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How to Get Into & Pay for College

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More Easy Ways to Save Money in College

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By: Gen and Kelly Tanabe
Founders of SuperCollege and authors of 13 books on college planning.

Gen and Kelly Tanabe can answer your question in Expert Advice.




Use your parents' health insurance until the very end.

Most colleges automatically enroll you in their health care plan unless you opt out by showing that you already have insurance. Most employer-provided insurance policies will cover children up to the age of 21. Have your parents find out the details of their insurance plans. Chances are that they can continue to cover you while you are in college.




Live in a co-op.

If you're willing to put in a little bit of cleaning, cooking or other household-type work, you can save money by living in a co-op. For students in Ann Arbor, Michigan, the Inter-Cooperative Council (ICC) has 18 houses and one apartment house in which students pay lower prices for room and board. The co-ops are owned and run by the student members rather than landlords or the university, and student members contribute a few hours of work per week to take care of cooking, cleaning and other household duties. Check with your college to see if co-ops are available. Website: http://www.icc.coop




Buy a tuxedo.

You might not be James Bond, but if you add up the number of black tie formals and dances that you will attend over the four years of college, you'll realize that spending $300 to $400 on a tuxedo will more than pay for itself. Remember, each time you rent, you'll pay $50 to $100. Plus, you have to wake up early the next day to return the thing.




Final Thoughts ...

Between the ten steps of the first guide and the ten tips in this guide, you have an arsenal of money-saving tips. Pick and choose the best ones for you and you should be able to save a significant amount of money each year. More money in your pocket means less money you'll have to borrow (and less interest you'll pay after you graduate) to make college affordable. If you have more good ideas, please feel free to leave a comment and help other struggling students.




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1001 Ways to Pay for College

Need money for college? Stressed over how to pay the next tuition bill? Searching for a way to get a degree without going broke? Whether you need a full-tuition scholarship or a little extra cash to make ends meet, 1001 Ways to Pay for College provides students and parents with the answers.

By: Gen & Kelly Tanabe
Pages: 512
Learn More


1001 Ways to Pay for College
 


 

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