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Managing Costs During School |
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Increase Resources & Cut Expenses |
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Increase Your Resources
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- Work part-time while in school (within limits established by your program of study).
- Work during all vacation periods and save as much as you can to pay for your in-school expenses.
- Try to obtain Federal Work Study. Check with your financial aid administrator.
- Ask your family for assistance.
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Cut Your Expenses
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- Find a roommate to share housing and other living expenses. A single apartment can substantially increase your debt burden.
- Consider reducing entertainment expenses, such as dining out.
- Look into economical entertainment options within your school's community. Call the local recreation department or talk to fellow students.
- Consider public transportation. In the long run, it may be cheaper to rent a car for occasional excursions than it is to pay for insurance, parking, and fuel.
- Know where to find the local discount stores. Use coupons. Look for sales.
- Refrain from taking on further debt such as credit cards or consumer loans.
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Refrain from taking on further debt such as credit cards or consumer loans. |
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