As you prepare your finances so that you can afford to send your child off to college, it is imperative that you consider the major hidden costs nobody tells you to plan for. The college experience does not only include education. Compiled is a list of 4 hidden college expenses you must take into account:
- Books and media can cost hundreds of dollars each semester. Opt for used textbooks to save money and use alternative textbook sources other than the university bookstore.
- Parking fees vary depending on the university your child will be attending. Some universities include parking fees with tuition, whereas others will charge you hundreds of dollars each month for preferred parking.
- Of course, having fun costs money! If your new college student is going to survive in college, they will have to socialize, which tends to cost money. Sporting events to show their school spirit will also be costly if they do not purchase a discounted package.
- Chances are your new college student will not be preparing home cooked meals in the dorm every day. Therefore, you can expect them to be paying a lot for food and beverages on a daily basis.
Contact Phocus Companies for all of your Phoenix, Arizona insurance needs. We can help you receive the peace of mind knowing your new college student is receiving full protection in all aspects of their life.
