Join Date: Aug 2009
Location: New South Wales, Australia
The big thing is choosing what to spend your time and money on. I afforded a horse through most of university, however I couldn't afford to drink, or go out often, go to the movies, eat out. I couldn't afford to live on campus housing, I cut costs by not using a heater all winter.
I also cut costs with horses. There was a great boarding stable with an indoor and outdoor, but I met someone through volunteering at pony club who offered me free agistment, in exchange I'd help out when they needed it. It mean less facilities and of course self care, but it saved me a lot a money.
Actually in many places I have lived there have been very affordable agistment options that aren't advertised. Private properties with a paddock to rent, or to share the paddock with them in exchange for a small fee, or perhaps an offer to help with their horse care when they're away.
Another aspect was the horse itself. My TB cost me at least $150 extra a money in feed, in comparison to my stock horse. Also, trimming hooves vs. shoeing is cheaper.
When you combine it all, you can often get by with horses quite cheaply, and as many students spend a lot of their time socialising etc, you can use some of that time for horse stuff. It's all about the choices you make.