Tag Archives: college costs

Smart ways to live cheaper on campus



Here’s some great tips to help parents help their college-bound teens save some money when they go off to college. Take notes and start implementing these strategies into their lives BEFORE they leave for college.

By David Replogle for The Real College Guide

Living on a shoestring budget? Whether your parents float you funds or you’re pulling a part-time paying gig, here’s how to stre——-tch every precious penny.

piggy-bankBroke — it’s a common catch in student jargon. “OMG, I broke my phone at that rager last night” or “I just broke up with my girlfriend ’cause she was cheating on me with my best bud.” But when used as an adjective, the word describes the financial status of most college kids.

Unless Dad is handing over his preferred platinum card or you strike it rich selling those musty ol’ Pokemon cards, you’ll have to get by on meager means. Here are some painless ways to get major bang for your buck … even if it’s your last buck.

Put the “Eat” in Creativity

Whether you’re craving a change from the monotonous glop of the dining hall, celebrating a friend’s birthday at a nearby bistro or taking a study break to go for a late-night munch, your wallet will take a hit. Cutting back on these extravagances means getting clever.

  1. Buy in bulk When stashing snacks in your room, think long term. Talk to your roommates about pitching in for some grub, then head to the nearest warehouse retail chain to stock up on industrial-sized cheaper-in-the-long-run crates of Ramen packets and other non-perishables. Many discount clubs offer collegiate membership rates, and some give free introductory one-time shopping passes for non-members to bypass the annual fee altogether.
  2. Use the student discount Grocery stores, restaurants and even places on campus usually have discounts for students. Even if you don’t see it advertised, it doesn’t hurt to ask. Have your student ID at all times. It could save 15 percent on that panini or score you a free dessert!
  3. Sniff out free food Complimentary chow is almost as popular on campus as the latest gossip on CollegeACB. “Club meetings and churches are always looking to give out food to potential new members,” says Robby Panos, a University of Virginia junior. Philanthropic bashes and school-sponsored speaker events are also prime time for gratis grubs. Grab a slice of pizza and take in a lecture.
  4. Have a drink on me Students pour beaucoup bucks down the drain when indulging in conveniences like Starbucks and bottled water. Invest in a coffeemaker so you can brew your own, and get yourself a travel mug. Pick up a refillable water bottle too if your college’s tap is tolerable. Bonus: It’s better for the environment.

That’s Entertainment

Life doesn’t have to be a snore just because your pockets are empty. Money buys neither happiness nor a stellar social life. You can get out and about without tossing around a ton of green.

  1. Be art smart Your campus is probably rife with free productions, concerts and workshops. Problem is, nobody really hears about them … and when people do, the enthusiasm is usually lower than the grade on your last calculus test. Time to do some research (track down calendars of events), gather up your dorm mates and head to the next pay-what-you-can play or free movie screening. Even if it’s bad, you’ll get a few laughs — or at least the opportunity to heckle!
  2. Speak Greek Not joining a frat or sorority will save you a lot of cash right out the gate. But what happens when you want to get into the best party of the year and don’t have the connections? Exchange names of brothers and sisters you know with friends and ask them to do the same — on most college campuses, name dropping is the ticket to free admission. Once you’re inside, you’ll get beverages … and if you’re lucky, maybe even a few phone numbers.
  3. Out on the town Be in the know too when it comes to events in neighboring areas. Community organizations often host free outdoor festivals with live music. Local restaurants have early-bird specials. Theater workshops and art galleries frequently offer free or reduced admission. (Again, don’t forget to ask about student rates.) Read newspapers and pay attention to fliers. It could pay off.
  4. Any singles? If you have a significant other who saps all your savings, it may be time to have a chat about cutting back on unnecessary costs or to ask your partner to pull his or her own weight. If this person is not important to you, you may even consider living the single life for now. Romantic dinners and little gifts add up. Is it worth it? Your call.

Shop Till You Plop

Enter upscale department stores and exclusive boutiques at your own risk, but you don’t have to totally give up the urge to splurge. Just tone it down a few notches.

  1. Clothes the deal Punch up your wardrobe without breaking the bank: shop clearance racks. (The best ones are where an additional markdown is given to already slashed prices.) Look for one-of-a-kind finds in thrift and consignment stores. Pick up inexpensive accessories at discount stores and chain boutiques.
  2. Gotta dollar? Discover the beauty of the dollar store. It’s great for party supplies, stationery, candles, soaps, toiletries and tons more. Whether you’re buying useless trinkets or practical necessities, think about it: You can walk in there with a 10-spot and leave with lots of loot. Heck, you can scrape together a dollar plus tax in pocket change and treat yourself to something.
  3. Be a coupon king or queen Keep a lookout for coupons on one-day shopping events at major department stores. Also sign up for email notifications of store specials and be sure to check online for Internet coupons before making a big purchase. (Restaurants and fast food chains run a lot of coupon specials too, so keep your eyes on the prize.)
  4. Beauty booty Ladies, fine department stores dole out free samples at the cosmetics counters. Want to road test a lip color or facial moisturizer or new perfume? March on over there with an air of confidence and ask the consultant to show you some options. She’ll likely give you mini-sized products to try at home.
  5. What a card! If you’re a die-hard shopaholic experiencing severe withdrawal, hold off before reaching into your cash stash by keeping in mind that the holidays are right around the bend. “It might be painful to wait all semester,” says Appalachian State senior Diane Vachon, “but soon enough you’ll have a dozen gift cards with your name on them.”

Common Cents

Ask not what you can do for your school but what your school can do for you. Universities give back to their student patrons in plenty of ways, so take advantage.

  1. Be book smart The library isn’t just for studying, using the Net and people-watching. It actually contains books — a revelation, I know. If you’re taking subjects like lit, history or philosophy, the library could relieve a big financial burden. Instead of turning to the expensive school bookstore (or even Amazon) for a book, do a quick search on the libe’s browser to see if it’s available. Then drop-kick the kid who’s about to check it out.
  2. Get off your lazy butt If you have access to the campus gym and you’re paying for a pricey fitness membership, stop. Other free-of-charge physical activities: walking, jogging, hiking, in-line skating, riding your bike, a pickup basketball game, lifting weights in your room, dropping to the floor to do sit-ups and push-ups … shall we go on?
  3. Let’s make a deal You’re a smart cookie, so figure out how to split costs with your roommate. Double up on your laundry to save quarters. Share a printer, swap playlists and take the same cab home from a party. And if you’re both heading out of town, consider carpooling. Even if you and your roomie aren’t the best of buds, a road trip is always less taxing when there’s company … and music.
  4. Hop on that job “The No. 1 thing I can say is find a job on campus,” offers up Wabash College junior Mack O’Shaughnessy. “It’s the best way to get some extra cash in your pocket.” On-campus stores and restaurants are often hiring. Just don’t tell the folks: You still need someone’s sympathy, especially when it comes in the form of a crisp Benjamin.

Scholarships: JROTC and FFA

 

Searching for scholarships can be overwhelming, especially if you don’t know where to look; or in this case, how to plan. Sometimes planning for scholarship opportunities takes a little foresight and preparation, but the benefits and the rewards definitely pay off.

JROTC Scholarships

jrotcMany high schools across the country offer a class called JROTC (Junior Reserve Officers Training Corps). It’s more than a class, however. It’s an opportunity to qualify for scholarships at the military academies and in college ROTC programs. Additionally, many parent booster groups offer scholarships to cadets who participate in the program. Even if your college-bound teen doesn’t plan to pursue a military career, JROTC offers a great opportunity to show colleges they possess leadership qualities and communication skills. Units also teach discipline and respect.

Read this article to find out more information about JROTC:

Junior ROTC-more than just a class to cadets

ffaFFA Scholarships

FFA (Future Farmers of America) clubs in high schools offer another opportunity for students to win scholarships. Students raise livestock and participate in livestock shows. Most exhibitors leave the livestock show with some money for college, and many win additional scholarships.

Read this article to get more information on FFA and livestock competitions:

Scholarships: Another way for stock show competitors to win big

If your college-bound teen shows an interest in either of these two areas, it’s an excellent opportunity for them to turn their interest into some money for college.

How to raise $15,000 for college

 

A few weeks ago I attended a virtual college event at CollegeWeekLive. I was impressed with the simplicity of the information and wanted to pass it along to all my readers who might not have had the opportunity to attend. This particular session was conducted by Kim Clark, staff writer for U.S. News and World Reports. She outlined some simple steps to raise $15,000 for college:

  1. Up to $2500 from Uncle Sam–via tax credits (Hope and Lifetime Learning Credit)
  2. Child labor–put your teen to work at a summer job ($8 an hour x 40 hours a week for 9 weeks=$2880)
  3. Student loans–Stafford Loan ($5500 max per year at 7%); after student leaves college can sign up for payments based on their income (less than 15%)
  4. Family savings–cut teen to occassional driver and save $; food bills will decline; stop subsidizing entertainment (food and insurance can =$300-$400 a month)
  5. Scholarships and grants–leverage grades, test scores, athletics, arts for merit-based grants; apply for local scholarships
  6. Friends and relatives–ask for college fund contributions instead of presents
  7. Corporate sponsorship–some employers subsidize education for employees and families; UPromise
  8. Reduce college expenses–reduce dorm costs (share with other students); watch meal plans; buy used textbooks or rent; earn cheaper credits at community college, AP classes or dual credit classes; sell student’s car (won’t need one at college)

The bottom line: $15,000 or MORE! Here’s how it all adds up:

  1. Tax break-$2500 per year
  2. Student loan-$5500 per year
  3. Student job-$3000 per year
  4. Parent savings-$4000 per year
  5. Relatives-_____ (fill in blank)
  6. Scholarships-____(fill in blank)
  7. Corporate sponsorship-____(fill in blank)
  8. Reduction in college expenses-_____(fill in blank)

By piecing together all these separate components, there is no limit on how much you can raise for college costs. At the very least you can raise $15,000, at the very most, the sky is the limit!

You can check out U.S. News and World Reports education section: Paying For College for more information and tips.

Paying for College

collegeweekliveToday is CollegeWeekLive’s FREE online event that will answer many of your questions about paying for college.  They have taken the time to gather all the experts and bring the information to you in the comfort of your own home. Sit down with a cup of coffee and watch, listen and chat while they give your their tips on financial aid, scholarships and financing.

Straight from College Week Live’s email:

Would you like to talk live with representatives of the US Dept of Education, Office of Federal Student Aid office about the new Free Application for Federal Student Aid (FAFSA) form and federal financial aid options? Want to speak with an expert from US News & World Report about tracking down cash for college? Would you like to find scholarships or get advice from college financial aid officers?

Get all this and more at CollegeWeekLive PAYING FOR COLLEGE on January 14th from 3:00 – 10:00 PM Eastern. Register for free and login this Thursday to speak live with this all-star cast of financial aid and scholarship experts!

3:00 PM Eastern How to Raise $15K for College Right Now
Kim Clark, Staff Writer, US News & World Report
3:30 PM Eastern How to Tap Into $11 Billion in Merit Scholarships
Chris Long, President and Chief Operating Officer, MeritAid.com
4:00 PM Eastern Elks National Foundation Scholarships
Kristen Scaletta, Programs Relationship Associate, Elks National Foundation
4:00 PM Eastern Money for the Student Athlete
Dion Wheeler, Author: “Sports Scholarship Insider’s Guide”
4:30 PM Eastern The Scholarships.com Program
Kevin Ladd, Vice President, Scholarships.com
5:00 PM Eastern Finding Money: A Guide To Financial Aid
Featuring Martha Savery, Director of External Relations, MEFA
7:00 PM Eastern Funding Your Education: Expert Tips to Navigate the Financial Aid Process
Adam Essex, Senior Project Manager, US Dept of Education, Office of
Federal Student Aid
9:00 PM Eastern Ask a Financial Aid Officer
Financial Aid Officers For Hawaii Pacific University and University of Alaska Fairbanks

Visit the Scholarships.com booth on the Financial Aid floor for more scholarship information and live chat!

Don’t forget about the CollegeWeekLive scholarships: Click here for more information!

  • $1,000 scholarship for the student of a parent who registers and attends CollegeWeekLive PAYING FOR COLLEGE
  • $3,000 scholarship for a student who registers and attends any 2010 CollegeWeekLive event prior to March 31, 2010

You don’t want to miss this FREE resource. Set your alarms, your watches, your smartphones and your Outlook calendars. See you in cyberspace!

Motivating an underachiever toward college

unmotivated
Image by octavio lopez galindo from Pixabay

One of my Twitter friends sent me a direct message the other day asking me how to deal with an underachiever high school student. Honestly, it’s a question I asked myself years ago when my son was an average student and not making any attempt to focus on college goals. Part of his lack of interest, was my lack of participation as a parent. He was making average grades and never had to crack open a book. I was somewhat content to let him be and concentrate on other things. Once he made the decision to join the Marine Corps I realized he felt he had no options left but to enter the military. It taught me a valuable lesson: parents play a pivotal role in motivating our teens toward college. I did not make the same mistake with my daughter.

Here’s what I did differently the second time around:

  • I researched all financial options, including scholarship opportunities. My son always knew that paying for college would be difficult and I never let him know that we had committed to help him and would pursue all options available.
  • I helped my daughter stay organized and on top of the college process. We began early looking at colleges and applying for scholarships.
  • I had numerous discussions with her about the importance of a college education and the importance of attending a college that fit her aspirations and goals.
  • I let her be a part of the process but I didn’t leave her alone to figure it all out by herself.
  • When her grades started to drop, I had conversations with her teachers and got her set up for extra tutoring.
  • I taught her about consequences and she understood that ignoring her grades in high school would influence her acceptance into college.

Here are some other helpful tips that I have learned as a Parent College Coach:

  • The best motivator is other teens. If your teen is hanging out with other teens who are motivated and achieving, they are more likely to do the same.
  • Hook your teen up with a local college mentor.
  • Get some advice on teen motivation from parenting experts.
  • Encourage your teen to connect on Instagram and TikTok with students from a college and chat with them.
  • Get inside your teen’s head and find out why they aren’t motivated. Are they afraid of college? Do they feel they won’t get accepted if they apply? Do they have a dream that is so big they need your encouragement?
  • Listen. Quizzing never helps. Just sit in their room and listen to them talk. Listen to them talk on the way to school, at dinner, during television shows, and when their friends are hanging out at your house.

My daughter always wanted to go to college. But as I think back, so did my son. As a child he dreamed of attending Harvard. He definitely had the brains and the ability to be accepted at that college, but I never encouraged him to follow that dream. I honestly didn’t think as a middle class family, we could afford to pay for it. I have since learned otherwise and that’s why I want to pass this information on to other parents who are struggling with motivating their sons and daughters to succeed in high school so they can succeed in college. The best teacher is ALWAYS experience!

Is the Ivy League price really worth it?

When my son was a young boy, he talked often about going to Harvard. Where he got that notion in his head, I will never know. It was so ingrained, that he wanted a Harvard sweatshirt. Funny thing…my daughter still has that sweatshirt today and has grown quite fond of it.

Did my son attend Harvard? No. He opted to join the Marines and attend college later on the GI Bill. Perhaps a wiser and more logical choice in the grand scheme of things. But…I’ve often wondered whether or not the cost of those Ivy League colleges is worth the education you receive.

A recent article from Unigo/WSJ on Campus explored that question in depth. It explored the current economic climate, the state of colleges and universities, and the overall thought process in making those college decisions. The article begins by stating:

Old dreams of adult children earning degrees from elite, door-opening colleges or “legacy” schools attended by relatives are falling away in some families, in favor of a new pragmatism. Other parents and students are doing a tougher cost-benefit analysis of the true value of a pricey undergraduate degree. As parents wrestle privately with such emotional issues, many say they wish they’d begun years earlier to assess their values and priorities, long before their children’s college-decision deadline was upon them.

That’s ALWAYS been my philosophy: START EARLY. Do your research and learn about the college’s financial aid footprint.  Do a benefit-cost analysis and weigh ALL of your options before you make that final decision.

The overall tone of the article is that parents and college-bound teens are opting for the more logical college choices that keep them close to home and ensure they graduate without debt.

But, I would have to add an additional comment: find that “perfect fit” college. It’s not about the rank, or the prestige, or even completely about the cost. It’s about finding a place where your teen feels at home and is valued. And discounting Harvard, or any Ivy League college because of the pricetag might not be the BEST advice. An admissions consultant offers this advice:

Depending on the financial aid package offered, the out-of-pocket cost of attending a private college can often be lower than that of a public university. In a simplistic example, a $25,000 bill at a state college would be reduced to $20,000 with $5,000 of financial aid, but a private liberal arts college with a sticker price of $50,000 would cost $15,000 if the financial aid package totaled $35,000, making it cheaper than the state college. Of course, financial aid is more complicated than this, but private colleges with strong endowments often offer generous merit and need-based scholarships. In the end, award offers must be weighed against each other carefully, taking into account whether the award is made up of loans (which must be paid back) or grants/scholarships (which do not get paid back). The bottom line? Research the possibility of financial aid before eliminating a college from your list just because it sounds too expensive.

In honor of Halloween: Weird and Wacky Scholarships

Although these scholarships have been deemed “weird and wacky”, any scholarship that garners you FREE money for college is anything but that. Did you know that you can type in “wacky scholarships” in Google and come up with some of these scholarship gems? Here are just a few of them.

Is your teen a leftie?

Juniata College located in Huntingdon, Pennsylvania offers two 1,000 scholarhips to left handed students each year. One of the qualifications is – yes – left handedness.

Does your teen know how to knit?

The National Make It Yourself with Wool (NMIYWW) organization awards 2 scholarships for knitting wool garments. Make a killer wool garment and submit it to this organization and they will judge it based garment style and design, contestant’s presentation, and creativity. Winners receive either a $2,000 or a $1,000 scholarship.

Is your teen a Trekkie?

The Kor Memorial Scholarship is awarded by the Klingon Language Institute to recognize and encourage scholarship in the field of language study. You don’t have to be fluent in Klingon, but creativity is preferred.

And…

Starfleet Academy Scholarship. If you are a member of the “Starfleet Academy,” an organization modeled after the fictitious Star Trek academy you may qualify for awards such as the Gene Roddenberry Memorial Scholarship for Aspiring Writers or the DeForest Kelley/Dr. Leonard McCoy Medical Scholarship.

Is your teen enjoying “the air up there”?

The Kae Sumner Einfeldt Scholarship, sponsored by Tall Clubs International offers tall students a $1000.00 scholarship. To qualify, girls must be at least 5-foot-10, and guys must measure at least 6-foot-2.

Is your teen fascinated with ghosts?

The New York-based Parapsychology Foundation offers young ghost hunters and those with interest in the paranormal several scholarships.

Does your teen have expertise in duck calling?

The Chick and Sophie Major Memorial Duck Calling Contest awards a $1,500 scholarship to the winner of their duck calling contest. First runner-up gets $500, second runner-up gets $300, and third runner-up gets $200.

If these have peeked your interest, here’s a few other links offering many other possibilities. With the scholarship names, you can go to a scholarship search site like FastWeb and find out all the details.

http://scholarship.lifetips.com/cat/61637/wacky-scholarships/index.html

http://www.wacky-scholarships.com/

Happy Halloween!

Following the Yellow Brick Road

yellowbrickroadI spent some time today surfing. Not at the beach (I never learned to surf after living on the Gulf for over 30 years). I was surfing around doing some “follow the yellow brick road” path. I like to call it that because one link, leads to another, leads to another and you find an Emerald City at the end! That’s the great thing about following links: you never know where they will take you and what adventures you will have along the way.
These are the jewels I found today. I couldn’t help but pass them along to all my parent readers (and fans!):

http://www.knowhow2go.org/
This is an amazing website for college planning. It’s interactive and tons of fun. It’s not your typical boring college information site. It’s a fun place to start the search for middle schoolers with schedules and tips all the way through high school. Whaz up dudes and dudettes…check this one out! (I know I’m not hip but I try)

http://www.youniversitytv.com
Wow. This is NOT your avearage college tour site. This one has moxy and some genuine off the wall creativity. There are video tours that ROCK, a message board, cool 3D maps, games, career videos and ways to connect with other college students. Check this one out and get in the “mood for college”!
http://www.savingforcollege.com/
I had to plop one in just for the parents. This is the BEST, I said BEST, site for everything you want to know about financing that college education but were afraid to ask. Remember guys: DENIAL is NOT a river in Egypt. Knowledge is power. The more you know the more prepared you will be. So take a deep breath and jump in!
http://www.theclic.net/
As my daughter would say…”cool beans”. This is a site where you can find and be found by colleges, scholarships and other college programs. A GREAT networking site and a place to connect and set up an online presence.

http://globalquad.com/
This site is Twitterific! Yes, I did say that. Keep up with college life on Twitter: students, colleges, faculty, clubs, and more. Stay on top of the latest college and student news via all the great Twitter links. And, there’s an option to “follow all” if you are so possessed. Whew…I’ll just follow…EVERYONE!

Frame My Future Scholarship Contest - Click here to go to framemyfuture.com and find out about $6,000 in scholarship awards!

No “yellow brick road” search would be complete without unearthing a scholarship. And this one is a great one. Here is how you enter to win…Submit a creation that shares with us what you want to achieve in your personal and professional life after college. Your entry can be a photograph, collage, poem, drawing, painting, graphic design piece, short typed explanation, or anything YOU can create in an image! Your entry should communicate: This is how I “Frame My Future.”

That ends my search for today. I think I can safely say I found the “Emerald City” because every one of those links can take your teen closer to their dream of a college education.

But right now, I’m OFF TO SEE THE WIZARD!

Parents Countdown to College Toolkit

toolkit-box1It’s official! I’m taking early bird orders for my Parents Countdown to College Toolkit. Save 30% off the final price if you order now. The toolkit will be available September 1st.

Click HERE to find out what is included and HERE to go directly to the order page.

What Can You Do? Scholarship Video Contest

filmakingIs your college-bound teen a budding videographer or filmaker? The Campaign for Disability Employment is sponsoring a video contest for a $1500 Scholarship. The contest asks applicants to make a video on best practices within the workplace that allow every employee the opportunity to contribute, specifically fellow co-workers with a disability.

This is a perfect opportunity for your creative teen to use that creativity and win a scholarship. Since there’s no age limit, anyone can create a video and upload it for submission.

The deadline is July 15, 2009, so don’t procrastinate and encourage your teen to get their creative juices flowing!

Click here for rules and entry information.