Ways to Save Money as a College Student (And Still Have Fun)


Ways to Save Money as a College Student (And Still Have Fun)

Your college years are arguably the most memorable years of your life… and some of the most expensive years as well. Although attending and living at college comes with a large price tag, it is one of the most beneficial investments that you can make in your lifetime. To help you develop responsible spending habits early, we’ve put together a list of ways to save some cash as a student whose finances are stretched:

Make Use of Student Discounts.

There are many local businesses and online companies that offer student discounts on food, clothing and activities. From the trampoline park, to your favorite pizza place, to the local mall – you’ll be surprised at the potential savings! Wherever you go, don’t be afraid to show your student ID and ask if there are any discounts or deals available.

Take Advantage of Campus Services, Amenities & Activities.

Make the most of the free or heavily discounted services, amenities, and activities that are offered on your college campus. There are many opportunities to save on course-related services such as buying used textbooks, printing for free, gaining full access to the library and all of its offerings, applying for scholarship and grant opportunities, attending office hours and finding individual or group tutoring sessions. Beyond that, taking full advantage of your meal plan, utilizing communal kitchens or appliances and working out at your campus athletic center will help to cut back on the cost of daily essentials. In addition, each university offers sporting event admission at free or low prices for students as well as campus activities like movies, concerts, and game nights for no charge.

Split Costs with Friends.

You will make some of your best college memories with your closest friends… make sure to save money together along the way! Living together and splitting the cost of rent or housing, buying necessities in bulk, sharing food and the cost of meals, carpooling or splitting the cost of car rides and borrowing each other’s school or cleaning supplies are great ways to share and save.

Open a Student Checking Account.

The best lessons are taught outside of the classroom and opening a student checking account is a must for college students! Checking accounts are perfect for individuals who are on a budget and who want to get the most out of their banking and credit services. For a personal experience to meet your needs and an account with no monthly service fees and no minimum balance requirements, check out our Student Checking Accounts.

Make and Save Money Where You Can.

Being a full-time college student is your most important job. However, an extra stream of income, even a small paycheck, can be extremely beneficial. If picking up a few shifts a week without sacrificing your performance in school seems realistic, look into flexible employment opportunities, especially on-campus job offerings or paid internships. If this is not doable for you and your schedule, get creative! Sell back your used textbooks at the end of the semester or sell furniture or clothing items that you no longer need.

Additional ways to save money include walking, biking, carpooling or using free public transportation to get to class or around your college town.

Dedicate an Allowance for Fun.

It is important to make the most of your college experience. You can do this by budgeting for and monitoring your weekend spending. If you are going out, find specials and happy hours at local and chain bars and restaurants and find ways to have fun without breaking the bank!

Invest in Yourself & Your Future.

At the end of the day, you going to college to gain knowledge and experience, all while getting a higher education. You’re paying for it, so make sure to get the most out of your college years. Go to class, join clubs and activities, learn from your surroundings, dedicate time to your studies and stay focused on your education. It will all pay off in the end! 

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