A budget is a plan of action for allocating your money. Planning how your year will be financed is an important first step. Your money can disappear in no time if it is not appropriately distributed over the entire year among the various categories. Lack of budgeting leads to occasional and sometimes overwhelming worries over whether your resources will cover your expenses. At times, these worries are confirmed at the end of the year and will add to stress levels that are already high due to final exams and assignments.

A realistic and well thought-out budget allows you to control your spending. It helps you to feel more secure financially and ensures that there will be money for the things that you need, if you follow your guidelines.

While actual amounts may differ, you will have similar costs (fees, books transportation, living expenses, pocket money) and similar resources (savings, loans, grants, gifts, part-time jobs) whether you attend Brock University or another university or college.

Sample Budget
The Student Awards and Financial Aid Office has developed a set of estimated costs based on the residence situation of a student. We have created a web page that will estimate your costs for a given study period. This estimate is designed to stimulate your thoughts about your needs and to offer some suggestions as to what your budget could look like. Please follow this link to our Fees Estimator.

How will your costs be paid?
You and your parents (or spouse) should sit down together and detail all realistic needs and resources.

  • Clarify the costs for which you will be responsible and the costs that your parents/spouse will cover.
  • Decide whether funding will be given in September or on a monthly basis.
  • Determine if funds will be put into a chequing/savings account or a cheque mailed each month.
  • Will you apply to live in residence or off campus?
  • Will you need to apply for government assistance (OSAP)?

Working part time during your study period can help decrease your need. Be realistic about how much time you can allocate for part-time work. Can you accommodate a part-time job and still fulfil academic obligations (attendance at class, labs, assignments, exam preparation, reading)? If you are having difficulty in obtaining a job on your own, consider a job through the Experience Works program.

The Ministry of Training, Colleges and Universities has created the OSAP Access Window website which will estimate the amount the OSAP you may receive.

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Fall/Winter Hours
SAFA is open Monday - Friday from
8:30 AM through 4:30 PM.

Reading Week:
SAFA will be closed on Monday, February 15th for Family Day, and on Tuesday, February 16th, for the President's Holiday. We will reopen on Wednesday, February 17th.