I am currently employed full time while attending nursing school (ADN program, average 9-10 credits a semester). I have been employed for 4 years now full time and returned to school in the Fall of 2009. My research job is likely going to be cut in 3 months due to a variety of factors, mostly lack of funding.
I am looking for another job (many applications filed already) but considered the possibility of collecting unemployment while finishing my last year of nursing school. I started doing some research and the fact that I am attending nursing school may disqualify me from receiving unemployment benefits. It has something to do with being unavailable to work, which is not true in my case. I can easily work 2nd or 3rd shift and/or weekends, just not a typical Monday - Friday 9-5 job. I have worked full time throughout school and planned on staying employed the entire time. I have excellent grades so far showing that work has not impacted my school performance.
I just bought my first home and have 2 children, and already live on a strict budget, so cutting expenses and living off one income is not realistic for my family.
Does anyone have any input on this situation? I am now really concerned at what will happen when my job is no longer available.
ETA: I have a previous Bachelors and large student loan burden, so living off financial aid is not a possibility.