When advising a student on managing their finances beyond tuition and fees, which aspect of campus life is often a significant, yet frequently underestimated, expense that advisors should highlight?

✓ Correct Answer: Option B

While textbooks, fees, and parking are expenses, incidental personal expenses (like food outside meal plans, social activities, personal care items, travel) are often overlooked in budgeting, leading to financial strain if not planned for.