Got Tuition?

When it comes to college expenses, everyone’s first concern is always tuition. Maybe now you’ve received some financial aid or a scholarship and are feeling home free. Unfortunately, tuition is only one of the many expenses kids face when they go off to school. Just because you’re on your own now doesn’t mean you should go burning every bit of cash in your wallet. Follow these easy money saving tips and make the most of that extra money you’ve saved with that new scholarship money.

1. Books: After tuition, textbooks are perhaps the most daunting of college expenses, but there are many ways to save on these costs. Always check around for friends who have taken any of the classes you’ve enrolled in and ask if you can borrow the book for the semester, or even pay them a few bucks for it. Amazon, Bigwords, and Book Circus, are just a few of the online companies that offer textbooks at discounted rates. Some sites also have options for selling your old books back at the end of the year.
2. Computer: More and more universities are requiring students to own a laptop, which adds considerably to college costs. However, a number of computer companies offer special discounts for students. Apple offers educational discounts as well as special offers such as a free iPod touch with the purchase of a Mac. Dell and HP also have special student prices that you should take advantage of.
3. Transportation: Most college towns are either small enough to get around on foot or have a reliable public transportation system. Leaving your car at home can save you costs on gas and a parking spot. Besides, walking is a great way to keep off that freshman 15.
4. Food: The transition from mom’s home-cooked meals to cafeteria food can be a rough one, but if you have a meal plan, use it as much as possible and limit your number of meals eaten out. Even if you’re used to brand name foods, try to buy generic at the grocery store. These products are usually just as good and much cheaper.
5. Credit Cards: Steering clear of credit cards altogether may be the best option for you, but if you do decide to use one be very diligent about tracking your expenses. Many students fall in love with minimum payments and won’t pay more than this during their entire four years of school. You may can get by this way, but you’ll be stuck with thousands of dollars worth of credit card debt. Always make payments on time and try to budget your expenses so you can pay as much of your actual bill as possible.