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Student Budget Calculator

Knowing how much money you will need for college and learning how to manage your money is key to your success as a college student. To help you plan, use this budget calculator to estimate your expenses and income. Simply fill in the form below and click the "Calculate Budget " button when you are done. Don't forget to enter our Budget Boost Contest. Simply by using the budget calculator and entering the contest, you could win $500 to help finance your studies!

Note that costs provided are estimates only, to use as a starting point to budget for your studies.
Semesters
How many semesters will you be enrolled in for this academic year?  

Sources of Income (per academic year)

  Pre-Study Employment Savings:   $
  Employment Income While in School:
($/month x number of months in school)		   $
  Bank or Government Loan:   $
  Parental/Family Contribution:   $
  Scholarships/Grants/Bursaries:   $
 
  Total Income (per academic year):
Click in box to calculate 		  $

Education Expenses (per academic year)

  Tuition and Ancillary Fees:
(Total for academic year)		   $
  Textbooks and School Supplies (cost/year):   $
 
  Total Education Expenses
(per academic year):
Click in box to calculate 		  $

Monthly Living Expenses

  Rent ($/month):   $
  Groceries/Food ($/month):   $
  Transportation - Local Bus ($/month):   $
  Transportation by Car ((vehicle cost, insurance and gas $/month):   $
  Trips Back Home ($/month):   $
  Entertainment ($/month):   $
  Personal and Miscellaneous Expenses ($/month):   $
 
  Total Monthly Expenses:
Click in box to calculate 		  $

Budget Results
Click the "Calculate Budget" button to see your budget results. If you wish to make changes, enter them in the boxes above and click the button again to update your budget results.

 

      Per Academic Year Per Semester Per Month
  Total Income:   $ $ $
  Total Expenses:   $ $ $
 
  Surplus or Deficit (-):   $ $ $