Student Budget Calculator

Helps students understand expenses and manage money while attending school.

  • Methods explained
  • Save scenarios
  • Compare saved scenarios

Income

$
$

School Expenses (Per Semester)

$
$

Living Expenses (Monthly)

$
$
$
$
$
$
$

Student Budget Summary

$2,466.67
Monthly Income
$4,327.78
Monthly Expenses
$-1,861.11
Monthly Balance
Semester Balance-$8,375
Academic Year Balance-$16,750

Expense Breakdown

Tuition
$2,666.67
61.6%
Housing
$900
20.8%
Meal Plan
$250
5.8%
Books
$111.11
2.6%
Transportation
$100
2.3%
Phone
$50
1.2%
Entertainment
$100
2.3%
Personal Care
$50
1.2%
Other
$100
2.3%

Student Money Tips

  • Your expenses exceed income - look for ways to reduce spending or increase income
  • Look for used textbooks or rentals to save on books
  • Take advantage of student discounts whenever possible
How it works›

Model and assumptions. Combines entered student income and aid with education and living costs using the page’s academic-period assumptions. Aid is spread across nine months and tuition/books use the modeled semester conversion. School billing, disbursement timing and the actual award may differ.CFPB: money and debt worksheets