Important Updates

  • The priority filing date for the 2024-25 FAFSA and CADAA has been extended to May 2, 2024. Visit Apply for Financial Aid for details.
  • The Department of Education has announced they will send information from the 2024-25 FAFSA to schools in mid-March. This may result in a delay in financial aid packaging and offers for the 2024-25 academic year. While awaiting your financial aid offer, we encourage you to utilize the UC Davis Financial Aid Estimator to estimate your potential aid.

How to Survive on a College Budget

Tips on how to save and student enjoy life

Everyone knows that college can be expensive and the cost is increasing every year. Between paying for tuition, parking, textbooks, extra fees, and everything else, you also have basic living expenses to pay for as well. These costs can add up, so it is important to learn to survive on a college budget. Below are a few tips to help you survive on a college budget. 

Utilize Your Student ID 

Did you know your student ID can be used beyond your college campus? Many companies offer student discounts and you can save money by simply providing your student ID. Before you buy anything, check if the company offers a student discount. Your student ID can be used at restaurants, movie theaters, clothing stores, and much more. Check out Top Student Discounts to see what companies offer student discounts. 

Learn to Use Credit Cards Properly 

It is quite common for students to utilize their credit card often throughout college. It is important to learn how to use credit cards properly as many college students rely on their credit card, often creating debt that can be hard to get out of. Learning proper credit card management is important to prevent yourself from getting into debt that you cannot manage. It is best to avoid paying for expenses with credit cards whenever possible and instead use your debit card when you can. If you find you need to use a credit card, only use it for expenses that you will be able to pay off in full. Check out How to Use a Credit Card Responsibly.  

Have a Roomate 

Having a roommate can be beneficial as it means you pay less in utilities and rent. If you live on your own or plan to live on your own, consider renting your apartment with a roommate to help lower the costs of rent and utilities. When looking for a roommate, it is important that you find someone with whom you are comfortable as you will be sharing living space. Check out What to Look for in a Compatible Roommate for tips.  

Eat Out Less 

It is quite common for students to start eating out often once they start college. Although it is convenient to save time, eating out often can add up. This does not mean you should not eat out, but try to cook your own meals a few times a week in order to save money. If you choose to still eat out, take advantage of happy hours or other times when food can be cheaper, such as lunch time.  Check out 30 Easy Recipes for College Students for easy recipes you can make on a budget.  

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