Budgeting Monthly Living Expenses
Using the information on this worksheet as a guideline, you can estimate your expenses, figure out what you can live without, and create a personal budget. Contact your Enrollment Guide Team at Full Sail if you have any questions about your individual situation, or if you are unsure of what to do next. GUIDELINES FOR A BASIC MONTHLY BUDGET
(Prices are per person, based on 1 roommate)
Rent (varies per complex) 1050
Renter’s Insurance (optional) $15
Power/Water $100
Cell Phone $70
Internet. $25
Car Maintenance/Gas 175
Groceries $350
Health $38
School Supplies $15
Full Sail Students spend an average of $1600-1900
in living expenses.
Remember: students are suggested to arrive with 2-3 months of living expenses saved. This does not include deposits on the apartment, phone, utilities, etc.
MONTHLY EXPENSES
Housing
RENT
RENTER’S INSURANCE
FURNITURE
ELECTRICITY
WATER
CELL PHONE
INTERNET/CABLE
Transportation
AUTO INSURANCE
GASOLINE
CAR MAINTENANCE (optional)
Food
GROCERIES
DINING OUT (example: subs, pizza, coffee)
Miscellaneous/Personal
DEBT (min. monthly payment only) CREDIT CARDS
PERSONAL LOAN
PERSONAL/ENTERTAINMENT
(example: clothes, movies, gaming) TOTAL MONTHLY EXPENSES:
MONTHLY INCOME
FAMILY SUPPORT
SAVINGS
WORK
TOTAL INCOME:
FOR YOUR PERSONAL USE - DO NOT RETURN TO FULL SAIL If your expenses are more than your income, look at your budget to find expenses that can be cut.
If your income is more than your expenses, you have
+ money left to save. -
Financial Aid is to be spent for authorized educational costs only. Some examples are tuition, fees, room and board, books, supplies and transportation.