[bfrdncr41]

that would be cool if we were!
Do you know if we can do any other type of loan? The only thing I worry about at this point is money.

[bfrdncr41]

Also can my fiance co-sign on the sallie mae loan since we aren't married yet?

[tsalagicara]

Hi ladies, sorry to say that I can't go to DSON after all. My mom doesn't want to be the co-signer for such a big loan, and I have no one else with great credit willing to co-sign with me. I wish there were other financial aid available, because it's a good school. However, for me, the Sallie Mae loan would have had a variable interest rate of 11%, and the payment after I graduate would have been about $520 a month. There's no way I can afford that, even as an RN, not with a child and several other bills to pay. It's too bad. I will be going to Concorde, however, for their LPN program. It's not cheap, but I will get full Pell grant for both financial years and Stafford loans, so that should cover it. Good luck to all of you that are DSON students and those considering going to DSON. I wish that others won't have as much financial difficulty with it as me. Best wishes to all future nurses!

[bfrdncr41]

good luck to you in your endeavors!! It will work out for you one way or another

Originally Posted by tsalagicara

Hi ladies, sorry to say that I can't go to DSON after all. My mom doesn't want to be the co-signer for such a big loan, and I have no one else with great credit willing to co-sign with me. I wish there were other financial aid available, because it's a good school. However, for me, the Sallie Mae loan would have had a variable interest rate of 11%, and the payment after I graduate would have been about $520 a month. There's no way I can afford that, even as an RN, not with a child and several other bills to pay. It's too bad. I will be going to Concorde, however, for their LPN program. It's not cheap, but I will get full Pell grant for both financial years and Stafford loans, so that should cover it. Good luck to all of you that are DSON students and those considering going to DSON. I wish that others won't have as much financial difficulty with it as me. Best wishes to all future nurses!

[salsaking]

Anyone can co-sign for you for the Sallie Mae loan..... the interest of the loan is what kills you though. I wish the loan didn't begin accruing interest until after you graduate, how do they expect you to pay the interest on a 36,000 loan while attending school on a full time basis? Didn't they strongly discourage working while attending school? Once I get a loan (if I get one) then I will have to worry about getting a job that can fit around my schedule because I will need to support myself somehow.

[bfrdncr41]

I agree, it really doesn't make a lot of sense. I wish the school took federal loans, that would make life so much easier. I am hoping to get a student loan through my credit union which will have much lower interest and won't accrue until after school ends. Where are you planning on moving? Where do you live now and where did you attend for your pre-reqs? I am in Mission Viejo and attended Saddleback College.



"Anyone can co-sign for you for the Sallie Mae loan..... the interest of the loan is what kills you though. I wish the loan didn't begin accruing interest until after you graduate, how do they expect you to pay the interest on a 36,000 loan while attending school on a full time basis? Didn't they strongly discourage working while attending school? Once I get a loan (if I get one) then I will have to worry about getting a job that can fit around my schedule because I will need to support myself somehow."

[salsaking]

I've lived in Long Beach and Fullerton for the last couple of years. I attended Cypress and Fullerton college for my prereqs. I'm not quite sure where I'm gonna live, I'll probably rent a room somewhere near the Denver area. Is your family/fiancee moving over with you too?

[bfrdncr41]

good deal, where have you been applying? Going to look around in the Denver area, my fiance is moving with me. I'm really excited and ready to get going!!

[salsaking]

I've applied at Cal State Long Beach, Cal State LA, Cypress, Harbor, Long beach city, and El Camino....... got tired of all the rejections and waitlists.

[GizmosMom]

From salsaking:

I wish the loan didn't begin accruing interest until after you graduate, how do they expect you to pay the interest on a 36,000 loan while attending school on a full time basis?

You've got to pay interest on the loan WHILE IN SCHOOL? I didn't know that

Didn't they strongly discourage working while attending school?

Yep. If you've gotta' pay interest WHILE IN SCHOOL, I don't know how I can do it either. I don't know how anyone can do it. Oh I know - You just tap your trust fund