Saving Money on a College Student Budget

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Starting college is an exciting time of your life! There are so many new firsts, and for many, it is their first time living away from home. With all the fun that comes with college and being in school, many students want to save some money. They have so many costs to prepare for: books, outings with friends, ordering food, extra school supplies, and more. Here are just a few tips to help you save money while you’re in college.

Earn a scholarship or two.  There are so many scholarships out there that people often forget about. Whether you were part of the honors society or did little community service, you still have options to earn some financial assistance to apply for college. Websites like help students find their perfect matches to apply and earn rewards for some of their achievements. Applying for a handful of them can earn you 25% or more of your tuition and fees paid for.

Work on campus.  While many students might not be happy about this option, it intends to save money. Working on campus helps with creating a little bit of cash for extra spending. While the pay is generally minimum wage, it is also a great way to get involved in the community on campus. Used in conjunction with scholarships, you can seriously save some significant cash and still be able to have fun after you complete your schoolwork.

Buy used, not new.  College textbooks can be costly. Even if a professor has promised that you need the new textbook, older versions have most of the same material. Check out websites like Chegg and others, where used textbooks can either be bought or rented. If you only need the textbook for a semester, renting is a great option and might even be cheaper than purchasing the textbook, new or used.

Take advantage of student discounts. First-year students might have heard about the benefits of being a college student. There are so many discounts that can help you save money that adds up over time. The savings are everywhere, ranging from music subscriptions to public transportation to laptops. It is best to take advantage of them before you graduate as they only apply to individuals in the school.

Start budgeting early.  College students living away from home for the first time might get overexcited. While it is cool and all to order pizza and hang with friends, students shouldn’t do it all the time. Creating a budget for yourself will help you in the long run. It might seem tedious, but it will help you better manage your finances and create savings while in school.

People are not always aware of all the benefits of being a college student. Acquiring scholarships before applying helps offset the cost of your student loans. But the savings don’t stop there. If you are willing to work and be mindful of your purchases, you can save some serious cash and take advantage of the many benefits companies give to individuals in school before you graduate. 

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Bibliography “Chegg.Com.” Chegg.Com, 2021,

Patterson, Ransom. “The Ultimate List of Student Discounts and Deals – Winter 2021.” College Info Geek, 7 Jan. 2021, “College Scholarships – Scholarships.Com.” Scholarships, 2021,

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