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Exchange programs, summer schools and cultural immersions have become increasingly popular among Singapore tertiary students. Around 8 in 10 NUS undergraduates study abroad in over 300 partner universities. SMU and NTU have expanded their overseas entrepreneurship programs the past two years, and half of Nanyang Polytechnic students go on overseas exchange programs.
While an overseas experience is priceless, it can be extremely pricey for your wallet. Here are the common money mistakes students make while studying abroad, and how to avoid them.
#1 Buying All Your Textbooks at the Campus Bookstore
Growing up in Singapore, many of us are used to getting textbooks from our school bookshops. University textbooks can be very expensive. Moreover, some professors don’t even use the textbooks for their modules, leaving students with hundred dollars worth of untouched books at the end of the semester. For exchange students in particular, lugging heavy textbooks home could incur additional baggage fees as well.
Once you get the book list, avoid being kiasu” and buying the books right away. You should wait a few days into class to check with the professor if the book is mandatory for class to make an informed decision.
If you decide to buy, know that school bookstores have a monopoly over textbooks, allowing them to charge exorbitant prices. Many books actually have free or cheaper PDF versions online. Amazon Textbooks also rent textbooks for reasonable prices.
More at http://www.domainofexperts.com/2018/01/5-common-money-mistakes-students-make.html
While an overseas experience is priceless, it can be extremely pricey for your wallet. Here are the common money mistakes students make while studying abroad, and how to avoid them.
#1 Buying All Your Textbooks at the Campus Bookstore
Growing up in Singapore, many of us are used to getting textbooks from our school bookshops. University textbooks can be very expensive. Moreover, some professors don’t even use the textbooks for their modules, leaving students with hundred dollars worth of untouched books at the end of the semester. For exchange students in particular, lugging heavy textbooks home could incur additional baggage fees as well.
Once you get the book list, avoid being kiasu” and buying the books right away. You should wait a few days into class to check with the professor if the book is mandatory for class to make an informed decision.
If you decide to buy, know that school bookstores have a monopoly over textbooks, allowing them to charge exorbitant prices. Many books actually have free or cheaper PDF versions online. Amazon Textbooks also rent textbooks for reasonable prices.
More at http://www.domainofexperts.com/2018/01/5-common-money-mistakes-students-make.html