**Samuel Merritt ABSN Summer 2011**

Published

So, who applied?

IM IN!!!!!! IM IN!!!! Ahhhhh!!!!!! Just got the call for San Mateo!!!!! I am sooooooo excited!!!! Thank you for all your support!!!!!

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Yay congratulations malrey! I'm so excited for the journey were all about to start! :D

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Hi would just like to ask if it is possible to work part time while in school?

Any advice on how to get private loans?

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Hooray mal!!!!!

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congrats, Mal!

there is a facebook page for san mateo ABSN summer entry students! Join so we can begin our connections! Search: Summer 2011 San Mateo ABSN (Samuel Merritt)

im so excited to start the program! wooooo!

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Hi would just like to ask if it is possible to work part time while in school?

Any advice on how to get private loans?

what campus will you be attending? what is your background ie where did you go to school? was it a quarter system or a semester system?

I got a wells fargo med cap loan.

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I got a Wells Fargo Med Cap Loan also. There's information on the Financial Aid Award Letter about where to look for applying for the Private Loan. Sallie Mae is not listed on there, but SMU does work with Sallie Mae. If you don't have a long credit history and/or bad credit you might need a cosigner. So I would STRONGLY recommend you check out your credit reports. I believe Wells Fargo uses Equifax. Trust me on this last point - the best place to get an accurate credit report and credit score info is from myfico.com.

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Congrats Mal!!!!!!

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Thanks everyone for all the congrats! I am soo excited!!!

In regards to the private loans, I looked into the Wells Fargo Medcap and so far it looks to be the best for me but I have a few questions for those who have chosen to go this direction:

1. My husband and I have strong credit histories but according to the information I looked up they also require a steady income. My husband has a full time job at Apria Healthcare, do you think his job alone would allow us to take the loan out on our own? or should we try to find a cosigner??

Thanks!!!

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Hey Mal, the Wells Fargo Loan you would be eligible for is the MedCap Alternative Loan for Health Professionals:

https://www.wellsfargo.com/student/loans/professional/medschoolloan

The most you can borrow from this loan for Nursing is $75K. It only takes about 2 days for them to tell you if you qualify. You can apply online. They email you updates and you can check the loan status online.

This is the loan I applied for; I have noone that can cosign for me, but I got approved on my own: my credit is good, not very good or great, but good. I think what helped me was the fact that I have a 20 year credit history. They did not ask me for Tax Returns or Pay Stubs. I would recommend giving this a try first. If you can find someone who will cosign, you will want to find someone with good to excellent credit history; having a cosigner with bad credit won't help at all. Also having a cosigner with good credit history could get you a lower interest rate - keep in mind the loan term is 15 years so the interest adds up to a signficiant amount of money. Good luck; hope this helps.

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What is the ATI Testing all about? Does anyone know?

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@ OakRN: Thank you for helping!! Should I try and apply for this medcap loan before I go in to talk to a finacial aid counslor or get my financial information? I Just sent my deposit in today, how long after should I recieve that info?? Oh and I think ATI is referring to the TEAS test. THANKS again!!

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