jen0427

I haven't received a financial aid letter yet because I just filed my fafsa yesterday. I did speak with a lady in the financial aid office today. She said the absolute most I would be getting in aid (if I qualify, which I should) would be $17500 for spring and summer (8750 a semester). I will have to apply again in the fall for another $17500. This barely covers cost of tuition, not to mention we have books, uniforms, supplies, etc to pay for as well. That being said, I have been racking my brain and researching private loan options for living expenses. Turns out nobody really wants to lend money above what the cost of tuition is, unless your school can prove it (which I asked and South will not). Most private lenders (banks and credit unions) require that you have proof of income before they will give you a loan. However, I have found one option that sounds the best so far. Wells Fargo offers a loan called the Education Connection Loan and the funds come directly to you, not the school. You can pretty much request any amount you need. There is a 2% origination fee, meaning that if you borrow $10,000 the total loan amount would be $10,200. There are no other fees. You have to have a cosigner with reasonably good credit. Payments are deferred until 6 mo after graduation. Interest rates are variable ranging from 3.5%-12% (credit has a lot to do with it). The number to call is 866-380-1727 if you're interested. I'm still researching options, but this sounds the best so far. I had no idea this process would be so hard. Hope this brings you help.

I did the same and haven't received any other information either. I'm eager to see what our schedule will be like. I'm a little nervous, but definitely looking forward to the challenge of the program. A good friend of mine graduated from the program last December, so I'm at least able to get some knowledgeable help from him. I have been researching financial aid (loans) for the program and it looks like it's going to be a scrimp-and-save kind of year. If you don't mind me asking, how are you planning to pay for the program? Financial aid barely covers cost of tuition...and with a VERY part-time job, I'm thinking I might have to take out an extra loan just to cover cost of living. Nonetheless, I'm sure we'll get some information soon. I'll let you know if I receive any new info. Jennie

Hi there. I found out today that I was accepted into the accelerated nursing program (starting Jan of 2011) at USA. Anyone else know if they've been accepted? Just thought it would be nice to talk with others about the program...share info and maybe acquire some info.