AIE — Adventures In Education

College Students

Budget Worksheet — In School

Develop a budget to help manage your money while still in college.

Having trouble making ends meet? Try this worksheet — It can help you manage the money you have to meet your educational expenses.

Simply print the form and then fill in the information to get an idea of how much money you have to spend on each item for a given period of time.

Be sure to think about how much time you want to budget for. For instance, if you're planning a budget for a four-month semester, use salary information for four months. And if you're planning for an entire year, be sure to include the award money you expect to receive for the entire year, not just for one semester.

Thinking about changing your living situation — like getting an apartment or transferring to a different school, for instance? Check around to see what fees and extra expenses you'll face.

This worksheet can help students estimate a budget for their college semesters. All calculations are rounded to the nearest dollar.

Be sure to click outside any field you change for the automatic calculations to be updated.

I. Semester Info
Number of months in semester
II. Semester Expenses
Tuition and fees
Books
Deposits
Transportation/Moving
Total  
Per month  
III. Semester Income
Family Contribution
Student Loans
Other Financial Aid (Grants/Scholarships/Gifts)
Total  
Per Month  
IV. Monthly Income
Estimated monthly salary
Minus taxes (approx. 28%)
Net income
Other income
Total  
V. Monthly Expenses
Rent
Combined utilities
Groceries
Auto expenses
Student loan payment(s)
Other loan payment(s)
Credit cards
Insurance
Medical expenses
Entertainment
Miscellaneous
Total  
VI. Discretionary Income
Total Monthly Income
Total Monthly Expenses
Monthly Total  
Semester Total  
 
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