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Student Budget

Use this calculator to help analyze your budget as a full-time student. This calculator is specifically designed to help students understand their expenses and income while attending a university, college or other full-time educational institution. This calculator allows you to input your expenses and income for an eight-month school year running from September through April.

While this calculator can provide you with some insight, it was developed to be very general and may not fit everyone’s personal situation. Please feel free to contact our office after using this calculator so that we can perform a more thorough analysis.


Payment Frequency
Each item in your budget can be scheduled to be paid as follows:

Payment frequency Payment Will Happen
Start of school year One payment at the start of the school year
Semester 1 & 2 Two payments. One at the beginning of semester 1, the second at the beginning of semester 2.
Semester 2 One payment at the beginning of semester 2.
Monthly of school year A payment for each month of the school year, September through April


School Expenses
Tuition, textbooks, supplies and related materials, lab fees, library fees, photocopying and other related expenses.

Food and Groceries
Meal plan, groceries, eating out, snacks and other related expenses.
Living Expenses
Residence, electric, mobile phone, Internet, rent, phone, cable, childcare and other living expenses.

Professional Fees
Doctor, dentist, eye care, hair stylist, manicure/pedicure, masseuse/chiropractor, veterinarian, other.

Entertainment and Travel
Going out, movies, movie rental, CD’s/DVD’s, concerts, travel and other related expenses.

Purchases, cleaning, repair and other related expenses.

Personal, credit cards and other related expenses.

Contributions and Gifts
Charity, church and other related expenses.

Savings and Investments
Savings towards short-term goals, savings towards long-term goals, other savings.
Membership dues, postage, health club, Christmas gifts, birthday gifts, any other expenses.

Personal Toiletries
Hair care products (shampoo, etc.), body care products (razors, etc.), facial care products (make-up, etc.), prescription drugs/vitamins and other related expenses.

Bus/Train pass, car payments, gas/oil, licensing, visits home, insurance, maintenance and other related expenses.

Contributions and Income
Scholarships, fellowships/grants, other aid (such as any loans), available savings, educational savings plans, family contributions, expected wages/tips, other income/assets.

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

Calculators are provided by an independent third party and are being made available to you as self-help tools for your independent use and are not intended to provide investment advice or be representative of actual results. We do not guarantee their applicability or accuracy in regards to your individual circumstances. The determinations made by these calculators should not be construed as guarantees or projections. Moreover, the reasonableness of certain information may change over time because of changes in tax law, investment trends and your personal circumstances. The information contained here is based on current law and has been obtained from sources believed to be reliable, but we do not guarantee its accuracy. Investment results can vary considerably depending on the type of securities involved, general market conditions and other factors. It is important that you periodically review and update your plans. Raymond James does not provide tax or legal advice. You should contact your tax or legal advisor concerning your particular situation. All investments carry a degree of risk, and past performance is not a guarantee of future results.


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