Student Loans

Nursing Students Pre-Nursing

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HI -

I'm curious to find out how much money new students are borrowing to live on/stipend in their first year of school?

I'm getting ready to start school Winter quarter & I'm not going to be able to work full time with my school schedule being so hectic. I will need money to live on while in school.. rent, food, bills, car note ect.. I don't want to put myself in a bad situation but I have to live & take take of my daughter.

Any feedback will be much appreciated!

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Im glad you posted thisbecause I am curious as well. I just need a loan to pay for my car note, car insurance, and miscellaneous. I don't want to take a chance with working. I plan to transition to prn in late November.

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I'm so lost on what to do. There's no way I can work full time with my school schedule. The only way I can go to school is to work part time & that surely won't pay my bills. I've been trying to google how much people typically borrow. It's scary.. Makes me a nervous wreck! ?

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Specializes in Public Health.

If you can tough it out you will be in a much better financial situation. Look extensively into non loan financial aid before turning to loans. You don't want to end up with a lifetime of debt. I worked full time and did my RN program full time and supported myself with car note, rent etc. I didn't take out extra loans bc I used every resource my school offered for payment.

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I currently work full time & I have to quit my job in December because of school. My job will not let me work part time. The hours conflict with school. My only other option would be to find a 3rd shift job & school all day. My school doesn't have night classes. It's going to be tough either way but I'm determined. I would rather not have a lot of student loan burden. Thanks so much for replying! ?

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Specializes in Case mgmt., rehab, (CRRN), LTC & psych.

I worked full-time while attending nursing school full-time. Although the nursing program advisers urge students to not work while attending school, that advice is simply not grounded in the reality in which most of us live.

In my humble opinion, borrowing money for living expenses is a risky gamble that blows up in many peoples' faces.

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It's very overwhelming to think about as well! The thought of borrowing so much money is making me ill! ?

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Specializes in LDRP.

I've been scrambling over this as well. I'm starting an ABSN program in January and everyone in the program says they do not work more than 8-10 hours a week. Clearly this is not enough to pay the bills, so I'm trying to find an amount to borrow for the year that will not put me in a horrible situation after I graduate. :/ And since I already have a BS degree I am not eligible for any sort of grants.

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Did anyone that worked full time & went to school full time have kids? I'm trying to figure out when I would see my daughter if I did this. She would basically live with a sitter.

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Specializes in Geriatrics, Dialysis.

It's tough isn't it? Nursing school encouraged us not to work full time years ago, and years ago the student loan interest rates were so low working part time or not working at all was a viable option. I worked night shift full time through the prereq year and part time through the nursing program years [though never less than a 0.6] and supplemented my income with student loans at ridiculously low interest rates, around 1%. My daughter was in school during the day while I was in school, and I had a supportive husband helping at home. If I had to do it now, I am honestly not sure what I would do. Student loan debt is scary, and unless you have a guaranteed job lined up after graduation I would be nervous about taking on a big debt. Maybe figure out the smallest amount you will realistically need to make it and only take that amount?

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Yes it's very tough! They make it so hard for people to go to school now. It's so expensive! The interest rates are a little high for students. It sucks! The way I figure my first year is going to be my most expensive. I plan to work as an LPN after my first year while going to school for RN. Unfortunately in order to make my dreams come true I'm going to have to go into debt my first year. It's just my daughter & I. I'm doing this for us! It will definitely be worth in the long run.

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Most employees pay back student loans... you should definitely look into that. Starting January I will be taking out loans and doing work study.

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