If you have your heart set on completing a year abroad or volunteering your time for a worthwhile cause, start saving now. Do your research and find out exactly how much it will cost you. Avoid the sticker shock of the gap year expenses like your VISA or travel insurance. Put birthday and graduation money in a gap year savings account.
Technically, this is a financial move you will want to make as a prospective gap year student, so you’ll need to take action sooner rather than later. If you are really savvy, you can look for gap year programs that either give you college credit or, gasp, pay you to do something extraordinary like teaching English in a foreign country.
Believe it or not, you can actually find financial aid for your gap year. Get hungry and make the experience of a lifetime happen. No monetary excuses allowed.