After passing out of school, all students look for the right course for their higher studies. At this stage it is not only important to choose the right subject, but also manage your budget cleverly and efficiently while spending on admission forms. Admission forms these days come with college brochures and are priced at exorbitant rates. However, if your allowance is frugal and you wish to utilize it in the best possible way to procure admission forms, here are a few tips that can help you use your money economically:
- Analyse your finances Check your finances and use an excel sheet to prepare a budget. Fill in a column on how much your balance is and how much you would need for buying admission forms, conveyance and other expenses. Break down the amount in different columns. Keep in mind that you need to keep some money for emergency uses. So do not use up all your money.
- Shortlist the colleges you want to apply in. Do a little research on the colleges that you want to apply to. You can find out more about these colleges by visiting their websites, doing a recce of the campuses, speaking to alumni from these colleges, speaking to your friends and family. Weigh the pros and cons carefully and then shortlist the colleges you want to seek admission in. Check the course formats, fee structure and placement history before short listing the college and applying for admission.
- Download forms and apply online Instead of buying forms from colleges, you can download them from their websites. This way you’ll save a lot of money. These days, you can also apply online by transferring the amount through Net Banking. This way you do not have to waste your money on conveyance and run from pillar to post for filling and submitting application forms.
- Check results online Similar to filling up forms, you can also check the results and admission announcements online from your home. This again saves you money and time and enables you to know admission results from the comfort of your home.
- Do not get swayed by peer pressure. It is a good thing to consult your friends about colleges and admission dates. But do not get swayed under peer pressure. It is important to remember that it is up to you to choose the right course and career for yourself. Before choosing a college, weigh your priorities well and then opt a course that will give you the right break at a good career.
By using your money wisely, you can apply to the desired number of colleges without having to seek extra money from your parents.
