If your net cost of education is zero or a negative amount, then you are all set for college expenses – in fact, you may even have a little breathing room. Don’t forget that you should continue to evaluate your budget to identify any unexpected costs. You may even want to consider reducing any student loan debt, if you can.

If there is an amount remaining in your net cost because there is a gap between your resources and your college expenses, you can always revisit your budget worksheet. Can you reduce some of your expenses by cutting back on your entertainment costs? Can you find a roommate who can share rent? Or can you identify other resources to help fill the gap? Or use some of our money saving tips to help you cut costs.

Don’t forget that your financial aid counselor can be a great source of advice at this time. He or she may offer strategies for revising your budget or give tips on how you can explore other sources of financial aid. If you have special circumstances regarding your finances or your parents’ finances, provide your financial aid officer with documentation. He or she may be able to help you. Your last alternative may be long-term, low interest educational loans.