Team B

Michelle Grimaud, Kristina Guajardo, Alyce

Hatton, Keoshea Gee, Tarvoska Harris
New students are lacking information
on budgeting their money while living
off campus.

We can help give the skills you need

to with a model budget plan to help
you achieve the success you seek.
Implementation Time Line Chart
TIME FRAME
ONE YEAR BEFORE SCHOOL BEGINS
 
NINE MONTHS BEFORE SCHOOL BEGINS
 
 
SIX MONTHS BEFORE SCHOOL BEGINS
 
SIX WEEKS BEFORE SCHOOL BEGINS
 
 
THREE MONTHS AFTER SCHOOL BEGINS
 
Task and Events for the Director, Student Services,
Director, Student Finance, Students, and Parents 
Research Housing options, School prices, Weigh out
pros and cons of living on campus or off. Start
saving money
Start applying for housing or looking for
roommates. Apply for a college credit card. Also
get financial Aid taken care of or get a payment
plan set up. Try to start a budget plan.
Have decided on what actions to take as far as
living goes.
Speak with college students about housing, school
costs, any tips or budgeting ideas they have. Set up
a student bank account.
Orientation should be give along with a tour of the
campus. Living situation should be arranged by
now. If student is living on campus the school
should give them the dorm they are staying in and
their roommate. And If stay off-campus in a college
apartment complex they should also set up a
meeting with their roommates.
Adjust to going by your budget. Continue to come
up with new ideas to save money and spend
wisely.
There are items that you will need and
items that you may want to include in
your budget. We have ranked the
importance of these.

• Total Budget is $1000

($450 of this is for your
Apartment & Utilities)

• Food/Meals $15 We need

to eat.

Ranked as 1.
 Seasonal Clothing $50
You will need to have clothes that will keep you
warm from the harsh weather.
Ranked as 2.
 Bus/Transportation $50
Since you are in walking distance of
the school this is a want.
Ranked as 3.
 Savings/Emergency $50
You don’t need to save money but its
always good to.
Ranked as 4.
 Cable/Internet $75

You can use the school’s computer.

Cable is just entertainment.
Ranked as 4.
 Personal Toiletries $25

Personal hygiene is important to your

well being and health.
Ranked as 5.
 Entertainment $50

Having money for entertainment is

good to relax and take a break.
Ranked as 6.
 Cell Phone $50
It is a need to have a cell phone so you can
contact the school in case of emergencies.
Ranked as 7.
 Coffee/Gifts $25

Coffee and gifts are not a necessity, they

are nice to have.
Ranked as 8.
 Cash $25
Having cash on hand for on the go is
nice to have but not needed.
Ranked as 9.
Interest rates on credit cards.
“Interest rates determine how much a person will
pay for a purchase using credit, and interest rates
themselves are usually determined by a person's credit rating.”
Ranked as 10.

Information was found “How to Apply Credit Card Payments to

Lower Interest Rates”
By Angela Campbell, eHow Contributor
updated: November 19, 2010
Copyright © 1999-2010 eHow, Inc.
 Credit Reports
“When evaluating credit card applications, credit
card issuers rely heavily on the information
available in credit reports to decide whether the
applicant is eligible for their credit card offers.
The three major credit bureaus, Experian,
Equifax and TransUnion, compile credit reports
based on each individual's financial records. This
information is summarized into a credit score,
which gives a snapshot of a person's previous
credit history and predicts his future credit
worthiness.”

http://www.creditcardguide.com/student_cards.
html.
Money Management with the
use of a credit card.
“Credit cards are an indisputable fact of life and
there are many good reasons to have one. They
give you protection for your purchases, allow you
to shop online, and provide a cushion in case of
emergencies. The secret is to use the credit card
as a tool to help you when you need it, but not to
excess.”

http://www.collegeboard.com/student/plan/coll
ege-success/9139.html© 2010 The College Board
 References
Angela Campbell, eHow Contributor
updated: November 19, 2010
Copyright © 1999-2010 eHow, Inc.

http://www.creditcardguide.com/student_c
ards.html.

http://www.collegeboard.com/student/plan
/college-success/9139.html© 2010 The
College Board
 By having a good budget plan in place
and knowing what your options are with
credit cards and how they can help you
will give you a head start on your future.

We appreciate your attendance and

hope this information is useful to you.
Thank you!