I found out today that not only am I not eligible for financial grants, I can only have up to $3,500 per year in interest free student loans....er should I say low interest that will begin accruing 6 months after my completion date. The balance can be financed at 6.5% that will begin accruing interest right away. I am so frustrated that the changes that we have been expecting are on the backburner while our financial system is being saved. Hmmm... meanwhile I have to pay this crazy amount that is far above my means at this time. I am moving forward with the commitment I have made. Not only am I moving forward to earn my degree, but to learn. Today, as every day, is the first day of the rest of my life. I want to cry...but choose to be strong and continue to move forward with this endeavor. The funny thing is that I am so conservative with money always being so careful to not overspend and I do this? Faith is all that I have to go on. Faith that I will not only earn a great education, but that I will increase my income quickly enough to pay all of this back as fast as possible and put this degree to work for my future. It may not be the best choice that I can make today, but I will make it the best outcome for all of my tomorrows.
I meeting with the financial aid office at UE tomorrow morning. There is a possibility that I have made an error in filling out the FASFA form. Hope that is the case. If so I soppose that it could be argued that I am not smart enough to go to college...as I was told in high school. I will chose to think that it would suggest that I NEED to go to college. I do have a sense of humor!!!
I almost cried today when I got the news....it wouldn't help. I just need to find the best way to finance this investment....I don't think the government option fits in with the best options of today. The current Stafford Loan program reflects an interest rate that has not been adjusted for almost three years. The rate was pretty much in line for that period of time....but today we have interest rates more within the realm of non-interest. Hopefully "Change" will come soon. This first year is going to be the most expensive. I'll follow up with a post as soon as I have a clear understanding of the investment that I will be looking at. I do this to perhaps help others and to give myself an opportunity to take a look back at where I started and how it all comes together. If you know me at all you probably have heard me say more than once that sometimes when we feel like it's all falling apart it often times is falling together. I am hoping for the later. If not I will find a way to put it together.
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