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Calculator

This calculator will help you figure out your budget for a school year. Simply enter realistic values on this page, and we'll do the calculations!

Part 1: Money In
Enter the total amount you have or are expecting to have for the full school year.
Summer Job Income $
Part-time Job Income $
Government Student Loan $
Scholarships/Grants $
Parental Support $
Savings $
Anything Else? $
Total Money $

Part 2: Fixed Expenses
Enter the fixed expenses for your school year.
Tuition $
Books $
Residence $
Meal Plan $
Total Fixed Expenses $

Part 3: Monthly Expenses
Fill in the amount you expect to spend on each item per month during the school year. (Omit rent and food if you already entered amounts for residence and meal plan.)
Rent $
Food $
Utilities $
Phone $
Credit Card Payment $
Other $
TV/Cable $
Transportation $
Entertainment $
Loan Payment $
Spending Money $
Total Monthly Expenses $

Results
How many months will you be attending school?
Total Expenses $
Total Shortfall/(Surplus) $
You have $ left over each month for incidental expenses, savings, or for fun!
 
If you aren't comfortable with this budget you might want to review it and see if there is any room for adjustment. You may then print this page for your records. If your expenses are still greater than the money coming in, you may consider applying for a Student Line of Credit from BMO Bank of Montreal.