Skip Navigation LinksHome > 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

Facebook to Offer Suicide Prevention Resources

by Suada Kolovic

Since 2011, Facebook has had a way for users to report potentially suicidal posts...just not the easiest way. Until now, it required users to upload links and screenshots to the official Facebook suicide prevention page before receiving any type of help. Starting Wednesday, Facebook will simplify the process and begin rolling out suicide prevention resources that are built directly into posts. [...]

College Official Accused of Offering Scholarships for Sex

by Suada Kolovic

Securing the funds needed to attend college can be challenging. Luckily for the majority of students, they can rely on financial aid experts for guidance. Regrettably, not all students are so fortunate: An Idaho community college administrator stands accused of offering scholarships to students in exchange for sex. Idaho police arrested Joseph Bekken, 36, the head of financial aid [...]

Germans from Russia Heritage Society Youth Essay Contest

by Suada Kolovic

The Germans from Russia Heritage Society Youth Essay Contest encourages students from around the world to learn about the history and culture of the German-Russians, people who emigrated from Germany into Russia during the 18th and 19th centuries. Today, in the USA, Canada and other countries in the Western Hemisphere, these people have become known as Germans from Russia. The GRHS [...]

Follow Us:

facebook twitter rss feed