By Malik Snowden

1. Explore part-time job opportunities: Depending on your financial situation, you may be eligible for a Federal Work-Study program, which can help you secure a job on campus. Look for positions that offer flexibility to accommodate your class schedule.

2. Create a budget: If you haven't already, consider establishing a budget to manage your finances effectively. You can find helpful tips on budgeting in my guide here, which offers simple strategies tailored to your needs.

3. Carry your student ID: Take advantage of discounts by keeping your student ID with you. Many stores, mass transit providers, museums, and even restaurants offer special pricing for college students. Check with your college for a list of local and national businesses that provide student discounts.

4. Reduce textbook expenses: Minimize the costs of textbooks by considering options such as renting or purchasing used books. Compare prices at the campus bookstore with those available online. Additionally, check your campus library for copies of popular class textbooks.

5. Utilize campus amenities: Maximize the benefits of your school's amenities, such as the gym and health centers, which may be available for free or at a reduced price for students.

6. Plan your meals strategically: If you live off-campus or have a lower-tier meal plan, think about meal planning to make efficient use of ingredients each week. This can help you save money on groceries.

7. Save on housing: Housing expenses, aside from tuition, are often a significant portion of a college student's budget. Research the costs of on-campus and off-campus housing options in surrounding neighborhoods to determine the most affordable and suitable choice for you.

8. Complete the FAFSA annually: If you rely on need-based financial aid, ensure you fill out the Free Application for Federal Student Aid (FAFSA) each year. Keep in mind that student assets, such as savings and income, may impact your eligibility for financial aid.

9. Consider paying student loans while in school: Although you aren't required to make loan payments while in school, interest may accrue on unsubsidized federal loans and private loans during this time. Making voluntary payments can help reduce the overall interest accrued.

10. Choose the right savings account: When saving money in college, it's important to select the right account to make your money work harder for you. Consider different account options, such as checking accounts for everyday spending, savings accounts for short-term goals or emergency funds, and 529 accounts, which offer tax advantages for education expenses depending on your state of residence.