Small scholarship, parent help and federal loans. My parents also generously bought out my loans about a year after graduation to save me the interest payments, which was really nice. I still paid them back, but interest free and in large chunks rather than small monthly increments. I hope to do the same for my kids one day.
Post by irene adler on May 2, 2016 14:05:07 GMT -5
I had a teaching assistantship that came with a monthly stipend. Between that and living off savings from a summer gig, I was able to make it through sans loans.
MBA. I took out loans. It also had a very significant ROI in terms of my overall career trajectory and salary (both current and potential), so I'd say worth every penny.
ETA: I also worked FT during the entire degree, took it in an accelerated format, graduated with a good GPA (3.8) and graduated at 8 months pregnant.
I paid for my MS by working two jobs, using up my savings, and taking out some small loans. My PhD was covered with a fellowship and a teaching assistantship.
For my MA in English: -The university gave out educator scholarships for current public school teachers in grades K-12. This paid for half my tuition every semester. -The school where I teach reimbursed us for a percentage of our advanced schooling. -The remainder I paid.
Post by imojoebunny on May 3, 2016 19:45:36 GMT -5
MBA, had a stipend that paid about 1/4 my living expenses, and all of my tuition and books in exchange for helping a prof with his classes. I paid the rest from savings from working and from money my parents saved for my undergrad. I graduated from undergrad in 3 years, went to a very cheap school, and worked a good bit, so they had a bit left over they were willing to spend.
I just applied tonight to start this fall, so fingers crossed.
My plan is to self-pay. I will use my income from my bonuses and from my second job, and I do not expect to have to take out loans. I'll also apply for scholarships, but am not counting on receiving any.
I received some tuition reimbursement from my employer, and j paid out of pocket for the rest. My degree is not necessary in my field, but I'm glad I did it and I do feel that it has been worth it.
Dh got an M. Ed. He took one class at a time, every available semester for 3 years. We paid for it OOP or with our savings if necessary but his employer reimbursed him twice a year for about 80% of the tuition we paid. He was working full time.
Both me and my employer paid for my MS and PhD. My MS got me about a $5k bump in salary, PhD $20k. But I was in a place where I was not going to get more money without the education.