As a graduate student, you can offset your education and living expenses by taking on an assistantship. Assistantships are paid positions offered by some universities. In return for working a specific number of hours a week, you'll usually get a tuition waiver and a monthly living expense stipend.
Do student loans count as income for housing?
In a nutshell, the answer is no, student loans are debt, and do not count as income.
Is it normal for graduate students to live on campus?
Living on campus is usually the first option a graduate student new to town should investigate. However, most graduate students do not end up living on campus. The majority of grad students end up living off-campus, much more than their undergraduate counterparts. But is it the best option when you are new to town?
How can I save for an apartment?
- Start a separate savings account. Set yourself up for success by making sure you can clearly see how you're pacing toward your savings goal.
- Be realistic with your budget.
- Cut unnecessary costs.
- Sell things you don't need.
- Consider public transportation.
Is grad school worth it financially?
How much do most college students pay for rent?
Overall, the average monthly rent per bedroom in college towns nationwide is $735, the report found. The average renter would need to earn around $30,000 annually to afford rent at this price point, according to the report. Average costs trend downward the more roommates a student has, the report noted.