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Financing Grad School

December 11th, 2006 at 07:34 pm

As I posted before, I just got accepted to grad school. I spoke with my advisor just now, and it looks like I'll need 15 classes to get my MBA. I got some classes waived due to my undergrad program, but not as many as I would've liked...Based on current 2007-08 tuition rates, 15 classes would be an equivalent of $9,630 for the entire program. Of course, year after year, tuition goes up so it'll likely be more than that. At least I don't have to fork over the entire amount at once. I signed on for 2 classes for my first semester which is $1,284 due by Dec 20! Ick. That's going to blow my Dec budget a little as I really didn't think I was starting school until next summer so I didn't have it in my budget for Dec. Oh, well... we'll make due. I'm just a tad disappointed that I didn't get more credit than that for my undergrad work because I really wanted my MBA within a year... but I just don't think I could handle more than 2 classes a semester and work full time too. Darn.

3 Responses to “Financing Grad School”

  1. threebeansalad Says:
    1165866087

    Here's an interesting read over at MyMoney blog on financing your own education through a 529.

    Check it out through this link .

  2. paigu Says:
    1165870426

    You can check if your company will help with tuition costs. Will the grad school offer some financial aid?
    I actually think it's better that you don't overload on classes each semester. May take longer, but with classes AND FT work, you will be swamped. Congrats and best wishes on your pursuit of the MBA!

  3. Broken Arrow Says:
    1166540708

    I've been shopping around for graduate schools lately, and I can NOT believe just how much they will cost! 10k if I'm lucky, but the average is more like 20k! The average number of classes here are 12 though....

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