[msnursealot]

http://money.aol.com/news/articles/l...17173709990002
ouch ...I'm guessing it's not looking good for a Sallie Mae Tuition Answer Loan

[JumpNurse]

That is making me very nervous. Looks like I picked a scary time to go to a very expensive school.

[jen123321]

I didn't see anything in that article that was talking specifically about the tuition answer loan?? It was all about Federal loans, not private.

[linemen30]

Not sure where you are going to school, but did you check with the CRNA groups for $. I don't know where you live but Sheridan is giving anywhere from 20-40,000 for 2 year contract after school. They are in 13 states. I am in the same boat, trying to fiqure out how to pay for my dream. Did you do grad plus loans?

[msnursealot]

Well guys I said that I would keep everyone updated on the $$ search. Here's what's happened & it aint pretty. Finally talked to someone again at the FinAid office. When I asked my Total cost of Attendance/educ for my program I was told $28k...I was expecting a much higher figure, but I didn't say a word. I kept my big mouth shut. The lady on the phone was very nice, but after she gave me the figure she said: "Your unsubsidized is $19k which is very close to your full cost..if you decide to get an outside educ. loan it will have to be certified by the school-so you would need to turn down the unsub staffor b/c that would be too much"...Me:"Oh yes, I understand" What I was really thinking is: (But doesn't she realize this is an Anesthesia Program & I cannot work---I still have all the living expenses of a real adult--not the typical grad student??) I know we have discussed it over & over but--which Student Lenders (that are actually still lending) don't require certification from the school??? Which places do you guys know of that people actually used. I've searched them all too..but I cannot tell you any that someone actually used except BankOne & they are not an option anymore...What are some of you guys going to do for living expenses????

[badgernurse]

I sent you 2 emails.

[smileyRn96]

Citi bank and wells fargo offer private loans...I checked into wells fargo and they will give me 25,000 yr not sure about citi bank. The interest is high on private loan like 10-12%, but if you need the money.
-Smiley

[neurogeek]

I chose to take the Stafford for $20,500 and the HELP loan (specifically for med students & graduate nursing students) of $10,000. I already paid a $1500 deposit, so the grand total for Fall/Spring is...drumroll...$32,000! Yippee!

[GmanRN]

I just got approved for my Federal Loans through TWU. I dont have the information in front of me, but the amounts were like 22500 and 162000 per year.

The Grad Plus is for 24 months of the 28 month program, but the Stafford is for a 3 year period. I guess they mean the extra 4 months.

What I didnt ask, and some of you might know, Is for those last 4 months will i get a full years disbursement or some prorated portion of the 22500 that i was approved for?

Thanks,
GMan

[GmanRN]

Wells Fargo and Chase both offer alternative loans that dont have to be certified by the school.

Wells fargo will give you 25k per year at a decent interest rate. Chase will give you 40k per year, but the interest rate is variable and CAN be as high as 12 %.


My question is since the Ft worth programs are 28 months, which is two full years and part of a third year, would the disbursement be the same for the third year? Or would I have to take out all the loans I needed the first two years and make them stretch to the 3rd.

I know the Stafford or Grad Plus (not sure which) is a 3 year disbursement, but even so do they disburse the same amount every year?

Gman