Student Budget Worksheet
Print this worksheet and fill out the expenses and income sections to see if you have a realistic budget.
Multiply the monthly amounts by the number of months you'll have the expense to get a yearly amount for each category. For example, if you pay $500 a month in rent for 8 months and move home for the other 4 months of the year, you'll pay $4,000 in rent that year.
If your expenses are greater than your income, start looking for ways to save.
| Education expenses | Amount ($) |
|---|---|
| Tuition | |
| Fees (lab, library, etc) if not included | |
| Books | |
| Computer/laptop/tablet | |
| Other course material | |
| Other |
| Housing | $ per month | $ per year |
|---|---|---|
| Rent/mortgage payments | ||
| Residence fees | ||
| Utilities (hydro, gas, electricity, etc) | ||
| Home/tenant insurance | ||
| Other | ||
| Communications | $ per month | $ per year |
| Internet | ||
| Cell phone | ||
| Cable | ||
| Other | ||
| Food | $ per month | $ per year |
| Groceries | ||
| Meal plan | ||
| Take-out/order in | ||
| Coffee/tea/snacks | ||
| Other | ||
| Transportation | $ per month | $ per year |
| Public transit | ||
| Parking | ||
| Gas | ||
| Car payments (loan/lease) | ||
| Car insurance | ||
| Car maintenance and repairs | ||
| Holiday travel (visit family, etc) | ||
| Taxi fare | ||
| Ride services | ||
| Other | ||
| Clothing | $ per month | $ per year |
| Clothes | ||
| Shoes | ||
| Accessories | ||
| Other | ||
| Miscellaneous | $ per month | $ per year |
| Recreation (sports, gym, etc) | ||
| Entertainment (movies, outings, bars, etc) | ||
| Personal care (haircuts, beauty products) | ||
| Laundry | ||
| Vacation | ||
| Gifts | ||
| House supplies | ||
| Socializing expenses | ||
| Other | ||
| Medical | $ per month | $ per year |
| Medical insurance (if not included in tuition) | ||
| Dental insurance (if not included in tuition) | ||
| Medical/dental procedures | ||
| Specialists (chiropractor, physio, etc) | ||
| Eye care | ||
| Prescriptions | ||
| Other | ||
| Savings | $ per month | $ per year |
| Emergency fund | ||
| Other savings | ||
| Debt repayment | $ per month | $ per year |
| Credit card | ||
| Line of credit | ||
| Personal loan | ||
| Other | ||
| Children | $ per month | $ per year |
| Daycare | ||
| Babysitting | ||
| Clothes | ||
| Baby supplies | ||
| Other | ||
| Total yearly expenses | ||
| Sources | Amount ($) |
|---|---|
| Registered Education Savings Plan | |
| Part-time work | |
| Tips | |
| Scholarships, grants and bursaries | |
| Other personal savings | |
| Family contributions | |
| Student loans | |
| Gifts | |
| Other | |
| Total yearly income |
| Balance | Amount ($) |
|---|---|
| Total yearly expenses | |
| Total yearly income | |
| Difference: |
Report a problem or mistake on this page
- Date modified: