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How do I afford college?

How to afford an apartment on a college students budget?

  • So I'll be a freshman in the fall of 2012. I'm choosing to stay in a dorm for the first year just because I want the freshman experience but after that I'm defiantly moving into an apartment room & board is 10k-20k just to stay in a small crammed dorm for 9 months. So I've started researching apartments since there's a lot of competition for apartments in that area between students most range between $700- 300 per room I found the perfect place its a 4br/2bth 360 per room fully furnished remodeled utilities included my only question is how does an average college student afford an apartment I know some college students now who pay around 300 for rent but I'm not sure how they are able to pay for it I did some math on average the school suggest you work 10 hrs 15 hrs max getting paid minimum wage 8.25 you'll either make 330 a month " not enough money" or make around 495 a month with maybe $100 once you pay for rent,food & other stuff College students past or present how do/did you pay for your apartment? - help from parents - work extra hours -have a side job online that you do on your own time (ex.student blogger for school) -get a million roommates

  • Answer:

    Frankly I really liked living in the dorm. It was also a great way to meet people. I went to a large state university that had specialization available for dorms. That meant that one floor was all grad students, one was a "quiet" floor, one was all science majors, etc. That meant that you could study together easier or get help with homework from an upper class student sometimes. There were also general dorm rooms available, and those tended to be freshmen and sophomores in general studies. My university was also known for having excellent dorms. If you really want an apartment, then it sounds like you have to make more income or have lower rent. I have heard of students splitting the cost of renting a house, then packing it full of roommates, but I wouldn't recommend that. It sounds like you need to save and budget too.

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Your answers are all of the above, get a student loan, or settle for a less expensive apartment. PS If you have available transportation, such as a city or school bus system, apartments a little further from school will likely be less expensive.

smallbizperson

Your answers are all of the above, get a student loan, or settle for a less expensive apartment. PS If you have available transportation, such as a city or school bus system, apartments a little further from school will likely be less expensive.

smallbizperson

Frankly I really liked living in the dorm. It was also a great way to meet people. I went to a large state university that had specialization available for dorms. That meant that one floor was all grad students, one was a "quiet" floor, one was all science majors, etc. That meant that you could study together easier or get help with homework from an upper class student sometimes. There were also general dorm rooms available, and those tended to be freshmen and sophomores in general studies. My university was also known for having excellent dorms. If you really want an apartment, then it sounds like you have to make more income or have lower rent. I have heard of students splitting the cost of renting a house, then packing it full of roommates, but I wouldn't recommend that. It sounds like you need to save and budget too.

Derek

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