wanting to become an NP after nursing but it's expensive

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So here is my general question.

I am a 20 year old heading to get my BSN at Linfield college. I really want to go on after I get my BSN and become an NP. I have no children and am not married so everyone keeps telling me to go for it. I have gone to community college for all of my pre reqs and have not had any debt yet, but when i go to Linfield a private school, I will end up in about $60,000 of debt!:down: I know that with nursing i will be able to pay it back down the road, but i want to go tp nurse practitioner school after a year of working as a nurse and specialize in womens health. Does anyone know how much more NP school is and how i can reach my goal in the time tine i want to?:confused: I was thinking about joining the Navy or Army after i get my NP but I really want to start a family after. I have a lot of scholarships and will continue to apply for more but it never seems like i'll have enough. PLease leave tips and advise, I am getting scared that i may not be able to reach my goals because of money. Also what loans are the best for nursing school? I'm about to take a big chunk of money from somewhere, i was thinking about medcap through Wells fargo?

Thanks!:nurse:

Specializes in Neurology.

Look at potential employers in the area- a lot of big hospitals offer some kind of educational reimbursement. For example, in my area Duke Hospital offers 90% reimbursement after you have worked at their hospital for one year if you continue full time employment.

I have heard the Navy and Air force have huge signing bonuses for BSN nurses. I’m not sure how that would work out with trying to continue nursing education while being in the military though.

I’m just about finished with a two year nursing degree from a community college and plan to transfer to a RN-BSN program afterward. I have about $8500 in the CC and the RN-BSN program is 12 months long and is just under $6,000 (Ohio University). You could always look at something like this in your area and apply the 45,000 you would be saving toward grad school.

wow that is a really good deal. I know it's expensive to go to linfield but compared to the other school i got into it was the best and we only have private BSN schools in Oregon. I will probably look into an employment reimbursement program or maybe there is an army reserve for nurses. Congrats on being about to finish! ANyone know how much grad school is for NP?

Specializes in CTICU.

There is no one fee for an MSN. It depends upon the school you choose. I've seen variations from $200+ to $1000+ per credit hour.

Specializes in Hospice, Geriatrics, Wounds.

I don't know where you live, but in NC East Carolina University has a RN to MSN program. (You can go from ADN to MSN or BSN to MSN). It takes 45 credit hours to graduate, and the tutition is $162/credit hour ($668 out of state/hr) which brings the total to about $7290. I am sure there are additional costs, but probably not too much after the tutition. The good thing about the program is that it's all online (except for you clinical rotation - which you can do near where you live).

I know this program would be great for me. I prefer to go to class, but I can learn taking distance learning classes. I am dedicated and use my time wisely. It is something to think about. I know it might not be right for everyone, but you have to admit, it is nice to be able to do it while at home.

Here's the website: http://www.nursing.ecu.edu/

click on what option you want (BSN to MSN) and then use the menu to the far Left (in purple) that is where most of the information is. This is not an easy website to find information. Click on 'future and current student' on L (purple) and it will lead you to more info

Best of luck to you, don't give up girl!!

OH my gosh, that information soulds amazing! I've done online classes and i actually like them a lot. I can be strict on myself when it involves school, so i think that school might be right up my alley. Thanks for the help!

Specializes in Palliative Care.

I'm in Oregon and got into Clackamas Community College. They don't have a BSN program per se, but are part of OCNE, which means once I'm done with my RN program (at about $5000 per year), I can transfer to OHSU for the last year and get my Bachelor's. Much, much less expensive than Linfield, though not quite as quick.

I've heard of that program. I think they have that at a few of the other Oregon CC's i got into LBCC but they didnt have that program. SO do you have to apply to the Bachelor program or are you in it right when you get your RN?

Specializes in Palliative Care.

There are many other schools that are in the OCNE program: list here

I was told that officially I'm considered an OHSU student now, just attending CCC and taking classes there. The curriculum is coordinated so that if I choose (and I do), I can attend the third year of classes at OHSU and complete my Bachelor's there. It's a pretty good deal all around.

Another thought is, if you live really conservatively for a few years, you could conceivably pay your loans back quickly. It would be a psychological challenge, I'm sure, but could certainly be done; if you're making $60,000, let's say, you chooose to live as though you made $40,000, and send $1500 a month (or even more) to your loan and pay it down quickly. Even if you only pay down half in 5 years, and then just make the regular payments for the remainder of the time, you'll be in a good place financially re: debt.

The other thing is, I have grad school loans (psychology field) to the tune of $40k and it really doesn't upset my life that much. I consolidated and pay $215 per month (albeit for a looooooooong time) and I don't really mind. It does affect my debt/income ratio, but I've always been able to qualify for a car or home loan because I have good credit due to paying on time and all that.

Just my two cents.

Great idea Amanda, I was thinking about doing something like that. I could probably even live off of less than 30,000 a year, if i tried hard and got a few roomates lol. I'm glad you can still qualify for cars/homes , because this money stuff is all new to me and that was one of the things i was affraid of. Thanks for the tips!

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