Student Budget Calculator

College is as much about working toward a degree as it is learning how to become an independent adult—and a big part of that is learning the importance of money management. Our Student Budget Calculator helps students take the first step toward financial independence by budgeting living expenses for one year of college. By adding up educational, communication, personal, transportation, and other costs, students can get a clearer picture of how much they’ll need for college living expenses.

Typical College Living Expenses

Many students might wonder what kind of living expenses they should prepare for. Here are some basic expenses a college student should expect:

  • Books
  • Lab fees
  • Internet & cable
  • Cell phone
  • Laundry
  • Groceries
  • Entertainment
  • Clothing
  • Personal items
  • Gasoline
  • Auto payments and insurance

Next Steps

Fifth Third can help you get your financial life started with our Student Checking Account. Questions? Schedule an appointmentor visit a Fifth Third Branch.

Additional Resources

Off-Campus Living Calculator

Off Campus Living Calculator: Should I live on campus, off campus or at home?

Should I Refinance My Student Loans?

Should I refinance my student loans? Refinancing and consolidating student loans can help lower monthly payments and help you save money. Learn more here.

5 Ways to Manage (and Lower) Student Loan Debt

Managing student loans is tough. From making payments to staying on top of owed amounts, here are 5 tips on how to manage (and lower) student loan debt.