Published Feb 3, 2017
tdupreez
4 Posts
Hello everyone!
So I am really interested in going to Chamberlain College of Nursing in Atlanta Georgia. But I am concerned if my federal aid would pay for all my tuitioname and expense cost. I am a dependent on my parents, not married, no kids, and under 24. My parents arent rich and they cant be a cosigner to any loans due to credit scores. I did qualify for Pell Grant and Hope Grant. I will lose Pell grant due to my credit hours exceeding the maximum limit over the summer though.
So if ya'll would be so kind to disclose, how much federal direct loans can you get for each semester at Chamberlain in GA?
Did ya'll also get the school loan as well?
What other methods are you using to pay for Chamberlain?
I really don't want to take out any private loans.
MrChicagoRN, RN
2,604 Posts
Any money you borrow,you have to payback,no matter who lends it to you. Chamberlain is good, but expensive. Government loans will not pay for all your tuition and expenses. I'd suggest talking to their financial counselor, but if you don't want private loans you are going to have to find a cheaper school and/or get a parttime job.
Future_GA_nurse, CNA, EMT-B
115 Posts
your best bet is to speak with someone in financial aid. Good luck
rainydaysoo
91 Posts
If IFC is 0000000000, You'll received $5,821 a year, as that's the max for financial aid. You will have to take out loans to cover the rest.
FutureRNTrisha
5 Posts
If your EFC is 000000, you can only use $5,821 per year towards tuition? That's so weird! ;c I'm looking to apply to Chamberlain next week.
Great! Let us know how it goes.
Yes it is weird, especially since Chamberlain is a little pricey.
elkpark
14,633 Posts
Why is that the Federal government's and taxpayers' problem? There are plenty of good quality, reasonably priced nursing programs. If people choose to go to an outrageously expensive for-profit "school," that's their choice.
^^^^THIS
While some private colleges may give a better financial package to needy students, this is usually due to endowments and donations to a specific school, often from alumni. Think Yale, Harvard, Columbia, Northwestern, etc. But for-profit schools usually don't get these donations as for-profits are intended to financially enrich stockholders or private owners.
While many readers to this thread may be potential students, you are all also lifelong consumers. You wouldn't expect to buy a new Lexus or Cadillac for the same out of pocket expense as a Chevy Spark, so why would you not pay more out of pocket for a more expensive school?