Guides: 3 Big Ways to Save Money While in College

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Christina Le
Christina Le

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Everyone knows that college isn’t cheap. Other than the staggeringly high tuition, college students also have to worry about a laundry list of other costs. This includes purchasing textbooks and materials for classes, paying rent and bills, and other necessities. Worrying about having to save money should not be the focus of your college career. You are there to learn, not to worry about the pennies that remain in your savings account! Although college is expensive, there are ways you can quickly cut down on how much you are paying. Ultimately, you can save yourself and your parents a lot of money in the long run. So, let’s discuss some top ways to save money while in college.

1. Look for scholarships.

Scholarships are a great way to save money on college. There are hundreds of scholarships out there that you could be eligible to apply for. Some of the requirements can be as easy as being a certain ethnicity or playing a particular sport! Scholarships can give you a set amount of money, or cover your room and board for the semester.

Regardless of whether the scholarship is big or small, you’ll be saving money. Most students end up winning these scholarships because there are so few other applicants to compete against. So go ahead and look for those scholarship opportunities!

2. Consider going community.

Community college isn’t the end of the world, especially if you’re trying to save money! Attending a community college will save you so much money in the long run. The classes are cheaper, which allows you to be able to take different classes! Exploring lets you see which ones you’re passionate about. You also won’t have to worry about paying for rent or food since you’ll be living at home anyway!

You can also use scholarships as mentioned above to get free textbooks and school supplies. Furthermore, community colleges generally have smaller class sizes as well. This means more focus on you as an individual student, and it’ll be easier to ask your professors for help or one-on-one tutoring.

3. Stay in your state.

When you go to a school out-of-state, the costs of college become substantially higher. Now, you have to pay for airplane fees for when you want to go home, your tuition prices are increased, and other costs apply. Typically, students who attend colleges in-state are given favored treatment when it comes to tuition, since these schools are funded by state taxes.

Scholarships and financial aid benefits are often greater for students staying in-state as well. Going to a college not too far away can help you cut down if you are on a tight budget. Plus, it can just be more convenient overall. You might think that being near your parents will drive you crazy, but living close to them might come in handy. It is also easier to get accepted into an in-state college. These colleges are no less academically rigorous than any other school. Furthermore, it is easier to go home during breaks or if there is a family emergency, and you won’t have to pay an arm and a leg for it!

Looking for more advice from experts who have been in your shoes? Reach out today. Booking a free consultation is a great first step to meeting the advisor that will help you ace the whole college experience.

Questions? Let us know!