The amount of money to bring with you depends on your particular situation. The information below is only to be used as a guide.
However, here are some initial expenses to consider:
- Pocket money - it is always wise to carry some cash with you in case you want to get something to eat or need to pay for a taxi while traveling. Otherwise, please do not carry large amounts of cash with you. Most people find that carrying a combination of cash ($200) and traveler's checks is most helpful.
- Hotel - it will cost approximately $45-$70 per night to stay in a decent hotel.
- Apartment - In order to sign a lease for an apartment, you will most likely be required to pay both the first month's rent, plus a security deposit, often the same amount as one month's rent. The amount of the rent can vary widely - from $200 for a bedroom in shared apartment or $300-$700 for a 1-bedroom or $400-$800 for a 2-bedroom apartment. Check out the information about off-campus housing in Springfield to get an idea of what apartments cost.
- Utilities - If your utilities (electricity, gas, phone, etc) are not included in your monthly rent, you may be required to open accounts with the local utility company. This typically requires a $100 deposit.
- Furnishings - If your apartment is not furnished, you will have to buy some essentials. The amount you spend will vary on what you choose to buy, but some expenses will be unavoidable.
Setting up a bank account
One of the things you will want to do soon after arriving on campus is to open a bank account, usually a "checking account" or a "savings account." Below is a list of information you will need to speed the process of opening an account.
- Your full name, home address, home telephone number, your campus telephone & college address, if applicable.
- Two pieces of identification: acceptable ID includes, your passport, Missouri State University ID card, birth certificate (acceptable at some banks), Missouri driver's license.
- A letter from your home bank confirming that you have a good banking history is helpful.
Here is a short list of banks in the area: