Cutting costs in nursing school is pretty much the same as someone with another major. Every college student can learn ways of cutting their costs. And these days it is very important to reduce the overall cost. A college education is the path to higher lifetime earnings overall, as well as personal growth. But tuition costs climb and leave students with significant student debt.
How can you reduce this debt and still achieve a good education?
It’s Expensive. According to a survey from 2018, there was an average of $33,000 of student loan debt in 2013 which rose to around $44,000 in 2018. This illustrates the rise in tuition. For the 2017 to 2018 academic year the total fees, tuition and room and board averaged around $20,000 for four-year public colleges and about $47,000 for private four-year colleges.
Strategies to Save
There are two strategies you can put into use in order to save money in your college education as a nurse. Starting out at a community college is one strategy. However, there are limited spots in
community colleges and to get into a nursing program you have to enroll in certain courses such as physiology and anatomy. You will also have to maintain a particular GPA. Enrolling for your
first two years this way will save a lot.
Another strategy is to go to school in your own state and pay the in-state tuition fees. It doesn’t mean that you must attend school in your own state either. You can be a nonresident and still be
eligible with some state reciprocity programs. For instance, Arizona has a limited reciprocity agreement with certain Western States. This is something to research.
General Tips for Cutting Costs
There are things you can do personally as you go through school that can cut your general costs.
Here are a few:
- Prepare your meals at home – Out of all expenses you put out through college, food may vary the most in terms of cost. But when you think about it, the difference between a purchased lunch and a brown bag lunch can be as much as $4 or more. That adds up when doing this the entire year. Use apps that help you plan meals to get you on a good brown-bag diet.
- Spend thriftily – If you work out your income and outgo amounts on a monthly basis, you’ll be adopting good habits to maintain throughout your life. And, if you use smart budgeting, you’ll be able to save money as the year goes on.
- Buy inexpensive textbooks — Textbooks can cost an outrageous amount, and yet, you need them for classes. Look into renting textbooks or going online to find cheaper prices. Used bookstores near the school may also have some for sale. Downloading PDF books or eBooks might can also be a solution as they can be inexpensive.
- Use your student discounts – check your school’s services department in order to find out what discounted resources are for students there. It depends on the school, but you might find discounted entertainment, food and retail items to take advantage of around campus.
- Graduate as early as possible – it isn’t easy to graduate early, but savings are significant if you can. Nurses can greatly cut their educational costs which includes their student loan debt. Taking a full load of courses will help in this endeavor.
Future nurses should also work to ensure they keep their criminal record clear so they avoid any possible future issues when trying to obtain their license. If you have a conviction on your record that you’re concerned about, contact an attorney at Chelle Law.We can help you with your board of nursing application.
Other Helpful Links
Future nurses should also look through the site of the Board of Nursing they’ll be applying to.