Top 10 Tips for Saving Money in College

saving money in college

A recent study showed that nearly 60% of low-income students, that work more than 15 hours a week, had a C average or lower. Working while going to school can get overwhelming but there are other ways you can save.

If you are concerned about finances during college or want to start saving, there are a few tips to follow. Continue reading to discover some of the best tips for saving money in college! 

1. Work Part-Time

Working a low-stress, part-time job while in college can help you pay bills and keep up good grades.

Many people recommend only working a couple of hours each day. As you will need ample time to study. Weekend shifts are also ideal for college students and are quite manageable. 

The best part about working part-time is that you will get a paycheck every couple of weeks. This money can go into your savings account or go towards fun times and student merch!

2. Avoid Missing Payments

One of the best financial tips for college is to avoid missing payments on credit cards or bills. 

Missing payments can quickly damage a credit score and cause even more damage. It will make monthly payments rise and put you in a riskier position than you were before. 

Don’t be afraid to contact the company and work out a payment plan that is realistic for you. Companies are often understanding and will work with you to get the money that they need. Never ignore the calls and missed payments warning signs. 

3. Get a Free Checking Account

Many banks offer free checking accounts to students and this is what you should be signing up for.

A checking account will help you manage your finances and track how much money you have at all times. If possible, try to talk to the bank about opening a dual checking and savings account. 

4. Set a Budget and Follow Your Plan

Did you know that books cost nearly $1,500 a year per student in the United States?

Books, tuition, and food plans can cost a lot upfront so you must not forget them when planning out your budget. Many people work with FAFSA to get their student fees figured out with financial aid. Don’t be afraid to speak with a student counselor to get assistance throughout the process.

Budgeting is crucial, especially if you aren’t planning to work throughout the year. Make sure that you know how much money you have and can spend each week. This will help keep you on track! 

5. Apply for Scholarship and Grants

By working with the financial aid department at your school, you can save a lot of money and possibly get some in return! 

Student refunds are given each semester to those that received more in financial aid, scholarships, and grants. This extra money, that isn’t going towards classes, can be used on books, meal plans, and living. 

Scholarships and grants are the best things to apply for. Unlike financial aid, you don’t have to pay this money back! 

6. Get Textbook Rentals 

Did you look at your statistics class book list and realize how expensive the books are?

Buying brand new textbooks can get overwhelming if you are low on money. Instead of spending all of your money on books, consider renting them instead! Renting textbooks is recommended if you don’t want to keep the book over the years anyhow. 

Renting is easy and pain-free. We have a long list of textbooks for every class in college at a cheap cost. You can save hundreds by renting books versus buying them brand new. 

7. Utilize Student Resources 

There are many student perks that people don’t realize come with their education.

Instead of paying for a private tutor, many schools have programs and chances to learn more about the topics they are researching. There are many study groups and student resources that help improve grades at no cost at all. 

Student gyms, computer labs, and cafes can help you save money across the board and you get the benefits! 

8. Don’t Eat Out at Restaurants 

A big mistake that students tend to make in college is eating out for every meal of the day. 

Going out to eat constantly can put a dent in your wallet. By setting up a meal plan or going to the grocery and cooking, you can save money and eat well. Meal plans are the most convenient for students because they are located all around campus and have endless amounts of food it seems. 

9. Go to the Library

There are many reasons to go to the library to help save money.

By going to the library to print papers and documents, you are saving on printing fees and ink costs. Most students receive a certain amount of free prints within each semester, don’t underutilize them!

Another reason to head to the library is that it can save you money on buying books. Rent out a book that your professor is recommending to prevent small fees from adding up. 

10. Hit the School Gym

Another piece of college advice to follow is to skip the gym membership with monthly costs and head to your school gym.

Most colleges have a student gym that can be accessed by anyone enrolled or living on campus. These gyms are typically filled with the latest machines and have all of the options you can think of. By heading to the school gym, you can break free of monthly fees and commitments. 

Don’t be afraid to join fitness clubs at your gym either. Most college campuses’ have classes that run like yoga, sports, and swimming. 

Work on Saving Money in College Today

There are many ways that you can go about saving money in college for your first year and beyond. 

By saving money with textbooks and food, you can get ahead of the game and start growing your accounts. Don’t forget to open a free checking account to help you monitor your finances.  

Beyond utilizing your resources, working a manageable part-time job can also help save money in college. Be sure to check out our textbook selection to save the most money and sell them back when you are done!


Affordable Textbooks: Money Saving Tips for Renting Textbooks in College

affordable textbooks

In just 10 years, college tuition and fees increased by 63%, those fees include the rising prices of textbooks. If you are a current college student, you probably don’t find this statistic surprising.

Even with efforts like the Affordable College Textbook Act, most students have to spend hundreds, maybe even thousands, on textbooks alone. That’s on top of the already high tuition prices that are also rising.

Let’s face it, finding affordable textbooks is difficult. We want to make the process less stressful for you which is why we wrote this guide.

Read on to learn about money-saving tips for gaining college textbooks.

Where to Rent Textbooks

There are different platforms where you can rent affordable textbooks which is why comparing prices is always a good idea. At TextbookRentals.com, we make it easy for you to compare prices for all kinds of textbooks.

For affordable college textbooks, your best options are price comparisons from Chegg and eCampus.

College students tend to spend thousands on textbooks because they shop at their school’s bookstore. Even third-party book stores amp their prices up. Because of this, renting textbooks from these places should be a last resort.

Tips on Buying Affordable Textbooks

Affordable college textbooks are hard to come by, but there are a few tips you can follow to save you major bucks. Here is our best advice on saving money.

Avoid the Bookstore Like the Plague

Yes, we’ve already touched on this, but when it comes to textbook affordability, the bookstore is your worst enemy. These stores are filled with shiny, new books that you’ll use for one semester and never need again.

Although they do offer used items, the prices are still marked high. You can usually find textbooks online for cheaper.

Wait Until After Class to Buy

We know you want to be a good student and follow the syllabus before getting into the classroom. However, when it comes to buying textbooks before class, we recommend waiting.

Some college professors are aware of the rising cost of textbooks but don’t always have a choice for which ones they require for class. However, some professors are willing to work with their students who need it most.

You may go to class with your brand new textbook just to find out that you don’t actually need it for the class, it was just a suggestion. You may also learn that your professor has extra copies for students to share.

If you do need a textbook after the first class, ask your professor for affordable recommendations if they didn’t already mention it to the students.

Unless strictly stated in your syllabus that you need to have your textbook with you on the first day of class, buying it after class is usually no biggie. If you are afraid to take that risk, email your professor beforehand to get input.

Buy Used

A used book is often the more affordable textbook option. When you can’t rent a textbook, consider the used options before buying a new one. You can resale a used or new textbook down the line.

Even though you can sell a new textbook after the semester has ended, you will never make a good enough return to make it worth it. This is mainly due to the fact that it is no longer new because you used it.

Look for eBooks

Because of the rising use of technology in colleges, publishers are starting to offer their textbooks as eBooks. This is a great option for when you don’t need a physical copy of your textbook.

An eBook can be looked at on a smartphone, tablet, or computer. Chances are, you are already taking one or more of these things to class every day.

If you are an avid highlighter and note-taker, don’t fret! Nowadays, most eBooks can be virtually bookmarked and highlighted.

Check the Library

Campus and local libraries won’t have every textbook, especially the newer ones, but checking anyway is worth a shot to save some money.

We recommend looking through the library as soon as you know what books you need. These entities may have some of the textbooks your classes require but often have limited availability.

Split Costs With a Friend

We recommend splitting costs with a friend as a last resort because working out the details can get tricky. If you and someone you know well are both taking the same class at different times, this may be a doable option.

It can definitely save on costs to split a used or rented textbook, but make sure you have access to it when you need it most. For example, if you need it during class, for help with completing assignments, or to study for an exam.

Rent!

The last tip for finding affordable textbooks is a given. You should always rent when you can!

There is often no good reason to buy a new textbook that you’ll only need for a few months and then never pick up again. You can rent new textbooks, used textbooks, and even eBooks.

All you have to do is find the right supplier. That’s what we are here for!

Finding Affordable Textbooks With a Price Comparison Engine

At TextbookRentals.com, we don’t sell any of the books listed. Our goal isn’t to make money, it is to help college students save wherever they can.

We know how hard it can be to find affordable textbooks. With this guide, we hope to save you as much money as possible.

We have an abundance of articles on how to save money in college, check them out on our blog. For help with finding a specific book, start browsing textbooks here!