I'm starting nursing school
in August, and I dont expect to be able to work except on breaks and Summer vacation. I was wondering how much to expect to take out in loans, and how to calculate the amount.
My monthly expenses are about $2,000, and the program costs about $10,000. If I did my monthly*program costs, it leaves me with a little over $100,000 debt by the end of the program.
Did any of you experience this or have any other means of supporting yourselves while in school? I'm also the sole income for our household (my mom, daughter, and myself).
How did you calculate how much you'd need and/or get from the loans, how did you manage to pay them off or avoid them?
Any advice is very appreciated, I am terrified of debt since I currently dont have any and always pay my bills early!
So sorry, I was totally doing my math wrong and thinking about 4 years instead of 2! I'd only need about 58k... I did apply for FAFSA and any scholarships I could find from my school's online portal. Other than that, I'm not sure what to look for.
Also, I'm logged into my FAFSA, how can I view how much I would be getting?
Last edit by princesspunch on Mar 13