Wednesday, January 30, 2013

Save Money in College



Going off to college is an aspect of life that most students look forward to. They are finally going to be independent from their parents. They are also going to start their lives afresh with new friends and opportunities. In the process, most students tend to overlook an important factor that comes with their college education-the finances. Some parents usually set up a trust fund for their children from the time they are born. The trust fund’s money main purpose is to cater for their children’s tuition fees. Students as well as their parents tend to forget that there are other important monetary factors that matter when going off to college. These include shopping for college possessions such as text books, food and miscellaneous supplies. They also forget to include other important costs such as accommodation, which are usually not included in the tuition fees. This makes students’ first semester in college, a very expensive one for them and their parents.
As they progress in their academics over the years, the tuition costs keep getting higher. The students need to come up with ways which they can use save some of their money and cut costs. There are various ways which they can implement to save themselves, as well as their parents the agony of having to invest so much money on their academic extras. For instance, the students can apply for partial or full scholarships based on their academic ingenuity or talents that are advantageous to the university. This includes their sporting talents in various sports such as basketball, tennis, swimming, and others. This eventually leads to a positive outcome because the students will achieve their academic dreams, while saving their parents from the financial frustrations of paying tuition fees. The students can also buy textbooks that they require to achieve their academic ambitions from used textbook stores, or from students who are ahead of them by a semester or two. Also most authors have gone digital, and they publish their books online. Some of the books can be found cheaply from online bookstores like Amazon.
Students can also save costs by cooking their own meals instead of buying food from the cafeteria which can be quite expensive eventually. The students can also entertain themselves while in campus by attending the social events planned within the campus grounds instead of going out to the expensive social joints. Making long distance calls is also expensive. Students should use the campus wireless to communicate with their families and friends through social media. Students should ensure that their pockets remain un-dented during their stay in campus.

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