Got a full ride from a top university. Need advice on how to use my income wisely.

I’m 18 and I was recently accepted into UVA last week. My first year is fully covered (tuition, room, food, etc) and as long as my family’s financial status doesn’t drastically change, I’m pretty sure I’ll continue getting about this amount of aid for the following years. I plan on getting a job as soon as I enter college but they said that won’t affect my aid until my third year.

So basically, at the very least for the first two years of college I’ll have my basic necessities at no cost. And if I find a stable job then I could have a lot of money saved up from my income since I wouldn’t be spending it on things like rent, groceries, etc.

I know how privileged and fortunate I am to be in this position and I really want to be careful so I don’t screw it up and waste this opportunity.

What can I do with the income I’ll be making for the next two years? How do I use my money wisely?

(And yes I’m aware I’ll still be paying for certain things like insurances and some personal expenses)