Sunday, July 19, 2009

Going To College And Need To Rent An Apartment?

By Crystal Jennings

The most common issue when we talk about going to college is money. College is very costly and some parents will stop their kids from going to college because of it. And aside from tuition fees, there is also the need to rent a space near the school.

One of the most challenging parts when going off to college is being far from home. So, college students do not have a choice but to rent an apartment or stay in a dormitory. And this will add more to the expenses but do not worry because there are several ways to resolve this problem.

The first thing to do is to inquire at the school's financial aid department. Most universities today are already partnering with several apartment owners and some have their own dormitories. This partnership and dormitories always gives discounts to students.

If you want to reduce the amount of rent then having a roommate is the best way to do it. Most college students do this because they save a lot from it. In addition, there are also utility bills to pay for so having a roommate will lessen your expenses.

Another way to solve financial problems is to apply for a student loan. When you rent an apartment, the owner will ask for a deposit and you can give it through a student loan. But before you apply for student loan, be sure to compute all the expenses for the whole semester.

If your loan was approved, you can now go and check the apartment you want to rent. Make sure that any damages are taken care of by the owner or you can come to an agreement. Discuss the lease with the owner so you both have an understanding.

It will be better to live in the school's dorm but if you are a late enrollee you have a slim chance of getting a dorm room. So renting an apartment will be your best bet and with the simple tips provided you will not have hard time looking for one.

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