Money for school

Nursing Students SRNA

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Hey everyone. I am starting school this January and I'm a little worried about being able to borrow enough money to pay for school AND to live on. My wife is a nurse also but will be probably not be able to work as we have a young son to take care of also. My question is, what is the max amount that you have borrowed per year to attend school. The program will cost ~$33-$35 thousand total. I figure $20-$25 thousand more a year will be needed to live on. This is overestimating our expenses but anything left over will just go back to the loans when I graduate. Any help will be appreciated.

Jetman

Try this thread:

https://allnurses.com/forums/f16/alternative-loans-heres-what-ive-found-103967.html?highlight=anesthesia+loan

Hopefully the link will work. I did a search on "anesthesia loan" and received quite a few results.

Jennie

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I knew it was here somewhere-

thanks!

PS--I enjoy your BLOG as well :)

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Great info....thanks JennieK!

I guess the majority here feel that loans are the way to go and not to sign on with a hospital or group. I will look into it and way my options.

Are there any SRNA or CRNAs that signed a contract with a hospital that would like to share their experience? How did it work out for you and would you do it again?

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Great info....thanks JennieK!

I guess the majority here feel that loans are the way to go and not to sign on with a hospital or group. I will look into it and way my options.

Are there any SRNA or CRNAs that signed a contract with a hospital that would like to share their experience? How did it work out for you and would you do it again?

I signed a contract with my hospital - but it was part of the package. What I mean by that is, if I got in to the particular clinical site I wanted, I was required to sign the contract. They pay me a monthly stipend and also pay for my health insurance, including prescription benefit (not just crisis insurance, but the same health insurance I got as an RN at this institution). In exchange, I agreed to work for them for two years after graduation. Some may say it is not a good deal, but it has been great for me. I am single, so no husband to pay for insurance, so the health insurance benefit has been great. I would definitely do it again. Just make sure you do your research if you do sign with a hospital or group - check the buyout clause, and also make sure that you are not locked into a particular salary when you sign. For example, I will receive the same salary that a new grad hiring at the same time would get - not the salary at the time that I signed (which would be considerably less).

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I signed a contract with my hospital - .

Sounds like you found a good stipend and it's working for you. I can't blame you for taking it. I'd do the same if I did not have my husband and his insurance coverage.

Jennie

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I knew it was here somewhere-

thanks!

PS--I enjoy your BLOG as well :)

ha! I don't update it as often as I should.....I need to put in an update for this week. My family sure enjoys knowing I'm still around, even though I'm hundreds of miles from home.

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Hey guys, I am starting CRNA school in July in Memphis, and I am stressing over paying for it. I have figured school, bills, food is going to cost about 42000 a year. I already have about 15000 from my BSN I am paying off now. Hopefully I will be able to defer that until school is done. Also have about 22000 in a 401k I will probably be cashing out. I was going to use this money to pay off some of my credit card bills before I got started. Have thought about the Army reserve, but really want to get a family started when I get out and don't want to end up over in the sandbox first thing.

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USe the threads above to locate all of the different loan options availalbe to you. I am the wife of a NG Commander who recently returned from the "saandbox". I was appalled to hear family members state that they can't believe that their husband/wife had to go...If you are in the Reserves, National Guard for the money it has to offer you...you are going into if for the WRONG reasons! When you sign on the dotted line..you are stating that you will do whatever your country needs you to do..not I need the money so this is a good way to get it. Freedom does not come without a cost. My husbands salary dropped by 50% when he was deployed..Now that he is back home and back at work things are better (he's an airline pilot) But he would gladly do it all agian..and we would gladly stand behind him again...so please find a different source for your payment of loans..because you WILL go to the sandbox which is better than the Sandbox coming here!

Loans can be repayed..lots of options available!

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I have already served 6 years in army national guard as a medic. I was just saying i would rather start a family than get out of school, and have to leave suddenly.

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