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AIE — Adventures In Education

High School Students

Budget Worksheet — In School

Use this worksheet to help you manage your money.

This worksheet can help you estimate a budget for your college years. Simply print the form and then fill in the information to get an idea of what your education will cost.

Be sure to consider your income in relation to the amount of time the money will be used. For instance, if you're planning a budget for a four-month semester, don't use salary information for a year. 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.

If you aren't sure about some of the information, find out. Call utility companies, contact apartment complexes to find out about the rental fees, and ask your parents about utility bills and deposits. If you know someone who is in college or who has recently graduated, they will probably be a good source of information about the actual costs involved.

I. Monthly Income
Estimated monthly salary
Minus taxes (approx. 28%)
Net income
Financial aid award[s]
Other income
Total

II. Semester Expenses
Tuition and fees
Books
Deposits
Transportation/Moving
Total

III. Monthly Expenses
Rent
Combined utilities
Groceries
Auto expenses
Student loan(s)
Other loans
Credit cards
Insurance
Medical expenses
Entertainment
Miscellaneous
Total

IV. Discretionary Income
Monthly income
Expenses (Semester + Monthly)
Total

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Out of School Budget Worksheet

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