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Saving Money on College Supplies

Aug 15, 2017

Three Tips to Save Money on College Supplies

Congratulations! You graduated high school, and now it’s finally time for college. Before hitting the road to begin your new journey, use these three tips to save money on college supplies.

Take advantage of electronic deals

A new computer can cost hundreds or thousands of dollars, so evaluate the various deals that electronic stores offer to newly accepted college students. Apple gives away Beats wireless headphones when students buy an eligible Mac or iPad Pro for college, and college students can get Apple Music for only $4.99 per month.

Many colleges and universities partner with technology brands, so you can also look into purchasing a laptop or computer through your school to save up to 10 percent. Most schools have accessible printers throughout campus, so no need to splurge on a personal printer for your dorm room. Just make sure to plan ahead and leave time to print your paper before class.

Skip the campus bookstore

Aside from computers or laptops, textbooks tend to be a significant cost in your back-to-school budget. Purchasing brand-new textbooks from a campus bookstore can put a dent in your pocket, so check out sites like Amazon or Chegg.com for discounted prices. Chegg.com even offers an option to rent textbooks for a lower price and return them once the semester is over. Also consider looking into your school’s buyback program – many campuses will pay students in cash for new or gently used textbooks at the end of the semester. Some school bookstores rent textbooks and price match so you can still get a competitive price there. It is also a good idea to wait to buy or rent books until you get the syllabus in case the professor changes the book requirements at the last minute.

Consider your packing list

College already comes at a hefty expense, so eliminating unnecessary costs related to room and board can stretch your dollar further. Create a list of must-haves when it comes to decking out your dorm room. Bedding, towels, laundry supplies and storage bins are essential, but you probably won’t have space for that beanbag chair or futon. Keep in mind, you might not need to buy new towels, sheets or blankets. There will be plenty of other things to spend money on once you get to college.

Bed Bath & Beyond or IKEA are great stops for your back-to-school budget, but don’t go overboard on room décor. Bring photos of family and friends from home and make a fun collage! Posters are a great way to fill your space on a budget, as well.

Making your college dreams come true doesn’t need to break the bank. Take advantage of deals on technology, textbooks and dorm décor to save money on college supplies and begin your collegiate years in good financial shape.

erin_elis

Erin Ellis
Accredited Financial Counselor ®
Philadelphia Federal Credit Union
eellis@PFCU.COM
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