It’s that time of year again. You know, the one where you’re about to sign up for classes (or maybe you already have). If you’re like many students, your mind is probably also thinking about how to pay for all of this. Fortunately, it doesn’t have to be a stressful time if you’ve planned ahead and are doing your research! That’s why we put together five money-saving hacks for college students looking to get the most bang from their buck. Check them out below—and don’t forget to share with fellow students too!
Rent or Share Textbooks with Friends
Textbooks can often make up a pretty significant portion of your college expenses. Not only are they pricey, but the average student also goes through about four textbooks per semester . Rather than buying each book as you need it or shelling out hundreds for a year’s worth of books, take a look at renting them from Amazon, Chegg or another company that offers this service. Short-term rentals can be significantly cheaper and still give you access to the same material. Another option is to share with friends who have taken similar classes in the past—chances are someone has already purchased that required text and is willing to share!
Earn Money Back When Shopping Online
This hack is simple: join all those cashback sites like Ebates , UPromise , and Extrabux . Once you create an account, they’ll track your purchase history through your email or credit card. You can earn money back on almost anything, from buying clothes to groceries to technology—and by shopping online with one of these sites activated, you will get a percentage of cash returned directly to your account.
Take Advantage of Retail Discounts
If you’re still in high school or college, odds are good that you have some sort of student discount offered through stores like Best Buy, Barnes & Noble, T-Mobile, Dell Computers—and the list goes on! It’s worth it to check the website for any store you shop at frequently—you never know what kind of deals are out there until you
Sign Up for Student Discounts
If you’re a student who is looking forward to getting their hands on the brand new iPhone 6, we have great news for you! Apple’s launched a dedicated web portal for students in Australia and New Zealand offering them discounted prices and an exclusive deal.
There are quite a few requirements that need to be met in order to get your hands on one of these devices at such an accessible price point though. An eligible customer needs to be either studying at an accredited university or college located in Australia or New Zealand, must provide proof of current enrollment, as well as having .edu email address listed on school’s website.
Apple is also reserving the right to request additional information from customers during sign up process which might lead them to being rejected from purchasing one of these devices. In addition to that, students need to purchase their new Apple gear either in an Apple authorized reseller or at full price through the official Apple Online Store.
As a result, customers have to choose between two plans when signing up for the student discount program: a monthly plan and a prepaid option offering iPhone 6 in black & white starting at $49 per month over 24 months with no upfront cost. The prepaid plan works out much more appealing to potential customers offering 16 GB iPhone 6 for $1249 or 64 GB model for $1399 that can be purchased right after signing up without having to wait until next billing period. In comparison, iPhone 6 can be bought under the contract right now from retail
Research Private Loans
What are private loans? They’re student loans usually offered by a lender other than the federal government, such as a bank or company. Before you borrow money from an alternative source, however, there is one thing you should always do. You must compare the interest rates of private and federal loans carefully to see if it is worth borrowing with them instead of just using federal loans. This article will help you understand how private student loans work to save you money in the long run.
Borrowing From Private Lenders
You can borrow from private lenders even if your financial aid package only includes federal student loan options. However, that doesn’t mean that your college or university’s financial aid office will recommend this option because many schools receive a commission for every federal student loan you take out. Why would they recommend something that’s not in their best interest?
Private Loans for Student Borrowers
If your federal loan options aren’t enough to cover all of your college expenses, there are private lenders willing to make up the difference. They provide different types of loans like cosigner loans, parent loans, and creditworthy student loans. These lenders also give you more repayment options compared to the standard 10-year plan offered by federal student loans. You may be able to choose a shorter repayment term or select between fixed and variable interest rates according to the lender’s terms and conditions. However, these usually have higher interest rates than federal student loans so you should always compare both before choosing.
Pay Debt While You’re in School
If you hope to reduce debt quickly, you don’t have to wait until you’ve graduated to lower student debt. When you’re in school, your principal balance (the original amount you borrowed) does not collect interest. So, you have the ability to pay down a lot of what you’ll owe before more money is added on top of it. If you work or get any money from family, especially large amounts as gifts, consider putting some of it toward your debt. You’ll be grateful when you have less to pay after you graduate and the bills come in.
Do Side Jobs Online
Are you in school, between jobs or simply looking to make a little extra money? The Internet is full of work from home opportunities. Here are some ways to make money online:
Companies conduct surveys in order to get feedback on their products and services. They want the opinions of people who match their target demographic, which is typically people who fit a certain profile in terms of location, income, age and gender. Some companies will pay directly for survey results; others may offer sweepstakes entries instead. Either way, it takes time and patience to qualify for these positions and build up your reputation with any one company—and that’s where most people get burned out. Instead, consider joining one the many online survey panel sites ; you now if you’re willing to sort through the junk listings.
Paid Online Writing English is your first or you are an aspiring journalist
If’ll get paid for each survey and be able to do them at your leisure. Two of the most popular sites, Swagbucks and MySurvey, both pay up to $50 per month for participation in their panels.
Even many non-profits offer volunteer opportunities on their websites—which is a great way to work toward your goals while keeping your bank account happy at the same time. LinkedIn Jobs recently launched an entire platform called LinkedIn ProFinder that allows companies to post jobs specifically targeted toward freelancers. Craigslist also has plenty of writing, data entry and customer service positions open right now.
If you’re looking to work in the legal field, there are plenty of opportunities for law students and lawyers alike. LegalMatch allows you to set up an account so that people who need help with specific cases can find your profile and get in touch with you. Lawyers.com is another site where attorneys can list their services. You’ll need some experience to snag one of these jobs, but once you do, signing on will be an easy way to bring in some extra cash while building up your resume at the same time.
Many industries still rely on market research companies like Gallup or Nielsen to get information about new products before launching them into the marketplace (where they might flop). These paid surveys typically only require that you take a very short survey and may even pay money to those who qualify.
Data entry has been around for years (it used to be the backbone of big data). There are plenty of opportunities out there at reputable companies like Scantron, which hires both experienced and inexperienced people alike.
Online Tutoring What better way is there to really help others solidify concepts than by helping them work through their problems? Companies like Chegg and Sylvan Learning let students and pros alike give online tutoring sessions on their own time. Parents and students typically find you through your profile or website built for this purpose, so it’s important that your profile look professional.
Etsy Store If you’re into creating handmade goods or vintage clothing, Etsy is a great way to sell your items online. You can open your shop for as little as $0 and it won’t cost you anything to store your wares there. Of course, there are certain fees associated with the site depending on whether you’re offering digital downloads or shipping physical products, but those rates are quite low compared to what you’d pay a traditional merchant account.