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!

5 Reasons Why Text Book Rentals Are Lifesaver for Students

Lifesaver for Students

When college students apply for a new semester at school, they’re forced into paying hefty tuition fees. This tuition typically covers the cost of your courses and some amenities around the campus, but more often than not, college tuition fails to cover the costs of a few other necessary things. Some of these non-covered costs include parking and textbooks, which would be a lifesaver for students if free.

You might have free access to the school’s swimming pool that you never intend to use, but you don’t have free access to your required course texts. The worst part about it all is that these textbooks are quite expensive. 

Luckily, there are a few other options for you other than purchasing these texts brand new from the campus store. Before you empty your pockets purchasing several textbooks for all your classes, consider the benefits of textbook rental. 

Here are several reasons why renting textbooks can be a huge lifesaver for college students!

1. You Save Money 

The most important aspect of textbook rentals is the amount of money you’ll save when taking this route. Textbook rentals are much more affordable than purchasing the textbooks brand new. You might even have a few different rental options to choose from as well. 

If a text is an older version (but still accepted by the professor), or if the textbook has writing inside of it, then you might be able to rent it even cheaper than other rentals. Do keep in mind that you won’t be able to write your own notes inside them, and you’ll need to keep it in the same condition it was in when you rented it. 

Failure to do so could result in charges. Either way, renting is a much cheaper option than buying new. 

2. You Have Options

When renting textbooks, you’ll be given a few different options. For starters, you’ll have the option to return the textbook if the professor decides not to use it, or if it was the wrong one. You’ll also most likely find free shipping when renting online. 

If you need the textbook ASAP, then you can consider renting an eTextbook. eTextbooks are available to you as soon as you pay for them. They might be a bit more expensive than hard copies, but they can make things more convenient for you.

You won’t have to worry about causing damage to it either. When the time rental timeframe is over, it’ll simply expire. If you want to keep the eTextbook, then this is another option you have. 

3. You Save Space and Trees

Renting textbooks is also beneficial because you save space inside your home or dorm and you save the environment. Imagine if you were to purchase every single textbook required for every single course you take while in college. That’s a lot of textbooks! 

Not only is that a lot of textbooks, but these textbooks are normally not small. Some textbooks are smaller, but the majority of college textbooks are quite large and bulky. Do you really have the space to harvest all of these books? 

This becomes even more challenging for those living in dorms with limited space. With all of these textbooks also comes a lot of paper use. It takes a lot of paper and energy to create college textbooks. 

When you rent textbooks or choose eTextbooks, you’re also helping the environment all while saving space for more important things like that favorite knick-knack of yours. 

4. You Won’t Fall Behind

When you’re unable to purchase your textbooks for your college courses, it’s easy to fall behind quickly. Most professors begin using textbooks and teaching lessons right away. There’s not much room for error. 

If you’re unable to buy a textbook because you don’t have the funds, then you risk falling behind in class from the very beginning. You may be able to save up money and buy the text later, but at that point, you will have already been so far behind.

Instead of falling behind in class, you can rent your textbooks. Because textbook rentals are cheaper, you’ll have a better chance of getting all the textbooks you need at one time. 

5. You’ll Have Convenience 

Renting textbooks online is convenient in many ways for college students. You won’t have to worry about heading over to the campus bookstore and waiting in long lines to find the books you need. College bookstores also become overwhelmed with students all looking to purchase the same textbooks. 

When this happens, you might even have a hard time finding the book you need. When renting online, you still need to act quickly, but you won’t have to worry as much about shelves clearing out. You also won’t have to worry about selling your books back and hoping to get a decent price. 

When renting, you find the cheapest textbooks online, have them shipped to you for free, and you later return them using a provided shipping label. It’s a much more convenient option that’ll give you some peace of mind. 

Textbook Rentals Are the Optimal Lifesaver for Students!

After reading through this guide, there’s no doubt that textbook rentals are a huge lifesaver for students taking college courses. Don’t be fooled into purchasing expensive textbooks that you might not ever actually use and if you do use them, it’ll only be for a short period of time.

Only pay for what you need by choosing to rent your textbooks instead. 

Click here to browse through textbook rental options available for you today!