combined necessity and non-necessity charges.
What’s the 50-30 20 budget rule?
According to the guideline, you should spend up to 50% of your after-tax income on necessities and commitments that you must have or fulfill. The remaining half should be divided as follows: 20% for savings and debt payments, and 30% for whatever else you choose.
What are 3 ways to decrease spending?
- Set aside as much money as you can afford each week for miscellaneous expenditures and spend it all.
- Make a list and stick to it when you go shopping.
- Avoid shopping malls and internet purchasing sites.
What do college students buy the most?
- Electronics
- Furnishings
- Clothes
- School supplies
How much should I spend weekly as a college student?
$25-$75 a week
