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1. Pay with cash as you go. I paid for my BSN completion program via cash while working full-time night shifts as an RN.
2. Obtain student loans if you feel you must travel down this route. As you know, you have the option of federal student loans and private loans. A handy rule of thumb is to never borrow more money than you'll reasonably expect to earn during your first year of working as a nurse.
3. Look into scholarships that the school you attend may be offering. Many scholarships go unclaimed each year and this is such a shame.
4. Find a job that offers a good tuition reimbursement program.
I highly recommend creating a budget and seeing where you can cut costs. After a year where I let go of my budgeting routine, my financial habits went a bit south. Now that I'm back into budgeting and tracking where my money goes, I've found a lot of unnecessary spending- eating out, entertainment purchases, etc. that I could really be using that money in more constructive ways. What can you cut out of your budget and put towards tuition instead? Can you increase your work hours or get a part time job if you aren't working? What scholarships have you applied for? There's so much more to funding education than asking strangers for money.
AshleyAnnBandyk
1 Post
I will be graduating on May 18th and the only way I can immediately continue my education would be to pay out of Pocket. Every tip helps, please! God bless