The key to affording a college education is to begin planning early. One of your first financial planning strategies is to determine the cost of obtaining a post-secondary education.
Make a list of all college expenses.
Samples of expenses for one academic year:
Expenses | Amount | Tuition | $3,000 | Books and Supplies | $1,000 | Rent - Living Off Campus | $4,000 | Transportation | $800 | Cable | $500 | Internet | $400 | Telephone | $500 | Food & Household Supplies | $1,500 | Laundry | $200 | Pocket Money (entertainment, misc) | $700 | Total | $12,600 |
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Visit the Ontario Ministry of Education web site (www.edu.gov.on.ca) for additional information on planning and financing your education.