Home > Resources > Campus Life > Money Management > Student Checking Accounts

Student Checking Accounts

Opening and managing a checking account is an important student money management lesson. For many college students, having a checking account is a new experience. Learning how to balance and manage a checking account is a great way to develop basic money management skills.

Many banks offer free checking accounts for students. As soon as you get your student ID card, you will be able to apply for one of these accounts. When you are researching your options, look for a student account that is truly free. The best accounts require small opening balances, do not charge for printed checks, do not charge a monthly maintenance fee and do not accumulate fees for debit or card transactions. Be careful of "hidden costs" or offers that sound too good to be true.

Questions to Ask When Opening a Student Checking Account

  • Does the account include overdraft protection?
  • How much money is required to open the account?
  • Is there a monthly fee?
  • Is there a transaction fee for debit card transactions?
  • Is there a charge for withdrawing money from an ATM machine?
  • What is the fee, if any, for checks?
  • Will I have 24/7 access to telephone banking?
  • Will I have access to online banking? Is there a fee?
  • Will I receive statements via mail or electronically?

Latest College & Financial Aid News

Autistic Student Alleges Assault, Sues College for $5M

March 13, 2018

by Susan Dutca

An autistic Orange Coast College student who was barred from campus is suing the institution for $5 million, claiming it mistreated him. The civil lawsuit was filed after an altercation where the student was pepper-sprayed and arrested for felony vandalism and misdemeanor charges. [...]

Land Your Pot of Gold with March 2018 Scholarships

March 7, 2018

by Susan Dutca

You don't need to have the luck of the Irish to apply for and win these March scholarships. If you want to see a little more green in your future to help pay your college tuition, you will need to explore, review and apply for these March 2018 scholarships. If you prefer to get a list of personalized scholarships for which you qualify instead, conduct a free scholarship search here. [...]

Stanford Students Call on Apple to Combat Phone Addiction

March 6, 2018

by Susan Dutca

A new Stanford Student group, the Stanford Students Against Addictive Devices (SSAD) led a student-protest over the weekend asking Apple for help in getting its users to put their phones down. Led by computer science majors, the group wants to bring awareness to the public health issue which, research shows, "can have serious implications for people's mental and physical health." [...]