Advice needed from nursing student or any DePaul nursing student or alum

[sweetie23]

Hi guys! I'm planning on entering the MENP program at DePaul this upcoming January. My financial aid came in few days ago and I was offered federal loans of about 36,000 together for the winter and spring quarter. Tuition cost about 77,000 for the whole program excluding housing and etc. I was wondering if that's how most of the DePaul student finance their education during the program. Some people told me there's always other route to get into nursing instead of being in such huge debt. I have about 39,000 of loans from undergrad and will probably ended up taking out loans about 100,000 for the DePaul program. Is this worth it or should I wait and apply to cheaper state schools? I have other programs that have accepted me also but they are all BSN program. Since I have my bachelor already, the only financial assistance I get with these accelerated BSN program is parent plus loan and in no way my parents can afford it because they work at very low income job and it's impossible to pay off my loans for me. It leaves me no option except Depaul because it is a graduate program so I can get gradplus loan myself without my parents. My other option is wait till I'm 24 so I can be consider independent on fafsa and my parent won't be involved with my financial aid. I'm just wondering if that's what most depaul menp program student is doing to finance their education there. I really don't know what to do because it's a huge amount of debt but I am investing in a future, my master, and my education. Please give some advice

[Marsha238612]

Well I'm attending a cc because I don't want to have a huge loan waiting for me when I graduate. I'm doing my ADN there and then find a job and finish my BSN either online or a 4 year uni.

I'm petrified of debt, especially in such a high unemployment rate for new nurses in Chicago

I know cc programs have few vacancies but IMO is worth it because if the low cost.

Good luck to you

Sent via my iPhone using allnurses.com ❤️

[schnookimz]

I would never take on that much debt to be a nurse. You'll be paying it off forever.

[Suey816]

You can use this calculator to figure out what your payment will be after graduation -> FinAid | Calculators | Loan Calculator. If you get your RN from community college instead, you could work as an RN while doing RN to MSN, and possibly get tuition reimbursement from your employer.