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I am joining Acceler" BSN in summer 2008 and I have come to know from my school's financial consultant that I would be getting student loan of $21,000 ONLY Thru FAFSA out of $35000 fees for my program and I have to arrange rest of money on my own. Can anybody suggest me is ,there any way I can apply for additional loan for remaining amount from other organizations ?

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I hope I can help, I think I'm the queen of finacial aid stress.

I'm going to give you my situation since I don't know if you are a dependant or not, or if you can have any parental assistance, or even what types of aid you are recieveing from the fafsa.

I do not recieve grants--my parents make too much money, and I'm only 20 so I'm still a dependant.

I live on my own, in another state seperate from my parents. They make "too much money" to the government, but are unable to give me ANY money at all towards school.

When I first started nursing school, I recieved both of the stafford loans, the subsidized and unsubsidized. I was able to get both because my mothers credit was bad, and she was denied for the plus loan which enabled me more gov. loans.

This semester, she was approved (we are still trying to figure out how hehe). So I no longer get both gov. loans, only the one most people get because she cannot afford to make payments on the PLUS loan.

So, from the gov. I get approx 2000 a semester which is no where near my 6500 I owe per semester.

I had to get a private loan through Sallie Mae.

Depending on your age and credit, the interest rates can be quite high, but generally they approve anyone. My parents refused to cosign (my father is unwilling, but able) so my boyfriend cosigned lowering my intrest rate from 15% down to about 8 %

I hope this helped, and if it did not please let me know your age, if you are a dependant or not (if you are married, have a kid, in the military...those things can exempt you before the age 23 mark) and also if your parents are willing and able to help you in any way and I will see if I can help you!

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Thanks for the information. I am married and have two children below 5 but my husband is supporting me very much and he has a good job and we make a decent living. I will look over your suggestions.

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Specializes in ER, CCU.

Not Sure If I Can Offer Anything But I Has Some Serious Financial Aid Problems. I Applied To 15 Different Companies For Private Loans When Fafsa Wasn't Enough, Got Turned Down By All Of The Them Because Alot Of Them Are Need Based, I Made Over 30k A Year. Now I'm Quitting My 30k Job To Take A 15k Job So I Can Go To School Full Time, My Mom Had To Cosign The Private Student Loan For Me So I Could Pay Off A Whole Lot Bills. This Might Be Your Only Solution But Trust Me Try To Avoid Private Loans If At All Possible, My Payment On This One 18k Loan Alone Will Be Almost $300/mo Once I Graduate And That Doesn't Even Include Any Of The Gov't Money I've Received. But I Do Know The More Dependants And The Less Household Income The Better Chances You Have Of Getting "free" Money. So We've Decided For My Husband Not To Work, And Me To Continue To Work At A Local Hospital Because They Offer Tuition Reimbursement So Fall Of 09 I Ought To Rack Up In Grants.

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Hello! I just joined the team and its so nice to sign up here. I feel like im not lost anymore and I get lots of support. THis is great. I have the same problem. I really wanted to start this Fall for the RN program but I dont know where to start in getting or applying loans. Currently, I am full time and make above average and my husband makes more than me. Are they going to based it on our household income? THe thing is, I will have to resign and need something for back up. I need advice please.

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I applied for the Education Connection Loan from wells fargo and got approved within a week for $25,000. At the time I was working 30 hours a week at $16/hr so I guess I "qualified" but it seemed like a piece of cake to get the loan. Basic loan that you can defer payments until 6 months after you are done with school.

Heres the website url

https://www.wellsfargo.com/student/undergrad/education/

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Did they give you the full loan amount? How's that gonna work?! Thanks for the info.

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Did they give you the full loan amount? How's that gonna work?! Thanks for the info.

I got the full $25,000 due to the fact that I applied while I was working and quit as soon as I got the loan. I was worried about running out of money later on and having to apply for a new loan. I wasnt sure if they would give me anymore money once I wasnt working unless I had a co-signer so I figured I would just bite the bullet of paying interest on money I might not need just so that I have ultimate security. I know that once I am a nurse I can work a little bit of overtime and budget well in order to pay back the loan quickly so I wasnt worried so much about the loan after but just how much money I would have before I became one.

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Were you in the program or before the program started when you applied the loan?! I will definetely check on that and I can probably try the FAFSA as well and see if it will get approved. Thanks alot for the info.

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Were you in the program or before the program started when you applied the loan?! I will definetely check on that and I can probably try the FAFSA as well and see if it will get approved. Thanks alot for the info.

I am still completing my prerequisites :-[

I wanted to make sure that I got good grades and wasnt distracted by a job.

I'm happy this helps. If you have anymore questions feel free to PM me

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