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How do you pay tuition?

Posted

Specializes in Anesthesia. Has 7 years experience.

Just wondering how everyone pays their tuition. I'm paying out of pocket because I received no financial aid. I do not want to take a loan out, but it does sound tempting. I owe $1600 for spring, which will force me to live light! I'm going to have to pay $400 from each paycheck that I receive for the next two months! I'm going to have to start picking up more hours at my part-time job to help supplement my income. Talk about living paycheck-to-paycheck! This is very difficult for a frugal person like myself, haha!

I work for a hospital that won't let me advance to nurse 2 if I don't get my BSN, so I have to get it! The pension and job security are amazing there, so I can't leave either!

Will OU let me register for summer courses if I still owe money for spring??!!

Most people that I know who are actively working as an RN get their BSN online. I would HIGHLY suggest taking an online public university BSN program because they are a lot cheaper. I know NY, OK and LA have online RN->BSN programs for under $10,000. I know it sounds expensive but when you go to a public school student loans arent so bad. I would invest $10,000 in my future to become a Nurse-2. But yes, student loans are something we want to avoid but it really makes life easier!

joanna73, BSN, RN

Specializes in geriatrics.

I was living on my own when I returned to school for my BSN. Canadian schools don't offer BSN online programs, so I spent 4 years in class and working. It wasn't easy, but I had a purpose. I graduated with 38,000 in student loan debt two years ago. I had some savings prior to entering school, and I worked full time from April to September. I also didn't have cable tv or a cell phone for the entire 4 years to save money.

KOUStudent

Specializes in Critical Care, Pediatrics, & PACU. Has 24 years experience.

My employer provides full time employees with tuition reimbursement of $2500 per year. The rest I pay out of pocket. I can only take one class at a time due to a job with a lot of call. OU has a payment plan that allows you to pay the tuition over a 3 month period.

out of pocket so i can pay my loans off... it's really adding up and it's rough

kayarm213

Specializes in L&D and OR. Has 9 years experience.

Taking loans right now. I get a small amount of tuition reimbursement from my employer but not much. Not ideal but it's what we can do right now!

This is a big concern for me. I am in school for job security. But I'm an oldtimer. I don't want to be taking on huge loans at a time I should be saving for retirement. I figure I will be working another 10 or 12 years. My hospital is going for Magnet, so my manager strongly suggested I get my degree, because without it I could be on the chopping block.

With on line classes, I think tuition should be cheaper because there is a lot less time the intstructors are putting in. Once the format is in place, there is little for them to do but grade papers and review discussion boards.

But I digress, I am going to pay what I can, I do get some tuition reembursement and spread out classes to avoid taking on a big debt.

Inimica18

Specializes in PICU. Has 4 years experience.

This is a big concern for me. I am in school for job security. But I'm an oldtimer. I don't want to be taking on huge loans at a time I should be saving for retirement. I figure I will be working another 10 or 12 years. My hospital is going for Magnet, so my manager strongly suggested I get my degree, because without it I could be on the chopping block.

With on line classes, I think tuition should be cheaper because there is a lot less time the intstructors are putting in. Once the format is in place, there is little for them to do but grade papers and review discussion boards.

But I digress, I am going to pay what I can, I do get some tuition reembursement and spread out classes to avoid taking on a big debt.

It is surprising to me that a magnet hospital doesn't offer better tuition reimbursement. From what I read here, I guess I am lucky to have a good tuition assistance program within my hospital. I don't have to take out loans because the organization I work for offers $20,000 upfront to anybody that wants to further their degree as long as it is useful to the organization of course. The drawback is that you have to commit for two years post degree completion, if you choose the upfront tuition option.