What Would You Do?
- 0Apr 14, '13 by Insomniac-88-I'm 24, and currently working as an RPN in Ontario (2012 grad)
-Single, no children and currently living at home with my parents
-Prior to enrolling in the RPN program, I took a couple semesters of a Health Sciences undergrad program
-With that, plus my RPN program, I owe OSAP a little over 20k
-I currently have a permanent part-time position (48 hours/pay)
I'd like to return to school and complete my RN. At this point in time, I can't go back full-time. I do have a car payment/insurance and a few other bills to maintain so giving up my RPT isn't an option.
I'd need to go back to school on a part-time basis. My options would be either attending Nippissing University, which would be a blended learning program that is mainly online OR attending McMaster University, since they offer the program on a part-time basis, but it would be in class (which is about a 35-40 minute drive from where I live) My local university (Brock U) doesn't offer the program on a part-time basis.
Given my situation, would you take out further OSAP to fund returning to school part-time?
My issue with where I am right now is that I'll likely never make much more than I am right now. If I go full-time, the difference in pay will be minimal. I also don't have many if at all travel nursing options, which is something I've always wanted to do. Ultimately, I know I won't be content with remaining where I am.
The financial issues are what keep me on edge regarding going back or not, but as of late I've been looking at it as a greater reward in the end. Yes, I'll increase my student loan debt, but in turn I'll end up making a higher income and it will pay itself off. Am I thinking in the right direction?
- 5Apr 14, '13 by ruralgirl08How about compromising by knocking down your current student debt at minimal in half, and then starting classes next year part-time. I think most people learn better in class, but I guess it depends how you learn that really counts. How long will it take you to complete? And what is the estimated tuition costs? I think its important that you are considering the debt issue. Once you move out and have more responsibilities, student debt can be a ball in chain, even on a bit higher salary.
- 0Apr 14, '13 by xokwI have also been debating between these options. I am graduating next week and have been accepted into the McMaster bridging program. I worked, probably too much, to complete my PN program debt free but McMaster will cost about $7300 per year plus parking, books etc. I have also looked into Nipissing and over the 5-7 years it will take to complete their blended program it will cost about $25 000. Similar cost wise in the end I guess but be aware you will not be eligible to apply for OSAP unless you are taking 60% of a course load, which may not apply for Nipissing.
- 3Apr 14, '13 by dishes GuideCheck if your employer offers tuition assistance and apply for reimbursement through the RNAO nursing education initiative for $1,500/year. Any courses that you pay for and do not receive reimbursement can be claimed as an income tax deductions. Take as many steps as you can to avoid more debt.
- 1Apr 14, '13 by Daisy_08Id get full time or pick up a second job and pay down your debt. You should also have some savings for exam time and what not.
I was not aware Mac had a pt program. That is my local uni and everyone here who wants to bridge pt either goes to Nippissing or Ryerson.
It is possible to do ft work and ft school, like myself and many of my classmates, just difficult.
- 2Apr 14, '13 by joanna73 GuideYou also need to factor in the difference in pay, which is an investment in yourself, so to speak.
Yes, you will have more debt, but the debt will be paid. I would consider going full time, living at home and applying for loans, grants and scholarships. You're 24...lots of time to pay the debt.
I was 37 when I finished my RN program. 45 k in debt and living on my own. Three years later, it's paid.
- 1Apr 15, '13 by xokwAs far as I know the Mac program is FT, I inquired about pt and was told they do not offer it. The first couple of semesters are only 3 days/week but I know a few girls who are doing it and they said regardless of only physically being there 3 days/week it is still very much a full course load.
- 0Apr 16, '13 by Insomniac-88Quote from xokwOn the McMaster website it states you can take up to 6 years to finish the course, otherwise it's 3 years full-time. If you extend the 3 years, it can essentially be part-time. I did confirm with McMaster.As far as I know the Mac program is FT, I inquired about pt and was told they do not offer it. The first couple of semesters are only 3 days/week but I know a few girls who are doing it and they said regardless of only physically being there 3 days/week it is still very much a full course load.
- 0Apr 16, '13 by Daisy_08Quote from Insomniac-88Its not really a part time program. If you get sick, fail, have a baby, can no longer afford it, its too stressful or some other extenuating circumstances, you can take time off or cut your load down and then must finish with in six years of your start date. Your last year will be full time regardless of what you do as all courses must be done concurrently. All you can really do is take your electives all before starting (or take a year off to complete them like myself). Your at a disadvantage to try and make it into a part time program as the courses are designed to compliment each other. They only offer year one semester one courses in the fall, so if you take 1/2 of them you must wait a full year to take the rest, meaning there is no way to finish in 6 years doing it part timeOn the McMaster website it states you can take up to 6 years to finish the course, otherwise it's 3 years full-time. If you extend the 3 years, it can essentially be part-time. I did confirm with McMaster.