The first day of classes means new professors, new classmates and a completely new routine. It is also about the time that universities distribute refund checks to students. Refund checks are extra funds that are left over after all school fees have been paid. These funds are the result of excess scholarships, grants and loans. Refund checks can come in handy, as students can use the extra money to buy a laptop, food, books or to pay off another loan. Some students, however, are not wise with their money and are left scrounging for pennies before the end of the semester.
I always hear students complaining about how they do not have any money left from their refund check long before finals roll around. They chose to splurge on clothes, the newest Droid phone, expensive [...]