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FREQUENTLY ASKED QUESTIONS ABOUT MONEY

1. How much spending money will I need during the program?
2. Where can I cash a check or traveller’s checks?
3. Will stores in Beloit accept an out-of-state check?
4. Where are Automatic Teller Machines (ATM) located?
5. Where can I bank in Beloit?
6. How can I pay for my textbooks at the Beloit College Bookstore?

• Students should budget $100-$200 for textbooks.
• Since all meals are paid for, students should budget for incidentals (laundry, snacks, detergents/shampoo, bus tickets to Chicago or Madison, and the occasional movie ticket).
• Students may want to budget some money for cultural excursions; however, the cost of transportation, food, and tickets is generally covered by the program.

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2. Where can I cash a check or traveller’s checks?

• The Beloit College Accounting Office, located on the second floor of Pearsons Hall.

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3. Will stores in Beloit accept an out-of-state check?

• Most stores in the Beloit area accept out-of-state checks.
• Some stores in the Beloit area will not accept checks numbered less than 500.
• Most stores accept debit cards now so that checks may not be the most convenient way to shop in Beloit.

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4. Where are these Automatic Teller Machines (ATM) located?

• Basement of Pearsons Hall
• Cub Foods (a grocery store within walking distance)
• Several Banks Within Walking Distance

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5. Where can I bank in Beloit?

• First National Bank, downtown
• M&I Bank, downtown
• First Federal, downtown

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6. How can I pay for my textbooks at the Beloit College Bookstore?

• With cash
• With a personal check
• With traveller's checks
• With a MasterCard or Visa credit card
• With an ATM/debit card that withdraws money from your checking account

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