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Financial guidance

Money Saving Tips for College Students

Although college can be expensive, there are many ways that students can save money this Fall semester. Check out the financial tips below that may help you, a family member, or friend! Show your Student ID at Stores & Restaurants

Although college can be expensive, there are many ways that students can save money this Fall semester. Check out the financial tips below that may help you, a family member, or friend!

Show your Student ID at Stores & Restaurants

Many places now offer student discounts just for presenting a valid college ID. You may receive discounts on:

  • Meals
  • Clothing
  • Entertainment
  • Electronics
  • Beauty products & services

In general, these discounts can range from 10 to 20% off depending on the company. You usually have to show a student ID when shopping in-person or use a student email address if shopping online. It’s important to always ask when you’re at the register as many businesses don’t advertise these perks heavily.

Purchase Used Textbooks

Students spend roughly $413 per academic year on college course materials. [1] It’s a great idea to purchase used textbooks instead of new, if possible, for your courses since they can be bought at a discounted price.

Search for Free Local Events

You don’t have to spend a lot of money on entertainment in college since many college towns have free local events. If you’re a student at Thiel College, you’ll want to check out the Greenville PA Chamber of Commerce for a list of free local events that may even be walking distance from your dorm!

Create a Budget & Financial Plan

Keeping track of your expenses is vital if you want to keep your costs down in college. It’s a great idea to open a personal checking account and personal savings account at a local bank near your college so that you can start taking charge of your financial future.

Students at Thiel College, Penn State Shenango Campus, or Westminster College can benefit from opening an account at their local bank of Greenville Savings since they’ll have 24/7 banking access to their account through our mobile app and mobile banking for when they are on the go. They can also access online personal banking for Hermitage, New Wilmington, or Greenville Savings Bank branches.

If you are a college student that is ready to open a personal checking account with Greenville Savings Bank, contact our team today!

References

  1. https://www.thinkimpact.com/average-college-student-spending/
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