Inceptia_GreatAdvice4Parents_2023_0923

Learn more about budget planning for college students.

Know how to save money where you can. Couponing and scoring deals – in newspapers, magazines, apps, and online – make saving money easier than ever. Be sure you take advantage of free resources and know where you can save money: • Some tech companies offer student discounts on laptops that could save you money on the equipment you need for school. • Consider buying or renting used textbooks . And if you’re planning to sell textbooks back to your college bookstore at the end of the semester, check with online retailers first to see what your books are worth. College bookstores sometimes only pay 10% of the purchase price, so you may be better off selling yours online. • Federal Pell Grant recipients may be eligible for discounted broadband internet. The offer may include a monthly discount on your internet service and some equipment, like your modem and computer. • Seek out student discounts from companies big and small. Theaters and venues often have special student pricing or rush tickets for an even better day-of deal. Be sure to also take advantage of free events, like on-campus concerts and performances, and free days for students at local museums. 3

Explore available campus food resources.

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Look for programs that can help reduce your spending on groceries and dining out.

School meal plans usually include special food pricing, and local restaurants, cafes and stores often have student discounts or deals. If you’re feeling social, student club meals and potlucks are typically budget-friendly and a fun way to try new foods. You can also check to see if your school has a campus food pantry where you can grab what you need and go. Another option to explore is the USDA’s Supplemental Nutrition Assistance Program (SNAP), which helps supplement the food budget of people who qualify for assistance. SNAP was expanded to include students participating in the Federal Work-Study Program or a state-funded work-study program. Craft a strong resume and start networking. Work experience is just as crucial as good grades when it comes to job hunting after college or career school. So, don’t wait until you’re finishing your degree to create your cover letter and resume. Being able to effectively describe your skills and sell your strengths now is vital when applying for jobs and internships while you’re in school. 5

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