How easy to get loans for CRNA school?

[nurs1ng]

Hi all,

First off, I'd like to thank you in advance for reading and potentially posting any comments/feedback.

I'm about to purchase my first home valued at around $400k - $500k for my family.

I plan to apply to CRNA school in about 2 years' time.

How hard will it be for me to qualify for student loans to pay for the full duration of the CRNA program, considering that I'll already be in debt?

(Side note: I will not be working for 2 years during grad school. I'll have renters rent rooms to cover most of mortgage expenses).

Thanks again.

[mace8704]

It is very easy to qualify for an unsubsidized loan from the US Department of Education for graduate school. Keep in mind, these loans will accrue interest at 5.84-6.21% while in school, but payment will be deferred until after graduation. This will give you $20,500 per academic year. The financial aid office of whatever academic institution you're accepted into should walk you through it. After all, they have a vested interest to keep you in the program. The financial aid office should also help locate loans for additional costs accrued while in school including cost of living expenses.

I'd encourage you to explore the US Department of Education website: https://studentaid.ed.gov/sa/types/loans/subsidized-unsubsidized

[crnahopeful2]

My school emailed us this national "budget" and won't pay out ANY financial aid (federal or private) above and beyond tuition + this budget allotment. Is this common across the board? Do all schools do this? The numbers here aren't tailored to what area you live in, which could vary drastically in terms of the cost of living across the country. Curious how people would live on such minimal income (especially in the more expensive cities) when they're used to making nurse salaries. You've gotta have a pretty decent savings stashed away one would assume?