How To Pay For CRNA School | The Truth Behind Student Loans

[@amendaalmonte2236]

I was able to save $130,000 (I have six more months to save). Do you recommend I use this money to live off three years. Or should I pay some tuition?

[@albinaugustin6481]

How much money is needed to graduate crna course

[@LeNoLi.]

They offered us around 6000 for the whole year in grad plus. Family of 5. No income. How the hell did you get 30k to 50k estimate?

[@kylereldridge]

My local hospital (an Advent Health hospital in FL) has their own college, that offers a CRNA program. The college is about an hour and a half from the hospital, but they offer a paid internship program and pay for your school. In return, they have you sign a contract to repay the debt with years of working at that hospital. Similar to the military. I’m not sure what the pay is or how much they cover.

[@sonnydhillon4031]

Im looking to go there after my nursing program :D! If you're a CRNA or a SRNA at Advent health, please pm me!

[@J.B.1982]

Look into forgiveness plans. If you're a healthcare worker there is a 10 year plan. I'm currently on an income based repayment and it'll be forgiven in 10 years, regardless of what I paid back.

[@GR-uc1gq]

This is my long term plan and life may say nope. But what I want to do is first graduate ADN. Work in the ICU for 1-2 years get my BSN. Then travel ICU nursing for 2-3 years and save enough money for the tuition and money for 3 years of living expenses. I will do my best!

[@kingstonstreet3726]

If u had 64k when you started and almost graduated,did you work while going to school?

[@shuaizhengxing3995]

Very good information!! Thanks!

[@elizabethseeley4539]

Definitely do not take out more than you need! I did that getting my BSN and it was the most foolish thing I could have done!

[@JayFitNurse]

I’m going to get a loan for nursing school and crna school travel as a nursing for 2 years pay my loan save then repeat for crna school… I hope to have 60-100k saved prior to crna school

[@3dexb]

Interviewing next week! This video makes 200k in debt a little easier to fathom. Thanks for everything you do. Also from TN, so I feel that accent 😎 -Dex

[@jrbantigue1599]

Loans are a bad idea.

[@thetruthsayer8347]

@@jrbantigue1599 nobody gets loans just for the fun of it

[@christianbeesley1853]

This helped me answer this all important question. Thank you so much!

[@nicoleheatherington4365]

Hi Just started CRNA school in Tennessee and I saw a video on your study method and use of a program for notes I believe from wake Forest but I don’t seem to be able to find the right video. Please advise and thank you for your reply in addition to all your other very helpful videos which helped me to get where I am now:);

[@BoltCRNA]

It was called Sonocent. Good luck!

[@XclusiveChiq]

Can u do a budget video? How much u spend on student loans when aggressively paying? When u project you’d be done? Etc

[@BoltCRNA]

Sure!

[@ava1]

Also for the private loan just a simple term life ins policy will alleviate your fears about your next of kin being held liable for your debts.

[@juanaliaga2321]

Thanks for the video Jason. Lots of good info. Question, was there any other advantage, besides the lower interest rate, that made you decide to consolidate your govt loans into a single private one? Seems like a big deal since, like you mentioned, your NOK can be held liable for the private sector debt in case of untimely death.

[@mopen21skullz84]

Thanks for the info. You just crushed me on that public service forgiveness program though😕. However can you do a video on what the CRNAs expect from you in the ORs. I was recently told I was too quiet and timid. I want tips on how to be more confident in my decision making when it comes to managing my pts and extubation. Keep up the good work we really appreciate it.

[@BoltCRNA]

Sure thing!

[@chrissyisblessed1398]

Don’t let anyone speak your destiny!! You can do it!!

[@ava1]

I think what ppl fail to realize about the PSLF is that it’s not the minimum payment it’s the full monthly payment (that’s what makes it a qualifying loan payment) otherwise it doesn’t “qualify” … hope that helps !

[@heyschwudup]

Not sure what you are saying here...but one can pay the minimum amount based on their income up to as much as they want per month. "Full" payment refers to meeting the minimum as calculated by your earnings.

[@godphrypereira2028]

Can a international students get loans for crna schools in usa

[@BoltCRNA]

Good question, I really don't have any data on that.

[@thetruthsayer8347]

It’s possible to get private loans but it will be difficult because you have to have a co-signer with good credit but you won’t qualify for government loans

[@modernenergy682]

No

[@natashiamelton4402]

Hahaha your accent!!! I bet Cali people love it! Also, you can do a line of credit with your banker.. if you need extra money. Now you will have to pay a minimum monthly payment once you start using that money, but once you sign for the loan it’s yours for whenever you need it. So, for example, you could go 2 years without using the money then something happens and you need that money. You can take it out and start paying on it then. It helps though to have some money set aside, but is a good option for needing money in a pinch.

[@baileyann4780]

How would the loans become separated? Are the loans separated by the year and each year has its own "account" gathering interest?

[@BoltCRNA]

Yes, exactly. It’s new loans each year piling on top of the previous years that has already gained interest fees.

[@addiemaureen]

Should I go to CRNA school and take out loans if I already have loans from undergrad?

[@BoltCRNA]

Yeah, of course, I had classmates that still had undergrad loans. They get put on hold until you finish grad school.

[@bettysmith4527]

Welcome to the USA, where your education cost MORE then a damn house! ugh...

[@BoltCRNA]

Truth.

[@rinkugurung2458]

Can you say your experience and what's out there on student loan repayments from CRNA job? I am little scared with student loan amout thats adding up.

[@BoltCRNA]

Military is one way. The other way is paying it back little by little each month. I suggest refinancing with a private loan company after you graduate and getting a low interest rate.

[@alexfugate22]

What did you do about health insurance during school?

[@mopen21skullz84]

Alex Fugate you can apply for Medicaid

[@BoltCRNA]

I tried ObamaCare, didn't turn out well. I don't have a good answer for this one.

[@IronBurden]

4 choices: You qualify for Medicaid if you stop work. You get it through your parents if you're under 26. You get the student health insurance. Have a spouse and get it from a family plan.

[@s.fraser5221]

@@mopen21skullz84 Really?!? That is EXCELLENT to know. Do you think that post Corona has made them more selective in who is being accepted for medicaid? Is this state dependent? I had no idea! Sorry for so many questions. I am super interested in this. I'm in my first semester of CRNA school and am in limbo. PLEASE REPLY! Thank you in advance :)

[@LeNoLi.]

what if you have 4 kids? 30k won't cover it

[@BoltCRNA]

They will allow you to take out more than $30k a year. They will offer grad plus loans which I think was another $40,000 a year. So probably $75,000 a year offered in loans if you want to take on that much. That interest will be killer though.

[@LeNoLi.]

@@BoltCRNA we were offered 6k in grad plus loans.....

[@robyabraham5727]

bolt as usual thank you for this video ; while you were in CRNA school did you pay any interest on the loans you took. I was told if you just hap of the interest recurring every month that will keep the total amount low by the time you graduate

[@BoltCRNA]

You're right on that but no I didn't pay the interest as I went. I didn't have any income to dedicate to paying the interest.

[@XclusiveChiq]

How long were u out of ur bsn program before applying to crna school? Did u have to retake prereqs due to time passed

[@BoltCRNA]

I was an ICU RN for 4 years before heading back to CRNA school. I didn't have to retake any courses.

[@cardiyansane1414]

@@BoltCRNA lucky 🍀

[@MrKASiano]

Thanks for the info, Boss!

[@BoltCRNA]

You bet!

[@Independenthuman0306]

If you go on public service loan forgiveness program support Facebook group, there are a lot of ppl there who share their success stories daily :)

[@nursemartine2010]

Dr. Bolt great video! How about the different anesthesia groups that will hire you upon graduation and pay off your loans? Do they have a cap on the amount they pay & provide great working relationships/opportunities?

[@BoltCRNA]

The military is the only option I know of that will pay off the majority or all of your loans. You may be able to negotiate a small sign on bonus with different groups but that probably won't be more than $20,000.

[@anthonynguyen1248]

wow. thanks for letting me know

[@tkcurtis25]

Currently on my journey to CRNA, by the grace of God, and this was an extremely helpful video! Thank you man! I hope to start CRNA school in 2022, God's willing.

[@walterclements2877]

How early do you have to apply?

[@eldoood8381]

How's It going?

[@DallasFort1857]

Can you please make a video of CRNA's in the Military? Of all Branch

[@BoltCRNA]

Good idea. I do have a video with an Army SRNA from last year.

[@DallasFort1857]

@@BoltCRNA is there one on the air force?

[@CheeseCoC]

How much does the Whole CRNA programm cost without Scholarship?

[@PrincePalmUwU]

You might wanna look it up in your area or outside your state just in case you don't get accepted in your state, hope that make sense

[@BoltCRNA]

The programs will all have different tuition rates and fee's.

[@tate5543]

Thanks for the info!! 😁

[@BoltCRNA]

You bet!

[@swimfast7140]

I’m a junior in high school and starting to get more information about becoming a crna....kinda nervous not ganna lie....any suggestions or things I should be prepared for the future 🤔

[@SyringeRN_ggyu]

Thank you so much for sharing!!

[@BoltCRNA]

Any time!

[@PrincePalmUwU]

Kind of figured 🤷 no matter where you go

[@BoltCRNA]

Now you're catching on!

[@yostergomes1236]

do u need a SSN to be a CRNA??

[@AceHardy]

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