Published Nov 14, 2008
niecynoo32
2 Posts
I'm getting ready toapply for nursing school, but am worried about the costs involved. I have the funds to pay for school, but since it will be required for me to go to school full time during the day I will have to quit my job and find a new one. Currently I am in insurance sales and fear that I will not be able to afford my living on a smaller income. Also, I am a single mom, which makes the daycare situation hard too. Any suggestions on what I can do to mantain an income but still attend and complete nursing school?
lklin09
63 Posts
You can apply for private loans that can supplement your income while in school. Talk to your financial advisor at school for recommendations. I know that Sallie Mae offers these types of loans.
Jules A, MSN
8,864 Posts
Hi,
Is there another single Mom you can team up with to juggle babysitting? I've always wondered why single Moms don't get together as roommates more often to help each other. Anything you can do to cut down on your expenses would help ie. no need for cable TV you won't have time to watch it, lol. Good luck and definitely don't give up!
Keepstanding, ASN, RN
1,600 Posts
blessings to you. i hope you are able to realize your dream. good luck ! :heartbeat
NewNurse626
37 Posts
God Bless you!!!
when there is a will there is a way!!! there is so much truth to that!! Maybe your school offers daycare programs. apply for financial aid and scholarships! nursing school is a constant test. It tests your faith, strength, endurance and intellect. You will be surprised! I worked during nursing school for minimum wage and miraculosy had enough to get by. everyones situation is different.. but if you truly love it, it has a way of working out! Good Luck to you!
:wink2:
NeoNurseTX, RN
1,803 Posts
Look into scholarships. Also, some hospitals have tuition reimbursement, but I wouldn't count on it just in case.
Flightline, BSN, RN
213 Posts
I cannot in good conscience recommend working during the semesters you are in school. If you're nursing school is anything like mine was, you will not be able to be a mom, bread-winner, and full-time student. In my opinion that is a recipie for failure. You will perform poorly at work, at school, and as a parent. You would do better to make a go of your insurance profession (broker liscence, agent, whatever) or something more latteral like retail management, business management, that sort of thing.
If, however, you can get a loan to cover your costs of not working and that cover the costs of tuition, books and fees, then go for it.
But my friends and countrymen, there are other professions besides nursing. Is there no money to be made in insurance? Business management?
Well, I have grants that have been covering my tuition and book costs. As far as making money in insurance, yes there is money to be made. I do not, however, have any wish to continue in this career. In order to actually make good money I would need money to open my own agency, if not it is just a dead end career that gives me no fullfillment.
I cannot in good conscience recommend working during the semesters you are in school. If you're nursing school is anything like mine was, you will not be able to be a mom, bread-winner, and full-time student. In my opinion that is a recipie for failure. You will perform poorly at work, at school, and as a parent. You would do better to make a go of your insurance profession (broker liscence, agent, whatever) or something more latteral like retail management, business management, that sort of thing.If, however, you can get a loan to cover your costs of not working and that cover the costs of tuition, books and fees, then go for it.But my friends and countrymen, there are other professions besides nursing. Is there no money to be made in insurance? Business management?
I totally respect that you couldn't have worked and been successful in nursing school but that is not true for a majority of people in my experience. I'm no rocket scientist but I worked and graduated among the top of my LPN and RN class. I couldn't in good conscience advise someone to run up a ton of debt by taking loans because they didn't want to try and work while in school.
DA314
362 Posts
I think a happy medium would be to try to work part time. Also look into WIA. You can apply for it through your local unemployment agency (even if you still have a job). If you meet the income criteria, somtimes they will pay for school and a monthly stipend.
Also, there are income-based scholarship programs that pay you a onthly stipend while you are in school, in exchange for x amount of work after you graduate. Check your state's Board of Nursing website and look under education.
Lastly, do not rule out loans. If you are good at managing your money, taking out enough to live on is ok. I have taken out some loans, with a clear plan on how to pay them back. I'm very good with money and won't have any trouble budgeting them in.
As far as daycare, try finding another nursing student to help with that. Or see if your school offers daycare. Some do, and you can use financial aid to pay for it.
Good luck to you!