College textbooks can take a huge bite out of a college student’s budget. The costs of buying new textbooks for every course, every semester can drive the amount a student may need to borrow in private student loans through the roof. Whenever a student can limit the amount of private or alterative student loans they need to borrow, the better off a students financial situation will be when college is over and student loan repayment begins. Being smart when it comes to obtaining college textbooks can really make a big difference in the amount of student loans for college that are needed. Outlined below are some alternative options to buying brand new textbooks that can help save money, and reduce the amount of student loans a student may need to borrow.
1. Buy Used Textbooks. This is an obvious option, but many students fail to utilize buying used textbooks because it can be easier or more convenient to simply purchase new textbooks at the college bookstore. Buying used textbooks can often reduce the cost by 30 to 60 percent, depending on the textbooks needed.
2. Don’t Buy At All. Sometimes talking to a student who has taken a particular course before can really help. For certain college courses, the required textbook may be hardly utilized at all, and a student may be able to get by without it.
3. Split With A Friend. If you are taking a certain college course with a roommate or friend, consider sharing the costs of the required textbook for that course.
4. Check Your Library. Your local library may have the required textbook(s) you need, and allow you to check them out for a fraction of the price of purchasing the textbook. Library late fees can be a small price to pay in comparison to purchasing a textbook.
5. Organize A Textbook Exchange. Many colleges and universities are starting to do this or have been doing this. Get your local student organizations involved, and set something up.
Helping students navigate the student loan and college financial aid process. Have a college financial aid question? Submit it on our Facebook page, or by hitting the Contact Us link below. Follow us on Twitter, or join us on Facebook for daily financial aid tips and new scholarship listings.



