Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [student]

40 questions
26
votes
9 answers

3.5% Interest Student Loan or use all of my savings on Tuition?

I've got one year of University left and luckily I've managed to stash around ~$18k in savings that my expenses never cut into. My tuition for my last year will probably be around $13k. I hate the idea of being in debt - but aside from emptying my…
KuboMD
  • 363
  • 3
  • 6
14
votes
4 answers

50K, what to do with it?

I'm 26 and a double masters student in transportation planning and engineering. I have received 50k in settlement money; I don’t know what’s the best course of action with this money. Im looking at 56,000 in student loans at 6% APR over 10 years. I…
user92143
  • 141
  • 1
  • 3
10
votes
3 answers

Rebuilding my life at 30, broke and supportless

Okay, so try to ignore the "drama" in this and I'll try to keep this short. I'm unemployed (on my 3rd disability appeal) but in college I max out my loans but it's about $500 a month left after my grants/loans cover tuition if I dolled out the…
Bianca
  • 101
  • 3
8
votes
1 answer

Are full-time students exempt from UK council tax if they're also employed full-time?

In October, I will start a PhD at a university in England, and will be classified by my institution as a full-time student. The nature of the funding for my PhD is such that I will concurrently be employed by the university and pay tuition fees to…
georgewatson
  • 183
  • 5
7
votes
1 answer

Student debt in arrears from living overseas- what to do?

I have been living overseas for 3 years and did not inform the student finance company (stupid, and totally my fault!) and they have recently sent me a letter asking to confirm my employment status- a long overdue reminder and I intend to honestly…
Olivia
  • 71
  • 1
  • 2
7
votes
2 answers

Television license tax in Switzerland as exchange student

My background: I am a Belgian student studying for 6 months in Lausanne (Switzerland) in an exchange program. Recently I received a letter where I was asked to pay a television license tax of 365 euros. It is stated on the website of the…
Feynman007
  • 71
  • 1
6
votes
4 answers

Does it make sense to compare the "returns" from debt payoff with long-term stock market investment returns?

I've been thinking long and hard about whether to pay off my student loans with the smaller interest rates as quickly as possible or just pay the minimums and start investing. After reading bunch of articles examining that topic, almost all came…
nCardot
  • 663
  • 3
  • 12
5
votes
0 answers

Is there any reason I'd prefer having my school not report a 1098-T?

I didn't get a 1098-T from my school this year. I contacted them about it, and they said it wasn't required in my case, but they went ahead and issued it anyway since I asked. They also told me they could cancel that (and not send it to the IRS),…
argentum2f
  • 191
  • 5
5
votes
1 answer

Can a student non-resident alien choose to not exempt themselves from the substantial presence test?

Can I choose not to use my student exemption from the substantial presence test, or must I do so no matter what? i.e. Is the student exemption from the test optional or mandatory? If optional, how do I declare my intent to not exempt myself? Can I…
Isaac Khor
  • 71
  • 3
4
votes
1 answer

How can I open a student bank account when I am getting rejected for not having enough credit history?

I am presently a university student in the United Kingdom. I attempted to establish a student bank account through HSBC, but my application was declined due to a poor credit score. After some online research, I suspect this may be because there…
top ROOKIE
  • 41
  • 3
3
votes
5 answers

How to deal plan a budget with extremely variable income?

I am a full time master's student. My income comes exclusively in the form of irregular scholarships and grants, both in terms of time and amount. I have no regular income. For example, I might get 10k$ in January and then nothing for 8 months, then…
JS Lavertu
  • 160
  • 8
3
votes
0 answers

What tax year do I claim a fellowship if it is on both the 2017 1098-T and the 2018 1042-S?

Note: I am an international student and receive a yearly 1042-S. I got a fellowship in November 2017 but my University did not distribute the money until January 2018. Because I am an international student, federal and state taxes were taken out of…
Charlie
  • 31
  • 1
3
votes
2 answers

Paying Off Student Debt Quickly

I'm 19 and transferred to a university. I left my community college with no debt. At my university due to my living situations I need to work full time. With that being said I have to have the vast majority of my classes online. The university I…
Porixify
  • 387
  • 3
  • 7
3
votes
2 answers

What personal finance tips should a graduate (PhD) student know or take advantage of?

Are there any special tax provisions or incentives that PhD students should be aware of in order to grow their wealth or limit taxes during the duration of their PhD? Assume the student is a US citizen with no debt, sufficient savings, and earning a…
kpz
  • 131
  • 1
3
votes
1 answer

Can I invest in the stock market as an international student?

Can an international student holding student resident permit in Germany, invest in the stock market? As international students are not allowed to start a business so does that restrictions also apply to investing in stock market? If so, what is the…
Amir Dora.
  • 165
  • 2
  • 7
1
2 3