<prompt> Human: I found out that I received a scholarship to my 4-year university of choice a while back. While its sizeable, its definitely not enough to cover all my expenses. But a few days ago I got a letter that states all of the grants I was getting as well. Overall, this amounts to 16k for the year, which is a decent bit more than what my first year would cost. What should I startdo now to get ahead financially, now that I know I wont have to pay for my first year?  <response>: A good solution is to save what you would need on a monthly basis. Figure out your budget - rent, food, text books, etc. If you are working try and save enough to cover those items, since the first year is covered you will be saving for next years expenses. 