I've just been accepted into a community college RN program starting at the end of January. I'm really excited, but also worried about how I am going to support myself during school.
I need money for:
-school books, uniforms, supplies, CPR class etc
-food/money to live off/take care of pets/gas
-pay off my credit card debt (roughly 3k), I know I need at least $100/month to make the minimum monthly payments.
My current job is only open Mon-Sat 8-6, closed on Sundays. So I would like to be able to work 1-2 days a week there, but still its not very high paying and not very flexible hours.
I have about $1500 in my savings account for emergencies. I'm thinking about using it all to pay off one of my credit cards, but it terrifies me not to have any back up money.
I know that I will get the BOGG fee waiver which will pay for my units. I believe I will also get some financial aid. However, I know it probably wont really be enough for me to live off of.
So I'm thinking...should I apply for a loan? If so, what loans do you recommend? Is there a certain company? Sallie Mae? How does it work in general? I have never applied for a loan. Any other suggestions?
This financial situation has gotten me really stressed out. I also feel really bad because I don't think I can afford to buy anyone Christmas gifts this year