College Savings Tips

August 16, 2017

Start small – Do things yourself rather than going out and spending money. For example, make your coffee at home rather than going to the local coffee shop or cook your own meals rather than going out to dinner. These small savings will start to add up.

Keep track -  It’s easy to lose track of your spending especially when using debit or credit cards. Make sure to create a realistic budget that you can stick to that will prevent you from over spending.

Consider financial aid – Go to your school’s financial aid office and find out what the requirements are to receive financial aid. Also, make sure they have the most up to date version of your FAFSA.

Look into student loans – School is expensive and sometimes scholarships and grants just aren’t enough. Consider applying for student loans to help finance your education. It’s a good idea to start with Federal loans since they usually have lower interest rates & flexible repayment options. 

Take advantage of student discounts – Always ask if stores offer student discounts when you’re shopping. You can get deals on a lot of things such as laptops, books or even travel.

Use free services – Most colleges offer many services for free. You can use the campus gym instead of paying for an expensive fitness chain. Also, a meal plan is usually included in your tuition so you might as well use it rather than spending extra money on food.

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