How to pay for university for your son or daughter: a practical guide for parents

University and family: how to manage costs without stress

Starting university is a major milestone in your children’s life — and in yours too. But how much does it really cost to send someone to university? And more importantly: how can you pay for university without compromising your family’s financial stability?

This guide walks you through all the available options — from family savings to student loans, as well as scholarships and financial contributions from your son or daughter. If you’re looking for a sustainable way to manage this expense, read on.

How Much Does University Cost in Italy?

University costs vary depending on whether the institution is public or private, the city, and your household’s economic situation. Main expenses include:

• Tuition fees (on average €1,000–3,000 per year)
• Books and academic materials
• Accommodation and meals (especially for students living away from home)
• Transportation and daily living expenses

A family may end up spending over €10,000 per year per student.

The main solutions to pay for university

1. Use savings or dedicated investment plans

If you’ve saved for your student’s education, now is the time to use those funds. There are also tax-efficient savings plans designed for education, which may offer financial advantages.

2. Apply for scholarships and tax benefits

Many public and private universities offer scholarships based on merit or financial need. Additionally, some education-related expenses are tax deductible, helping reduce the overall financial burden.

3. Request a sustainable student loan

Honor loans (prestiti d’onore) are a practical and sustainable way to finance university, even without family guarantees. With Habacus, your student can access a loan tailored specifically for their academic journey, including:

• Low interest rates
• No need for collateral or family financial guarantees
• Deferred repayment until after graduation

👉 Take the Habacus eligibility test now to find out if your student qualifies for a student loan.

💡 Curious about how student loans work? Read our full article on how student loans work.

Students can also contribute

If your son or daughter is of legal age and able to work, they may cover part of the expenses by:

• Taking a part-time job
• Doing a paid internship
• Joining a study-work program

This not only reduces financial pressure on the family, but also fosters independence and responsibility.

What if the parents are divorced?

In cases of separation or divorce, university expenses may be included in child support agreements. However, it’s always best for parents to reach a shared understanding to ensure financial stability and continuity in their child’s academic path

Final thoughts: plan today by investing in your children’s future

Helping your student succeed at university is one of the most meaningful investments you can make. With solutions like the Habacus student loan, you can support them in a responsible, sustainable way — without sacrificing your family’s financial wellbeing.

🎓 Find out now if your student is eligible for a Habacus loan: take the eligibility test here.