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How to Save Money in College

Instructor: Melinda Santos
Attending college, even with scholarships, can be a costly experience. Read on for some penny-pinching tips on how to save money while you're in school and explore some of Study.com's useful resources.

Budgeting

You may have secured scholarships and financial aid, perhaps even a part-time job, but one of your first 'real world' challenges as an adult on your own will be establishing a budget and sticking to it. Check out some lessons that take just a few minutes to review but can save you hours of time when planning your budget:

Buy Used

From furniture to books and clothing, buying used items equates to more money in your pocket. Find some tips on thrifty spending and some considerations when making major purchases in the helpful lessons below:

Get a Roommate

Whether you live on or off campus, having a roommate or two to share rent and utility costs reduces your own out-of-pocket expenses. Some added savings benefits include carpooling to class and splitting the costs of apartment furnishings. The following lessons can help you determine your budget for household expenses and adjust for how many people you live with:

Cook Your Own Meals

Create a meal plan for the week and prep snacks and meals ahead of time for a quick and easy grab and go meal. You can refer to the lessons below to identify other money management techniques and learn how to set financial goals:

Consider Alternative Ways of Earning College Credit

Earning college credits online can save you thousands of dollars in tuition. Find out how to transfer credits earned on Study.com to your school and explore some of the college credit courses we have to offer below:

Earning College Credit

Did you know… We have over 95 college courses that prepare you to earn credit by exam that is accepted by over 2,000 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.

To learn more, visit our Earning Credit Page

Transferring credit to the school of your choice

Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.

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