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College and University Discussion
Reply to "How much does your child spend at college? "
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[quote=Anonymous]Depends on the location of the school, the year of the student, whether they are on the meal plan or living in an apartment. [b]Freshman year[/b] - meal plan kid spent almost nothing. Tuition room and books etc were paid out of 529. We deposited $100 per month. [b]Sophomore year[/b] apartment, meal plan and a ton of friends. Costs/expenses went up significantly. He used his summer earned money so I don't know what it ended up being per month. [b]Junior year[/b] - house, no meal plan. He was very frugal and budgeted but the costs were more than his summer earnings. Second semester we added funds to his account after he gave us an idea of costs - he provided us a monthly accounting of what he planned to spend. [b]Senior year[/b] - his summer internship was paid - he was in a house but went back on a partial meal plan to help budget his food costs (we paid the meal plan with the 529). He got through the semester with just a little from us as needed. [/quote]
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