Loan Amounts? .. .

  1. Hi, I was just curious to see what your loan amounts were when graduating and becoming an RN...

    I am working full time now, and have $3,000 in loans from previous semesters, which now have nothing to do with nursing...

    I'm taking my prereq's now & working full time, so I wont be taking out any more loans til Nursing school..

    I think I may just take out a larger amount so I can focus only on school.. It takes a lot of focusing and time for me to understand the concepts completely, but that would cost about $25,000 for living, tuition & books.. and that number really scares me...

    If you could let me know what you did & how it worked for you I would appreciate it!
    •  
  2. 9 Comments

  3. by   Lisa CCU RN
    Don't be scared. I'll have around 60,000.
  4. by   fultzymom
    I walked out with $20,000 in loans. With my hubby's we have almost $40,000. Payment on that for 15 years is about $400 per month. Not quite but almost.
  5. by   DaughteroftheKing
    I know if I go through FAFSA I can get loans, but they are only for $1500 a semester, and thats not gonna cut it... Where did you guys get yours & were you able to defer the payments until after you graduated?
  6. by   futurecnm
    I am at a community college, and it will be betwen $6000-$7000 for the 2 years. I'm paying as I go, we are lucky to have the money for me to do this. Many people are getting loans.
  7. by   ben123
    Quote from CRNASOMEDAY25
    Don't be scared. I'll have around 60,000.

    WOW! Here in california it is $20 a unit. So like $700 a YEAR including books. Probably $2000 for the full RN including uniforms, and nclex fees etc.. It is an ADN so where I work I will make $200 less than a BSN, however they give us $10,000 a year to continue our education. Pretty fair deal I think.
  8. by   New CCU RN
    I went to a private university that cost over 25k per year. I did it b/c I was 18 when I was picking out colleges and was a little clueless. However, I got a lot of scholarships for grades and for athletics. I ran XC, and Track all four years. Between the two of those, 3/4 of my tuition/room and board was covered. After the help from my wonderful parents, I walked out with 10k in student loans. They have a 3.125% interest rate, so when I pay it off, I pay it off... no rush for me personally.
  9. by   smk1
    I'll finish the ADN with about 15k in loans, but I have to take a bit extra to pay for childcare and i don't get much in the way of grants. Still it is worth it to me.
  10. by   DaughteroftheKing
    Quote from ben123
    WOW! Here in california it is $20 a unit. So like $700 a YEAR including books. Probably $2000 for the full RN including uniforms, and nclex fees etc.. It is an ADN so where I work I will make $200 less than a BSN, however they give us $10,000 a year to continue our education. Pretty fair deal I think.

    wow that is so awesome! maybe i should move to ca & go to school! ..

    ours is $65/hr.. so with fees and everything they said it should be around $5000 ...

    But thats not the thing Im worried about, I could pay that off just fine..

    I just wanted to stay home while going to school, and thats whats going to be expensive...

    But Ill just have to pray about it, and I have a semester or two before nursing school to figure it out..

    Thanks guys!
  11. by   Imafloat
    I borrowed 39K. I used some of it to pay for top notch daycare for my 2 youngest children. There was no way I would have been able to focus at school if I was worried about my kids. My school was about 10000 a year, I got some scholarships and paid for some of it. I have no regrets, my payment is about 415 a month for 10 years. Part of my loans are Nursing loans and Perkins loans, which will be forgiven if I work in a high need area for a certain amount of time. Our whole state is high need so I am not worried about that part of it.

close