Re: Paying for school? Any scholarships or loan repayment programs? Archived Message
Posted by AA-Nova-2012 on December 18, 2009, 12:13 pm, in reply to "Re: Paying for school? Any scholarships or loan repayment programs?"
I am also worried about the funding for school. Not necessarily the post-graduation loans (which, as you all have said, won't be too difficult to pay off as long as a frugal lifestyle is maintained), but rather the amount of financial aid that will be awarded while in school. |
I spoke to a finaid counselor at Nova and she said that for a family of four I would be looking at around 70k/year. They don't allow you to include your wife in your budget. 70k minus ~30k for tuition+books+supplies per year, minus 13k for healthcare through the school for all, leaves me with 27k per year. This is $2250/month for a family of four. For my wife, my 7 year old daughter, and my newborn to live comfortably I will need about an additional 1100 per month. This will probably have to come from credit cards and personal loans.
So my problem is allocating the funds, not paying them off. I would join the Navy or AF if they allowed AAs, but they don't. I am going to contact many hospitals to see if they will provide funds while in school as long as you agree to work with them for a fixed amount of time afterwards.
However it works out...it will definitely be worth it