When Should You Start Saving For College?

Saving for college is something that needs to begin as early as possible. The sooner you start, the more easily you will find it to accrue the money you need to attend the school of your choice.

The following tips can help you save money and reduce the cost of attendance for college. The combination of these two approaches ensures you have the optimal chance.

How You Can Make College More Affordable   

The cost of college tuition has significantly increased since your parents went to school but tuition and books are only a fraction of the expenses that you will be responsible for.

Making college more affordable should be approached from two directions simultaneously. Before you begin your college journey you should look into the finance options such as scholarships, grants and other ways to make college more affordable and you should also work on properly managing your money on overall expenses.

 Apply For Financial Aid

Too many students forget to fill out the free application for Federal student aid. Federal Student Aid, an office of the U.S. Department of Education, is the largest provider of student financial aid in the United States. Federal Student Aid provides student financial assistance in the form of grants, loans, and work-study funds.This application is available for free online. Some websites will try to get you to pay to access it. These are scams. The legitimate program is provided by the federal government of the United States. You can start your FSA application right here.

This standardized application allows all US citizens to apply for widely available federal aid programs. These include scholarships and student loans. Both can help you afford college matter where you would like to go to the country.

As long as the school is accredited, they almost certainly accept the US federal aid.

Do Not Neglect Scholarships

The federal-aid application is by far the most widely accepted form of student aid. However, there are many other scholarships and grant programs available for prospective students. Today it is easier than it has ever been for students to find these and apply to them.  That is the one caveat.

You do need to apply these to receive them. You will also need to search for them to find them. We recommend going on to the Internet and using Google to conduct your searches.

Search for scholarships that target specific demographics. Remember to use a wide variety of search terms. These often have fewer applicants.

If you fit the qualifications, you will have fewer competitors.

 Look Into Work-Study Opportunities

Another option that many students are unaware of is the federal work-study program. This program allows students to gain relevant experiences while in school. They get paid for their work to top it off.


Everyone’s largest expense, for the most part, is housing. Housing can come in the form of monthly rent or the form of a mortgage. Both of these boil down to pretty much the same thing when it comes to your month-to-month finances.

Every month you will need to pay a bill to ensure that you still have a roof over your head by the end of the next month. Split housing costs by living with your parents or roommates. It is a great way to reduce your monthly expenses.

We recommend paying some rent to your parents if you continue living with them after 18. It helps you build up the habit of paying your bills on time, while still reducing your expenses. Since college is a bug change and adjustment for many people it could be beneficial to your wallet and your grades.

 Minimize Monthly Household Bills    
If you are not used to paying for the monthly bills it may come as a shock at how much some of them can cost you a month. If you have decided to continue to live with your parents during your first year it still is a good idea to understand the expenses that you will eventually have to pay.  Besides housing, the expenses that usually cost the most money are your utility providers, internet and food. While you are in school money is most likely tight so it is important to come up with ways to save on your monthly expenses. For instance you can implement energy efficient practices to save on your Georgia Natural Gas bill, compare internet providers for the most affordable price, limit streaming services, workout at home, and learning to cook instead of going out to eat can save you a ton of money.

Alternative options for various recurring monthly expenses can reduce your monthly outflows. The less money you have outgoing each month, the more money you have to put towards college savings.