how much allowance for college?

<p>I love these strings and enjoy trying to match people’s responses from other similar topics like … “how much would you spend to send your child to college”. Hearing other families approaches is eye opening and helpful. </p>

<p>For us right now we’re in the camp of paying for our kids to go to the best college at which they feel is a great fit even if that turns out to be a $45,000/yr job … that is tuition, room, and board (and basic clothing and room needs). </p>

<p>Allowance, not in a million years … we ponied up the $45gs … our kids can find money for the cell phone, concert tickets, beer, or whatever.</p>

<p>I never said my parents bought clothing for the whole year. I said they gave us $100 dollars for school supplies and clothing. Anything we wanted in addition to that is our money. I don’t need a lot of new clothing… I’ve been the same size for six years now. Every time i get new clothes it just gets added to my closet which is getting fuller and fuller because i’m not outgrowing anything. I just donated two garbage bags of clothing to goodwill last week… </p>

<p>I forgot to add shoes in… my mom gives us up to $40 towards sneakers when we need them. If we want $60 sneakers, we pitch in $20. if we want $30 sneakers, she gives us $30. This is seperate from the original $100.</p>

<p>and as far as backpacks are concerned… i’ve had my same backpack since 10th grade. There’s a Jansport outlet near here, where everything is 50% off… so if i really wanted a new backpack I could go get a really nice one for $20 bucks or so, and I’m sure my parents would give me some money for it. I just bought myself a new laptop backpack there about a year ago, and it’s been absolutely great… and I think I only paid about $15 for it.</p>

<p>I can probably make up a list of what i spent my $100 dollars on…</p>

<p>Pencils - $2
Pens - $2
Computer paper - $4
Notebooks - $2 (Target - 6/$1)
Folders - $2 (Target - 25 cents each)</p>

<p>That’s $12 on school supplies.</p>

<p>Chair - $30 (i bought a $60 chair on sale for $30)</p>

<p>8 shirts - $4/each (they were on clerance at the deb… Really cute shirts… one’s got the trix bunny rabbit on it, ones plain blue, one has a york pepperment patty… which is really cute since i live in york… etc)</p>

<p>2 pairs of pants - $15/each (also on clerance at the deb… just your typical pants…)</p>

<p>That tallies up to 12+30+32+30=104… so I pitched in $4 to get that stuff.</p>

<p>Like I said, that’s just how I chose to spend my money. had I needed any bra’s or whatnot I could of bought them instead of my chair. I’m sure I went shopping throughout the school year somewhere and bougth a few, but that was on my money.</p>

<p>We’ve done the $100 thing since Junior high I think (The graphing calculator was an extra $100 or so that we recieved in 10th grade). I know during elementary school we got a lot more clothing… because we were growing out of our old stuff and would need whole new outfits. Once we turned 14 we got jobs (literally, the day after we turned 14), and started buying our own clothes when we wanted them, and other things like that… I used to go to the mall with my friends on a friday night in 9th grade and come home with two pairs of pants, a shirt, and 3 cd’s… but that was with my own money. So when it came time for school shopping and we had $100… we really didn’t need all that much new clothes… cause we’d already bought it for ourselves :)</p>

<p>3togo: Yeah, we’re in the same mindset here. S is going to school in NYC, but that if that means it costs more to get by there, then that’s up to him to find the money, or live more cheaply (which will be good practice for postcollege life :slight_smile: ).</p>

<p>ohhh not growing makes a big difference
I have a 15 year old ( I kept growing till I was 21) she grows by leaps and bounds every year- she is almost as tall as her dad, and probably will surpass him.
She is a good head taller than her sister and her feet are two sizes bigger- she loves it ;)</p>

<p>We pick up insurance, cell phone, and clothing (son is not a clothes horse). His summer job and term time employment should in theory pay for his books, misc. expenses and entertainment. We will see how it all works out!</p>

<p>We’re meanies…we make D pay for the cell phone. It’s one of those very tangible things, where she can make a connection between use/convenience and dollars.</p>

<p>oh we pay for the cell phone- just got one last month- finally - love it- I can actually get a hold of people!</p>

<p>Fendergirl, I’d like to introduce you to my son too. He needs someone like you! </p>

<p>My kids have always been very conservative about spending and really did not want an allowance from us. A throwback from the days when we were always so tight for money, I guess. I have always stressed keeping track of their money and budgeting more than what they actually spend. It’s one thing to make a decision to spend a certain sum of money on a specific activity, another to have no idea where your money is going and be defensive about one’s spending. </p>

<p>I love the way this thread is working. BigGreen, your response heartens me. I see too many dads who are so entrenched in their view that they are paying too much for something that they are overly defensive about their way. It seems to me that your D is doing very well with the money you are sending her, and that she is no spendthrift.</p>

<p>We try to make things work such that S works in the summer to save money for his “spending” money during the school year. He also pays for books and supplies each semester. Somehow he did spend more than anticipated last year, mostly on food and “entertainment”. The food “point” system at his school is somewhat deceptive. He had to learn that the food card is not an unlimited expense account to any and all restaurants in town. He also realizes now that if he wants to participate in other social activities on or off campus that cost money, he has to budget.</p>

<p>Needless to say, he is actually working three jobs this summer. He has a full time paid internship (week-days 8:30am-5:30pm), and is working some nights and weekend hours at the front desk of a local gym/fitness center. He also mows lawns in the neighborhood. He decided that he would rather work hard during the summer and not have to work during school if possible. He is hoping to do club sports and theater next year. Without a car at school, it is hard to find a job on campus that fits his schedule.</p>

<p>S has decided to play the sport called Cheapskateness. They will play at the Tightwad stadium.</p>

<p>No allowance. Tuition, fixed fees, room and board are our cost (minus any merit aid). We always told him we saved a fixed amount for college, and merit aid enabled him to have more choices than just our state schools. All other expenses are his, including books and supplies, entertainment, and dinners out. We’ll take him to buy clothes at the beginning of the school year, and pay for a phone card provided he calls us approx. 1x week. (95% of the time spent on friends, 5% on us…but I’ll take it!). We pay for car insurance, but he has no car of his own, so it is only to drive our car when home. All remaining expenses are his, which encourages him to keep track and be responsible for them. From day one, we had him save half of all cash gifts for the college fund. It accumulated VERY slowly, but enabled him to have a starting fund for the first year. The rest will come from summer work. My youngest also started a ROTH Ira with summer earnings, and we and agreed to match half the contribution (up to a set max.).</p>

<p>No allowance. Last year, we paid for all billed expenses (tuition, room and board, fees) and plane trips home. He paid for books and spending money from previous earnings. He only spent about $1100 over the eight months in was in school (Pittsburgh). Now that he is home, we put his car back on the road and are paying insurance. He will have an apartment next year, and we are paying towards rent and utilities. We pay for a cell phone on a shared plan, so they are not going to have a landline. Rents are cheap in Pittsburgh (not like Boston). I paid for everything myself, my husbands parents paid for everything, gave him spending money and bought him a new car after sophomore year. There’s got to be a balance somewhere.</p>

<p>His car just died. It is a 96 minivan with 185K miles that needs $900 of work. I think it is not long for this world. My youngest, who is going to get his license soon, is negotiating for a new used car. Willing to work and save up for it. Not sure what we are going to do for the rest of the summer.</p>

<p>My d is in 9th grade and she was given $50/month( for anything) plus paid cell phone(a necessity), lunch money, bus money($30/month), movie tickets, gifts,anything that reasonable(no drugs of course), and unlimited clothing allowance provides that she wears them. But somehow, she is not a clothes horse, eventhough I keep saying to her, most kids would trade her place,to have mom pays for any clothes provide that they don’t stay in the closet forever.</p>

<p>I paid cell, gas, car repairs, and everything beyond $100 at the beginning (not of every year - just freshman year!). Tuition, room, board, and books were paid by my parents. I didn’t work during the school year (wasn’t allowed), so I had to save my summer money for the school year. Once I graduated, car insurance was on my own. So I guess I’m a lot like Fendergirl in that way - my friends got allowances or credit cards, but I used my own money for fun. Clothing - wow, unless it’s for Christmas or my birthday, my parents haven’t gotten me clothes in about five or six years. (Hum, maybe that’s why I’m still within 10 lbs of my pre-college weight… new clothes cost too much.)</p>

<p>That left me with a few (conflicting) feelings. In some ways, since I was around people with almost unlimited spending money (several thousand per year), there was pressure to “keep up.” They thought nothing of a nice dinner out, followed by dessert and then a movie. That $40 or $50 night was waayy more than I would want to spend. A lot of the social life was in Boston and doing things like dinners out. Just the atmosphere. </p>

<p>Don’t get me wrong: I worked too hard during the summers to be poor (except for my freshman year). My dad joked that I was the only college kid he knew who had money. The $5k or so I earned during summers was enough for car, cell, and entertainment. </p>

<p>Now, back to the real question. The amount that you give your kid depends on:
*where they live (NYC/Boston being much more expensive than rural areas),
*what kind of lifestyle you want him to have (do you want him to be able to “keep up” socially with his friends, even if they are very wealthy and think nothing of nice dinners a few nights per week, or do you think it’s enough that he be able to rent movies and get a pizza?)
*What you are comfortable with (two perspectives: after paying $45k/year, what’s a few extra dollars so your kid can have the most of those years? and, after $45k/year, your kid can earn his own money) - this is where the fault lines are with parents
*what he is going to be responsible for. Cell, MetroCard, toiletries (as Jonri poited out), lousy dining hall which isn’t open on weekends -> more money.<br>
*If your kid is earning money during the summer and can supplement what you give him with his own funds.</p>

<p>So it’s hard to say. As a kid, I would have loved $50/week for spending money - and there are a lot of parents who don’t give their kids anything. So you’re not going to go wrong with that (although, between cell + subway fare + toiletries + snacks, that $50/week could be gone); it covers the essentials and then some if he budgets. For a student in NYC, my guess is that you need about $25 for a moderate night of socializing. That covers subway fare plus a nice dinner and a rental movie, or something like movie and popcorn, or clubbing and a late-night diner afterwards. It just doesn’t cover all of those options in the same night. If there is a lot going on on campus, then one parent-sponsored fun night per week is fine, so maybe $25 + other expenses would be good. If there is not much on campus, if the dining hall is lousy (trust me, makes a big difference if you can eat the food on campus), if he’ll need to take the subway to get anywhere, and if the “culture” of the school is to go out and spend a lot of money, then up to $100 per week would be appropriate.</p>

<p>We are also paying tuition, room and board, expecting son to earn $$ for spending money and books. What would you estimate he’ll need? Math major, living in Boston. We will pay cell phone, buy clothes (if not, he’d still just have what he was wearing in eighth grade), and buy the plane tickets home for the holidays.</p>

<p>1MoreMom…I would say at least $2000 spending money, $500 books and school supplies.
Susan</p>

<p>Thanks, Susan. He should be in good shape. (How is DD?)</p>

<p>1MoreMom:</p>

<p>Per semester, books could be $250-500. That might be one where you just ask your son to tell you the total and send him a check to cover it. Or, if you are going there for orientation, buy his books.</p>

<p>Cell: $45ish/month, so $400-$500/year. </p>

<p>If your son is going to get clothes there, a lump sum in September might be good, followed by another in November (if he needs winter clothes). Between that and the books, you could start him off with $500 or $1,000 and have him report back on how much he spent on clothes/books.</p>

<p>Miscellaneous/fun: $20/week for a freshman should be enough, esp. if he is earning his own money.</p>

<p>Plane tickets: eek! Thanksgiving is really expensive - $400 or so for the lowest-priced tickets. Christmas is better, but not by much.</p>

<p>I did find that, with things like books, dorm supplies, etc, students tend to need a lot of money up front, and then less as the semester goes on (can do monthly or weekly or whatever).</p>

<p>1MoreMom, thanks for asking about my youngest daughter (I presume). She is doing great. If you looked at her, she appears normal and you would not know she had been as severly injured as she was just 2 1/2 months ago. She walks just fine…went to prom, goes to school, has performed on stage (not dancing yet though) and is going to start driving (eek) this week on her own. She is currently on a train to New Haven to visit with her best friend. Her earnings have paid for this little trip. She is still in physical therapy so to regain full strength and all that …to be able to dance and everything once more. Her summer plans are still intact so the main thing now is to get back to how she was and to be back dancing which the physical therapist thought might be as early as mid July because she is doing so well. Seeing her appear on stage a week ago felt like a triumph to me. What a road it has been. She is due to graduate in three weeks. </p>

<p>My other daughter (18) is currently driving 4500 miles to Alaska and just called me that she just arrived at Rocky Mountain National Park (she calls daily as she reaches the next destination). Her earnings from previous jobs have enabled her to save money to do this. </p>

<p>As mentioned, while we do provide allowance for spending money in college and pay for their stuff like books, cell, gas, clothes, etc. as well, they both have earned money in jobs, including summer ones, that enable them to do some things over and beyond what we already provide. (hey, just keeping my post on topic, lol)</p>

<p>So, that’s my scoop. Hope your clan is doing well.
Susan</p>

<p>Susan,</p>

<p>I am so happy to hear that D2 is doing so well. I was actually thinking about her during the graduation posts in hope that she would be ablel to walk with her class and it looks like she will. That is so great.</p>

<p>Back to the topic,</p>

<p>From this parents perspective, I am totally suprised at how well D handles her money now that she has gone to college. She saved all of her summer earnings, did not work the worked the winter and spring terms.</p>

<p>I think I have only sent her $300 extra book money during the entire school year because she had a class where they had a reading list of 20 books. Any shopping, trips and entertainment she has paid for herself. She is even paying for her own ticket home.</p>