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Old 09-18-2012, 05:35 PM   #1
westjones
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College student spending money....

I have twins who both started college this year. Originally we told them they both have to work for their spending money.

Well one of my DD has a mild learning disability; it takes her twice as long to read as others and she is part of the college's 'Student With Disabilities" program and can take longer for her tests and get tutoring.

We are now not sure about having her work because we really want her to do well in school, and college is so much harder and they don't offer the type of support she had in high school so it has been a huge adjustment.

So if she doesn't work for her spending money, and I am sure there are others who children also don't do this (my neighbor's daughter is in a very difficult engineering program and she don't want her to work either because her courses are so demanding).....how much spending money do you give to your college students each month?

Thanks
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Old 09-18-2012, 05:40 PM   #2
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I hope this helps - we have a DD in college - and at a "question/answer" session that the parents had iwth the student leaders for the student orientation - this question came up. So - it was a question a freshman parent asked of a group of students - mostly juniors (although there were a few seniors and 1 sophomore).

The general range was $10-20 per week (actually the individual answers were mostly $10-15 and $15-20). Only 1 person said $30/week, and while you might have had to be there to appreciate his answer - he really likes food, and lots of it, and he went out for food - lots of it.

Hope that helps!
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Old 09-18-2012, 05:41 PM   #3
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Quote:
Originally Posted by westjones View Post
I have twins who both started college this year. Originally we told them they both have to work for their spending money.

Well one of my DD has a mild learning disability; it takes her twice as long to read as others and she is part of the college's 'Student With Disabilities" program and can take longer for her tests and get tutoring.

We are now not sure about having her work because we really want her to do well in school, and college is so much harder and they don't offer the type of support she had in high school so it has been a huge adjustment.

So if she doesn't work for her spending money, and I am sure there are others who children also don't do this (my neighbor's daughter is in a very difficult engineering program and she don't want her to work either because her courses are so demanding).....how much spending money do you give to your college students each month?

Thanks
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Old 09-18-2012, 05:48 PM   #4
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We don't want our daughter to work in college either, at least not while she is cheering because cheer takes up a lot of her time. She gets $100 per month as spending money from her grandmother. Anything else she needs for spending money she gets from the money she saved from her job last summer, although my husband slips her a twenty every time we go to see her cheer at a football game. We pay for everything else she needs (tuition, dorm, meal plan, etc).
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Old 09-18-2012, 05:54 PM   #5
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My grandparents gave me $50 a month while I was away at school. I was never rolling in money so I always spent it wisely. I went to a private university so many of my classmates had unlimited credit cards at their disposal. I didn't have that so I was left out of dinners off campus, shopping trips or concerts in the city. Looking back at it now, I'm glad I went through what I did. As an adult with a job and bills I now focus my money on more important things and know it's value.

I wish your daughter the best of luck this year! I went through a special needs program at my school and was so lucky to have it. It's a big change from High school but it's all worth it in the end!
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Old 09-18-2012, 05:59 PM   #6
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I might sound mean to you, but I don't give my college kids ANY spending money, and they have to work in the summer to contribute to their expenses. The oldest lives with his girlfriend, so while I will pay his tuition, I offer NO MONEY towards his rent. The second has a big scholarship and some grants, plus I work at her university and get a very big discount, so we split the bill ( she really doesn't have to pay much). I found that when I was paying for everything they did not think so much about what they were doing, the oldest didn't get great grades. When THEIR time and money were on the table, doing the best they could became much more important to them.

My kids are bright and talented and have had no problem finding summer work.

I agree that working during the school year is tricky and that each student has to weigh the course load, outside activities, etc when considering whether working during the school year is a good idea or not. Grades come first, and if they can't maintain high grades while working they should focus strictly on school. On the other hand, there is absolutely no reason why a student who is not paying for any of their school could not work during the summer and save that money for spending money.
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Old 09-18-2012, 06:10 PM   #7
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Oh I understand those who say they give no money. We said that....but are now reevaluating the situation because our daughter who was used to the wonderful resource room at her high school is struggling to adjust to college. And bottom line, we want her to graduate.

Not all children are lucky enough to be the top of their class with no problems at all, but even children with mild learning disabilities deserve their best shot at a career. And working at a fast food place for spending money is a good thing, but not if your child is struggling.

My problem also is my girls are twins, only one has the learning disability, but if I give one money I will have to give the other money too. My other daughter has a job. The one did have a job, but we could see she needed to drop it.

But $10 a week wouldn't be bad. They both live at home and eat at home, and we pay for tuition, fees and books. But I do want her to be able to go out with friends and hang out once in a while. She wants to work at a camp next summer, so hopefully she will be able to make money over the summer for next year.

Just trying to figure out this year.
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Old 09-18-2012, 06:17 PM   #8
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Quote:
Originally Posted by AuntieKels View Post

I wish your daughter the best of luck this year! I went through a special needs program at my school and was so lucky to have it. It's a big change from High school but it's all worth it in the end!
Thanks! It has been a huge adjustment. I think she will adjust, but the first year is the hardest to get used to. But she is trying....I just want to give her the best shot at succeeding, and to also let her have some fun times along the way.
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Old 09-18-2012, 06:19 PM   #9
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Oh I understand those who say they give no money. We said that....but are now reevaluating the situation because our daughter who was used to the wonderful resource room at her high school is struggling to adjust to college. And bottom line, we want her to graduate.

Not all children are lucky enough to be the top of their class with no problems at all, but even children with mild learning disabilities deserve their best shot at a career. And working at a fast food place for spending money is a good thing, but not if your child is struggling.

My problem also is my girls are twins, only one has the learning disability, but if I give one money I will have to give the other money too. My other daughter has a job. The one did have a job, but we could see she needed to drop it.

But $10 a week wouldn't be bad. They both live at home and eat at home, and we pay for tuition, fees and books. But I do want her to be able to go out with friends and hang out once in a while. She wants to work at a camp next summer, so hopefully she will be able to make money over the summer for next year.

Just trying to figure out this year.
Since she's living at home, you'll know more about what she wants to do during the week than kids who are away. I would sit down and talk with your daughters and tell them you'd like for them to have a bit of "fun" money and then talk with them about a reasonable amount.

I am pretty cheap and think college kids who would go out to dinner once a week with friends would need at least $15 for that, so I would say $15 to $20 per week with the understanding that you can revisit the situation if it seems they are taking advantage of your generosity.
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Old 09-18-2012, 06:32 PM   #10
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Our freshman daughter went across the country for college. I have access to her online banking. As she continues to demonstrate her financial integrity and sense of responsibility, we will demonstrate our appreciation by supporting those expenditures that relate to her schoolwork.

So...we have no hard rule on this so far. She has an unlimited meal plan and we send quarters for laundry. If she continues to spend reasonably, we will help her when and if she asks. We had her on a budget through high school. She now has a block of cash (from working all summer). If she can continue budgeting appropriately, we'll help her make that last until she can work full-time next summer.

Hope this isn't a "non answer". I guess my short answer is this: We're figuring it out as we go along!!!
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Old 09-18-2012, 06:38 PM   #11
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I first think it's wonderful that both of your daughters are attending college. Second, for one to hold a job while in college is great, and for the one that has a disability, the fact that she is sticking with it is awesome!

I think $10-$20/week is a great amount. It isn't so much money that they can be too irresponsible with, but it is enough for them to feel like they can go out once and a while, or save it all.
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Old 09-18-2012, 06:43 PM   #12
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My freshman/sophomore years I think my parents gave me between 10 and 20 a week plus a roll of quarters every so often for laundry. I can't remember the exact sum and they just put it all at once in my account so it was there whenever I needed it. I was so frugal freshman year I don't think they gave me any extra for sophomore year at all.

I would have worked my freshman summer but between wisdom teeth needing to come out and some other family related stuff that couldn't I would have missed the times when interns start. Most wouldn't hire a freshman anyhow.

As soon as I started full-time internships for sophomore and beyond I stopped getting any kind of spending money and used summer money the rest of the year.
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Old 09-18-2012, 06:48 PM   #13
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This is a great thread: I also have twin daughters who have just started college.

We actually haven't discussed a monthly budget, but now you're making me think that we should have! They worked all summer, and banked a good amount, so I was thinking that was their 'fun' money, along with whatever extra their grandparents sent them. I have sent one daughter laundry money twice: the other is still using the laundry money I gave her at the start, though she started school a week later than her sister.

It's hard because while they both have tough majors, one is a nursing major, and we haven't wanted her to try to work yet. Her classes are very challenging. The other, however, only got to attend the school she wanted because she got work study. She only has to work 8 hours a week, so it isn't awful...but it's tough that now suddenly they are in two completely different situations!
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Old 09-18-2012, 06:59 PM   #14
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Quote:
Originally Posted by westjones View Post
Oh I understand those who say they give no money. We said that....but are now reevaluating the situation because our daughter who was used to the wonderful resource room at her high school is struggling to adjust to college. And bottom line, we want her to graduate.

Not all children are lucky enough to be the top of their class with no problems at all, but even children with mild learning disabilities deserve their best shot at a career. And working at a fast food place for spending money is a good thing, but not if your child is struggling.

My problem also is my girls are twins, only one has the learning disability, but if I give one money I will have to give the other money too. My other daughter has a job. The one did have a job, but we could see she needed to drop it.

But $10 a week wouldn't be bad. They both live at home and eat at home, and we pay for tuition, fees and books. But I do want her to be able to go out with friends and hang out once in a while. She wants to work at a camp next summer, so hopefully she will be able to make money over the summer for next year.

Just trying to figure out this year.
I completely understand the situation. I am going into my senior (well 5th year) in college and my 3rd year at this particular university. I haven't worked during school since my first year at community college when I was 19. My parents have always believed that school comes first. That means classes, research programs, volunteer work, etc.

However, I really like working....I really do. But my parents completely forbid me to work my first 2 years at this school. Reason being....I am also a part of disabilities services at my school but for medical reasons. I usually miss anywhere between 3 days and 3 weeks of classes each quarter (10 weeks). My parents wanted me focusing on my classes and my health.... And it has paid off. I have above a 3.8 right now....wouldn't have been possible if I was working. Also, just try getting a part time job when you are sick all the time and always away for appointments....not easy

So....all of that was to say that even as a junior and 4th year (and now 5th year)my parents still gave me spending money. But we didn't have a set amount. I would just ask when I needed something and my mom would transfer it to my bank. On average, my parents probably give me $100/ week for necessities and $50/month for extras. They also still pay for most of my clothes, etc.
It really all depends on the individual and their situation though.

Good luck to your daughters! If the disabilities center at their school is anything like ours here, it is an amazing thing to have and is soooooooo helpful. If it wasnt for them, there is no way I would be able to go to school full time.
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Old 09-18-2012, 06:59 PM   #15
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I guess that good answer is to figure it out as we go.

I worry about my one daughter who isn't working now because her boyfriend is spending too much money on her, and I told her not to do that. They are welcomed to soda and food here, but they keep going out and he keeps paying and I don't want him doing that.

I do keep his favorite soda here and he has eaten here a little, but he likes to eat out. But she is going to be on a much tighter budget then him. He works so he has spending money.

One nice thing at college, they have a lot of free entertainment for the students, so that helps.
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