August 2, 2016 Flat, board, travel, books and so-called student life – a lot of expenses await the future student. At the beginning, young students can count on funding from their parents. At a later stage of their studies, they usually try to support themselves. However, there can always be some unexpected expenses, and a phone call to parents in such a situation is not necessarily a good solution. An expert from Porfel will advise you on what to do in this situation.
Free studies, are you sure?
People who get full-time studies do not have to pay for the studies themselves, but this does not mean that their education will be completely free. The first step in entering a student’s life is finding a place. Students who want to leave their hometown have several solutions: they can choose to live in a dorm, residence or student flat. The cheapest option is a dormitory – the price for a triple room is around PLN 350-400. However, not everyone has a chance for cheap housing, because the granting of a dormitory is determined by the parents’ income and distance from their place of residence. Another solution is a student residence or flat – in both cases prices vary, so you should spend a little more time looking for a good offer. The average cost for a single room is from 500 to even 1000 PLN.
New students will face a lot of changes, they will have to learn many skills, including responsible money management. The budget of the future student must take into account the costs associated with food, transport, as well as the so-called student life. Young people show a lot of creativity in preparing meals, which is why they can save a lot on food. They also support products brought from home and also use the menu in dairy bars, where meal prices are cheaper. Travel expenses can also be reduced by purchasing season tickets – their price depending on the city ranges from PLN 30-50. Daily expenses of students are not too high, however, students willingly use the cultural offer of cities, meet in clubs and premises, which consumes a significant part of their income.
How to pay for studies?
In the first year, students count primarily on parental funding. In the second year, when they get to know the city and socialize, they often take up work. The student’s source of funding may also be a social scholarship (its award depends on the parents’ income) or a scholarship. In a situation where the student is surprised by the sudden expense and a phone call to the parents is not the best solution, it is worth using payday loans. Loan companies have many offers from the age of 18, which is why a student can decide to take a loan online.
Student life is associated with considerable expenses. Parents as well as students can opt for an additional cash injection in the form of an online loan. The only condition is repayment by the deadline, but remember – you must borrow responsibly!