While not the case in every program, grad students often receive free or subsidized health insurance and gym memberships.
On-Campus Entertainment and Socializing
Your student ID will likely give you access to all kinds of subsidized or free on-campus entertainment and socializing, such as happy hours, parties, sports, concerts, theater, etc.
At on-campus and off-campus retailers, as whether they offer a student discount, especially for big-ticket items like computers.
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