How in debt were you after Nursing school? - page 2
by lilwonder 8,096 Views | 27 Comments
I'm trying to figure out how much debt I'll accumulate after completing my BSN. If my calculations are right it will be somewhere round $51 000 ! :/ How in debt were you?... Read More
- 0Feb 8, '13 by LadyFree28I have TWO loans:
First loan: Post scholarship exhaustion at a community college (failed ADN first semester), kept my scholarship, but took prerequisites, transferred to another school, started using loans, transferred back. Plus LPN school. Total cost: 17,000 (includes interest)
Second Loan: BSN program at Christian Brother University: 30,000 with interest. Job did not have tuition assistance; fully funded by loans through Sallie Mae Federal Direct loans.
Total: 47,000-50,000 (depending on interest during repayment) dollars after going to three different schools. Eligible for HRSA Loan Repayment Program. Already have a mortgage, going on 8th year of mortgage. Job will cover the bills. Eligible for a 13% increase 1 yr after hire, so I will be able to afford the payments plus any additional principal payments I will pay quarterly in addition to monthly payments.
There are many options in repayment of loans, so look into them after graduation. My life has not necessarily stopped because of my debt. I found ways to travel abroad for leisure, while keeping my payments current. I have a monthly budget and always have 30% of residual after paying bills. Even after saving money and retirement plan. It's doable.
- 0Feb 8, '13 by zoe92I am 20, so am thankful that my parents pay. I am transferring to a BSN program this fall b/c I graduate this spring with an associates in pre nursing. But I am applying for a lot of scholarships from: my mom's work place, Knights of Columbus at my church, military (my dad is retired), and Phi Theta Kappa since I'm a member. My parents are also paying for my sister's wedding & my wedding (both within the next 2 years) so I am really trying to help them out.
- 6Feb 8, '13 by marycarneyZERO dollars, ZERO cents
Worked almost full-time during LPN, ADN, BSN and MSN. Rec. a total of $3500 scholarship money, and $2500 tuition reimbursement (all for the MSN). The rest I just busted my aZZ and lived without fast food, drove a running piece of junk, no vacation, no new clothes, three pairs of shoes total. It can be done. Honest.
- 4Feb 8, '13 by rubatoA big ol fat 0!!!!
I worked my a** off to save enough money to pay cash for my living expenses and books and got a full ride for tuition plus a little extra.
Once I get my ADN, I'll still have cash for my BSN, as long as I go to a local university.
- 4Feb 8, '13 by mclennan$0!!!!!!
During my BSN I got a full ride, merit-based scholarship. That took care of tuition, books & school fees. To pay rent & bills I worked part time as an EMT and CNA, drove a junky old truck, ate rice & beans, gave up booze and going out. Milked the HECK out of every student discount I could get and let my mom treat me to shopping at Target & Costco. (I was 30). Reduced my car insurance down to the bare minimum. Babysat & pet sat for friends. Bought NO clothes, shoes or jewelry. Climbed stairs in my apartment building for exercise instead of gym membership. Had the same crappy, taped-together old flip phone all thru school.
Had to put an unexpected hospital visit for kidney stones on a credit card but I paid that $3000 off long ago.
Be resourceful! Apply for EVERY darn scholarship you can even if you don't perfectly fit the criteria! Look into employer tuition reimbursement! Federal Nursing Loan Repayment program! Work study! Beg family!
It CAN be done!!!