According to the USDA website, a typical college student will usually spend between $163 and $367 a month on food. This particular website avails different costs based on gender, as well as four distinct meal-plan estimate levels. While these options are not ultimate, they can serve as a fantastic starting point.
How much money should I give my college student?
The consensus among the hundreds of parents who did send their college students spending money was that the range should be between $25-$75 a week for a student living on campus. The most common answer was $50 a week or $200 a month. Students who had cars on campus needed more than those who didn’t.
How much should a student budget for food?
Food. Food costs will account for a significant part of your budget. We estimate that students will spend £50-£300 per month on food, depending on whether you live in catered or self-catered halls, or whether you live in private accommodation.
How do you budget for food in college?
It depends on your dietary needs and preferences, but a strong rule of thumb for a basic, thrifty-but-nutritious grocery budget is $100 a month. If you go grocery shopping every two weeks, that’s about $50 per trip. A separate grocery budget and restaurant budget can be helpful.
How much pocket money should a college student get?
Following a survey that said 75% of Indian parents approved pocket money for their kids, college students in the city reveal their monthly allowance ranges from Rs 15,000 to Rs 30,000.
How much money do parents give college students?
Allowances and Parental Supervision of Spending
Some families give their students a monthly allowance, ranging from $75–$225, to supplement the student’s own savings. After the first year, especially for students making good money through summer employment, an allowance may no longer be necessary.
How much should a college student spend a month on groceries?
An individual college-aged student will spend approximately $163-$367 monthly according to the Official USDA Food Plans. The USDA website provides different costs for men and women and also provides four levels of estimates: thrifty, low-cost, moderate-cost, and liberal.
What is a reasonable budget for a student?
Example college student budget
| Expenses for the semester | Budget for the semester | Budget per month |
|---|---|---|
| Tuition and fees | $3,800 | Spent at the beginning of the semester |
| School supplies | $500 | Spent at the beginning of the semester on supplies and books |
| Rent | $2,600 | $650 |
| Utilities | $160 | $40 |
What is a reasonable weekly food budget?
Here’s what the USDA recommends per week for a family of four, defined by the USDA as a male and female 19 – 50 years old and two children 2 – 11 years old: Thrifty: $131 – $150. Low-Cost: $167 – $197. Moderate-Cost: $206 – $246.
How much money does a student need per week?
The average student’s living costs are about £810 a month (or £187 a week), with our findings revealing that the Maintenance Loan often falls far short of covering students’ living expenses.