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Students & Newcomers template

Study Budget

A study budget helps students see semester costs and monthly living costs before money gets tight.

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What this template is for

Use it for college, university, trade school, or newcomer student planning.

How to use it

  1. Add income and cost rows.
  2. Separate one-time semester costs from monthly costs.
  3. Keep a savings buffer for surprises.

This worksheet is for planning only. Costs, student aid, taxes, and grant rules vary by school and province.

Common questions

What should students budget for?

Tuition, books, rent, groceries, transit, phone/internet, school fees, income, grants, and a small emergency buffer.

Should scholarships count as income?

For planning, you can list scholarships or grants as funding sources, while checking official tax or aid rules separately.

How often should I update a study budget?

Update it at the start of each term and whenever rent, tuition, or income changes.