1 minute read
Budget Planning
Next Article
The following form has been developed to help students work out a semester/ monthly budget that they can realistically follow. It will help you plan and track expenses each semester. Complete the worksheet as thoroughly as possible.
INCOME (List all income available to you from all sources)
One-time Monthly
Scholarships
$ Grants $ Monetary Gifts Received $ Personal Savings $ Loans $ Other $ Subtotal One-time $ Salary/Work Wages $ Allotment (from family) $ Stipend $ Other $ Subtotal Monthly $
TOTAL INCOME $
EXPENDITURES (List all expenses you expect to have each semester or month)
One-time Per Semester Monthly
Tuition Fees Books/Supplies Meal Plan Parking Permit
$ Phone Set-up $ Cable/Internet Installation $ Renters Insurance $ Health Insurance $ Car Insurance $ Furniture/Furniture rental $ Transportation (Travel) $ Hotel $ Other $ Subtotal One-time $ Rent Electric Gas Phone Cable/Internet Furniture Rental Car Payment
$ Fuel $ Vehicle Maintenance $ Food/Groceries $ Toiletries $ Laundry/Dry Cleaning $ Cleaning Supplies $ School Clothes $ Work Clothes $ Eating Out $ Entertainment $ Movies $
EXPENDITURES (List all expenses you expect to have each semester or month)
Monthly Continued
Credit Card Payments $ Loan Payment $ Membership Dues $ Subscriptions $ Gifts (Holidays) $ Gifts (Birthdays) $ Other $ Subtotal Monthly $
Compare your total expenses with your total income. Your income should be greater than your expenses. If that is not the case, try to reduce your expenses and/or increase your income.
TOTAL EXPENDITURES $
TOTAL INCOME $
TOTAL EXPENDITURES $
STUDENTS: SAVE UP TO 10% OFF THE MONTHLY RENT!
