Department of Wellness Pillars – Financial


1. Know your limits

When working through your budget, start by identifying your monthly income and expenses. Try to estimate on the low end of income and higher end off expenses in order to ensure you aren’t caught without what you need at the end of the month.

2. Know your goals: Necessities, wants, and financial goals

Necessities (i.e. rent, gas and groceries) should take up about half of your income. Limit “wants” (i.e. cable bill, haircuts, coffee runs and social events) to 30% of your income. Lastly, your goal could be to invest in some of your financial goals (i.e. paying off debt, putting a few dollars into a savings account).

3. Make a budget worksheet

Focus on your “needs” first to avoid debt as much as possible. This might take some time to work out and that’s ok. Use available online apps to track your spending.

4. Apply for grants/scholarships to supplement your income

GPSA is one of the many funding sources that will provide funding for research, as well as travel for interviews, internships, and conferences.


ASU Financial Aid and Scholarship Services


Downtown Phoenix
University Center Building, Suite 120

Administration Building

Student Services Building, 2nd Floor, Room 206


University Center Building, Room 120
Office Hours for All Locations
Monday: 9 a.m. – 5 p.m.
Tuesday – Friday: 8 a.m. – 5 p.m.
No appointment necessary. Our offices occasionally close during the weekdays for university holidays, mandatory meetings and training.

Contact 24/7:
ASU Financial Aid and Scholarship Services
Call: 855-278-5080 (toll free)
Fax all documents to: 480-965-9484

Visit MoneyMoments, a short online course from ASU and Financial Aid and Scholarship Services:

ASU Graduate College–Funding Opportunities
A valuable resource about funding your graduate education.

Live Well to Succeed

Student Employee Wellness Program

Student Advocacy and Assistance

Downtown Phoenix