Recent research indicates that college textbook costs have surged by over 135% since 2001. According to figures given by Collegeboard.org, college textbooks can cost students an average of $1,200 annually. In addition, students also have to pay for additional expenditures such as tuition fees, administration costs, and test fees from time to time.
Cutting costs on textbooks may help you whether you are an independent person who earns just enough to pay their bills or someone struggling to manage their expenses. However, this article aims not to advise you to put your studies at risk by not purchasing college textbooks. Instead, we’ve put together a list of 10 smart ways to cut costs on college textbooks and save money.
Like we share Netflix accounts with our friends to save money every month, sharing college textbooks can be a more economical choice. Discuss with your friends at the start of the semester to choose who will purchase which textbook.
Suppose one member of your group purchases one textbook; the other members of your group can purchase the remainder of the textbooks. Whenever you need the books, you can share them. If you all require the same textbooks on the same day, snap pictures of the relevant sections on the book and email them to others.
Try lending from the library.
Although your college library may not be fun, you can surely locate copies of commonly prescribed textbooks there. Then, when you’re finished with the book, return it.
When utilising a copy of the college textbook obtained from the library, you must take special caution instead of using a shared copy. To begin with, the library prohibits the use of any highlighters or ink on the book. You must also return it within the specified time frame. You will be charged a fine or a late fee if you do not pay by the deadline.
You will already be aware of the possibility of leasing textbooks online. Students can rent college textbooks through CampusBooks, Amazon, and various other websites. Leasing a college textbook can save you up to 90% off the book’s original cost.
The easiest method to save money on pricey books is to rent them. But the companies that rent books have specific rules that you must obey when utilising the books you have borrowed. The good news is that you may customise the renting period to meet your needs.
Try buying used college textbooks.
If you really need your college textbooks at hand during all times but still want to save money, second-hand college textbooks are the way to go. Used textbooks can be found on platforms like Chegg, Amazon or eBay at quite a reasonable price. Furthermore, the college textbooks on these platforms are in excellent shape.
One can also approach your relatives or elder cousins who have finished their college studies and duties to donate their textbooks to you if they no longer require them. If you’re lucky, you might be able to obtain the used books for free from some of these relatives.
eBooks are frequently far less expensive than paperbacks and hardbound college textbooks. Therefore, if you want to save money on college textbooks, you must choose eBooks rather than physical equivalents. These can also be accessed anywhere from electronic devices like laptops or smartphones.
It’s a better alternative than leasing or purchasing an old book since you get the most recent version in a digital format, something that never wears out. You may even print specific chapters as needed without constantly worrying about the scan being flawless.
Try searching for free online copies.
If you have any extra time, you should use it for hunting for free college textbooks online. It is essential to set some time aside since finding the college textbooks you need can take time.
There are plenty of open public domains, such as Project Gutenberg, which offers many free eBooks. Students studying humanities should be able to obtain the course materials, if not the whole textbook, online. Finding free textbooks for scientific students, on the other hand, might take a long time.
Bargain on prices
If you’ve been getting your college textbooks from the local bookstore, now is the time to switch. Look around your neighbourhood for additional retailers. There are also a lot of places that offer second-hand books. Check prices and purchase the college textbooks from the retailer with the best deal and make sure to ask for a discount.
Textbooks may also be found at fantastic prices with internet retailers. Amazon is unquestionably the place to go. In addition, several small-time internet retailers provide substantial savings on college textbooks.
Take advantage of the open textbook network.
You might not have been aware, but there is an organisation known as the Open Textbook Network that allows you to exchange academic textbooks online among students worldwide. The college textbooks in the open textbook library are “free, publicly licenced, and full,” implying that students will have free access to the whole text.
The issue is that you must persuade your college professors to take all of their classes over the network. Then, after your faculty colleagues have completed this, students can explore the website’s materials using their student email accounts.
Seek any financial help
Many higher education institutions help students pay for college textbooks by allocating a portion of their financial assistance for the textbooks. If you’re fortunate, you might be able to utilise the remaining grant after paying for the tuition fees to cover the cost of assignments and college textbooks.
Visit your financial assistance officer to clarify the situation. Inquire about whether the financial help you’ve been awarded could be used to buy books.
Scholarship funding is granted to specific students to assist them in meeting their educational expenditures. If you have been awarded a scholarship, you should read the terms carefully. Most scholarships may be used to purchase textbooks.
If you do not have a scholarship, you may apply for one and make your college life easier by utilising the grant money to pay for all of your study-related expenditures, including college textbooks, tuition fees and much more.
Ans. A typical college student needs to spend around $1200 annually on college textbooks.
Ans. Some of the best ways to save on college textbooks include lending, buying second-hand books, lending books from the college library etc.
Ans. The open textbook network allows students to share their college textbooks with other students online.
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