Think graduation is cheap? Think again.
Although graduation might sound like the end of your student loans, it will actually cost you another several hundred – or even thousands – more dollars, if you don’t plan out the logistics wisely. From caps and gowns, to travel and accommodation, how can you cut down the graduation expenses? Here are six tips to help you save. Next
Reserve your cap and gown early
If you have the option, reserve or purchase your cap and gown early. Students who wait until the last minute are often charged nearly double the price. If you want, you may also rent your cap and gown, or borrow them from your friends who have already graduated. Next
Think twice about buying a class ring
Graduates are understandably nostalgic about leaving college and want to have mementos. But if you don’t plan to wear it, a class ring is a very expensive souvenir to acquire. Will you be wearing it post-graduation? Think carefully before buying the class bling. Next
Frame your own diploma
According to the BU bookstore’s website, an official diploma frame can cost between $160 to $265. What’s so special about an “official” diploma frame? Nothing really, except that it’s expensive.
You can easily find a cheaper diploma frame online on websites on Amazon or eBay, which will save you at least $100. Next
Book flights early
If your friends and family haven’t booked their plane tickets for your graduation, they should do so as soon as possible. Airlines are well aware that demand greatly exceeds supply during graduation season, and will not hesitate to raise air fares. Next
Plan accommodations ahead of time
The same supply and demand theory applies to hotel rooms. Book early, or you will be charged more. Alternatively, you could rent a room on websites such as Airbnb.com for a much more reasonable price, if you don’t mind making your own bed or paying extra for cleaning services. Next
Reserve a dinner table early
When almost every single graduate tries to reserve a table of at least five within a three-day period, a graduation dinner can turn into a nightmare out of “The Hunger Games.” If you have no luck making reservations at popular restaurants such as Top of the Hub or Island Creek Oyster Bar, opt for a less crowded venue. Since the occasion is what you’re really celebrating, you will have a great time wherever you dine and enjoy the company of your loved ones. Back to the beginning
Advertisement - Continue Reading Below