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| Cost Saving Tips for College |
 Leave the Car at Home
This is really a luxury. Besides, you may not even need a car on many college campuses. The opportunities are good, everything you need will be within walking distance and your friends will have cars for those occasionally long road trips you'll certainly want to take. You may let them worry about insurance, parking, theft and all those other auto-related worries while you focus on your studies and your finances.
Pay off Your Credit Card Debts
Consumer debt such as credit card balances are not used in calculating your financial need. It is also a convenient way to lower your assets by paying down those Mastercard and Visa bills, besides being sound financial advice given by many experts.
Pay Down Your Mortgage
Are you fortunate enough to not have credit card debt? However, there still may be something you can do. Not everyone think over home equity when assessing financial need. As a consequence of it, paying down your mortgage may be a good strategy.
Don't Say We Didn't Warn You...
 A lot of so called "experts" will advise you that you can save money by taking classes at a less expensive school such as a 2 year junior or community college and then transfer these credits to the 4 year school of your choice. Remember a few dangers to this approach that are rarely noted:
1. It is unlikely all the credits will transfer.
2. It may be more difficult to gain admission as a transfer. They are likely seeking fewer transfer students than incoming freshmen, depending on the school's attrition rate.
3. Some schools restrict the financial aid available to transfer students.
4. Any course of action that extends the time you are a student also extends the time until you are able to work full-time and begin repaying those interest-accruing loans.
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