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College and University Discussion
Reply to "What is a reasonable allowance for a student at a rural college"
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[quote=Anonymous]Three in college. All in different states. I give them about $200 a month in spending money. They all live on campus and have meal plans. I learned with my oldest (now a college senior) that you have to be careful when giving them money. He used to call me every few weeks with stories of how he had no food. I felt sorry for him and immediately sent more money. It became obvious that I was funding beer for his fraternity. I purchased the meal plan and started adding money to his meal card so at least I knew he could eat. Here's what has worked really well - and we have a college senior, a college sophomore, and a college freshman. Plus two in high school. I got the kids Student Reloadable Visas from Justice Federal Credit Union. I can load easily with just a mouse click. They are linked to my JFCU Account. The great thing is that because they linked to my account and I manage them, I can see the transaction history. I knew exactly what they are spending money on. I load about $100 on the card on the 1st of each month and another $100 on the 15th. They are all three on full academic scholarships. Their tuition, books, and housing are full paid by the scholarships. We purchased the meal plans that cover two meals a day for five days a week. They eat breakfast in their dorms. They can either cook in their dorms, come home, or use their money to eat out on the weekends. I don't mind paying for food, clothes, supplies, medical stuff..... But I am NOT paying for beer.[/quote]
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