What should I budget for in college?

What is a good budget for a college student?

Example college student budget

Expenses for the semester Budget for the semester Budget per month
School supplies $500 Spent at the beginning of the semester on supplies and books
Rent $2,600 $650
Utilities $160 $40
Internet $120 $30

What is a reasonable food budget for a college student?

College Meal Plan Consideration

The average is $4,500 for eight-month meal plan – though this number can vary greatly depending upon the school. Often, for the first year or two, it is mandatory for students to select a meal plan and this becomes a fixed-budget item in terms of college expenses.

How much does a college student spend per month?

Students in California spend about $2,020 per month or $18,180 annually per nine-month academic year for expenses outside of tuition. 64% of respondents viewed the cost of college and balancing school and work responsibilities as the biggest obstacle to succeeding in college.

How much do college students have in savings?

How much should a college student have in savings? Survey Finds 1 in 3 College Students Have At Least $1,000 Saved. Young people aren’t typically known being financial savvy.

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How much does it cost for 4 years of college?

Annual average tuition at public 4-year colleges and universities

State 2019-2020 In-State Tuition and Fees 2019-2020 Out-of-State Tuition and Fees
California $9,970 $31,750
Colorado $11,380 $31,670
Connecticut $13,660 $33,170
Delaware $13,290 $33,000

How much do college students spend on groceries per week?

Answer. According to this chart- we’ll assume that most students are on the “low-cost” plan- the average American college students spend on food anywhere between $42-$55 per week.

How much should a student spend per week?

The average student living costs are about £795 a month (or £183 a week), with our findings revealing that the Maintenance Loan often falls way short of covering students’ living expenses. It’s probably no surprise that rent takes the biggest chunk out of the student budget.

How much spending money does a college student need per week?

The consensus among the hundreds of parents who did send their college students spending money was that the range should be between $25-$75 a week for a student living on campus. The most common answer was $50 a week or $200 a month. Students who had cars on campus needed more than those who didn’t.

Portal for students