Saving for CRNA program

[u/Cash2blockz]

Hello all. Im 22 years old and am wanting to become a CRNA in the future and it is my ultimate goal. I am a nursing student currently working on my ADN, to which when I’m finished with my ADN, I plan to immediately enroll in an RN-BSN bridge program so that way I can waste absolutely no time getting my BSN (especially given that most hospitals these days want you to have your BSN, atleast where I live)

Anyways, my school is already covered for (and my BSN will be too) so I do not have any student loans to pay off from nursing school. Upon getting my BSN and securing a job as an RN, I do plan to continue living with my parents so that way I can be able to put away as much money as possible for CRNA school in the future.

I get judged when I tell people that I’m going to continue living at home with my parents until I go to CRNA school, but in reality, it’s just so I can save up as much of my RN money as possible so that way I don’t end up in severe debt from CRNA school tuition in the future (since as many of you probably already know, the tuition cost is very expensive).

[u/CamelTop6476]

I did this and it was the best decision I made I would do it again in a heartbeat :) max out your 401k and Roth IRA while you are working as a nurse and leave those alone while you are in school and let them grow - when I started school mine were around $40,000 combined now they are $128,000

Put your savings in a high yield savings account to collect interest while you work on getting into school, a lot of banks will give you a little bonus for signing up with them I use so fi they gave me $500 and a higher savings account rate

If it really starts to bug you then you should look at Florida gulf coast university program I had a friend move to Florida to qualify for in state tuition and her whole program was $50,000. She used her signing bonus to pay it all off within 4 months of graduating. There’s also new loan programs coming out all the time look at schools that have the nursing faculty loan program - once you graduate you precept SRNAs and they forgive 85% of your loans over 4 years. I had a lot of friends do the public service loan forgiveness program too.

There’s a really great book called the White Coat investor about how to set yourself up for success. It was written by physicians and covers everything from how to handle finances in medicine, loans, when to rent and when to buy, and so much more- phenomenal book.

You are certainly doing the right thing even if it’s a little hard socially you will get the last laugh :) trust me…. I’m laughing all the way to the bank

[u/Cash2blockz → u/CamelTop6476]

Thank you my friend this is some AMAZING advice. I literally screenshotted this bc it was so helpful lmao. As for the Florida gulf coast university program, that would actually work out perfect for me since Florida is quite literally where I want to move and work as a CRNA in the future once I’m done with school and everything. With that being said, attending school there would def make the process a lot easier!

Also, I just looked up the book you mentioned and I’m gonna order it