When students head off to college or university, they have to pay for more than tuition. They also have to buy school supplies, and may have to cover other day-to-day living expenses (such as rent, and those tied to food and entertainment).

Read: Student debt troubles persist

So if a client’s child is heading off to post-secondary, make sure to share’s top tips on how students can save. These include:

  • Ask your school’s support professionals for help with financial literacy and aid; and
  • Consider buying e-versions of textbooks when you need to get the latest versions.

Click here to check out the rest of the tips.

Also read:

Cost of post-secondary degree to hit $150K by 2031: TD

Student debt rises, banks profit

RESP incentive underutilized: CPA

Income sources for students

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