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Replies: 36
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All-In [46886]
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Student Loan Question
Mar 13, 2022, 5:26 PM
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Planning on starting my Masters during the summer.
I have a teacher forgiveness loan that is in forbearance. It is in forbearance due to the loan amount being under the amount that is forgiven. Therefore, in November when the 5K forgiveness goes into affect the loan will be paid off.
My question to those of you who know is does the SC student loan cover tuition for out of state colleges?
Starting Ohio University with a Masters in Athletic Administration.
If not, for those of you who went out of state for post grad work, how did you finance your tuition?
TIA
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All-TigerNet [12943]
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pay as you go
Mar 1, 2016, 9:41 AM
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don't borrow
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Orange Blooded [2840]
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Re: Student Loan Question
Mar 1, 2016, 9:44 AM
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Join the Military and earn a scholarship. (GI Bill) Go Tigers
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CU Medallion [55573]
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Re: Student Loan Question
Mar 1, 2016, 9:52 AM
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Yep, if you are very good or very lucky at dodging bullets, the Military will pay for your education. But even if you get a leg or an arm blown off and you make it, shucks, they will still pay for your education and another leg with some spring in your step. ??
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CU Guru [1163]
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Re: Student Loan Question
Mar 1, 2016, 11:29 AM
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The military offers more than one job  . The Army has more than 150 enlisted jobs and 100 officer jobs. Ive been in for 14 years and have all my limbs 
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All-In [46886]
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Re: Student Loan Question
Mar 1, 2016, 11:47 AM
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^^^ was good at dodge ball in middle school.
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Legend [16044]
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I would contact the school's financial aid office
Mar 1, 2016, 9:49 AM
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Dept for the school's you want to pretend. My daughter is trying to get her masters too so we have had a lot of contact with many schools FA Dept.
Depending on the state of the school where you plan to attend may have a FA plan if you were to teach in their state. And there are many websites you can to or maybe the Teacher's Assoc. If I can think of anything else I will send you a T Mail.
I wish you lots of luck and will add you to my prayer list.
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CU Guru [1806]
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I'm at a private law school in GA and I took out gov't loans
Mar 1, 2016, 9:53 AM
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it's pretty easy to set up at studentloans.gov. The interest rates aren't great, but you can get on an income-based repayment plan which is pretty flexible.
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All-In [30904]
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Say what? How do I get this forgiveness thing you mentioned?
Mar 1, 2016, 10:47 AM
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Id sure like to ditch some debt. .
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All-In [46886]
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Re: Say what? How do I get this forgiveness thing you mentioned?
Mar 1, 2016, 10:49 AM
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Interest keeps getting applied in forbearance. Only reason I have it is because even with the interest I will still be under the 5k forgiveness. So there's no point to keep paying when it will be paid off on it's own.
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All-In [46886]
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All-In [30904]
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Yuk.. Nevermind. I funny want to move to Columbia.***
Mar 1, 2016, 11:13 AM
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Tiger Cub [13]
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Re: Yes
Mar 1, 2016, 10:47 AM
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Yes, the SC Student Loan Corp will loan you funds to attend an out-of-state institution. However, federal loans (studentloans.gov) are generally more favorable.
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All-In [46886]
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Re: Yes
Mar 1, 2016, 11:07 AM
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is this due to lower interest rates or different repayment plans?
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Tiger Cub [13]
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Re: Yes
Mar 1, 2016, 2:11 PM
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Currently, federal loans for grad students are 5.84% while SC Student Loans' best rate is 6%, so that is about equal. The federal loans are a little more friendly on the back end if you have repayment issues. SC Student Loans will require a credit check, but if you need/want a private educational loan, SC Student Loan Corp is one of the best, nationally. They are non-profit, so their overhead is less than some of the national lenders.
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110%er [8354]
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I worked while I was in grad school
Mar 1, 2016, 10:59 AM
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Took longer, but had no debt.
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All-In [46886]
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Re: I worked while I was in grad school
Mar 1, 2016, 11:00 AM
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I'm working full time as a teacher and coach.
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All-TigerNet [12943]
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so what's the problem?***
Mar 1, 2016, 11:48 AM
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All-In [46886]
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Re: so what's the problem?***
Mar 1, 2016, 11:49 AM
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"teacher and coach"
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All-TigerNet [12943]
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how does that figure into taking out a student loan?
Mar 1, 2016, 11:56 AM
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the other poster commented that he worked while in grad school...
You seem to have a great job.... so I'm just asking why the need for the loan?
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All-TigerNet [12943]
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i am a teacher/coach as well.... and
Mar 1, 2016, 12:07 PM
[ in reply to Re: so what's the problem?*** ] |
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most "masters degrees" in education are designed for those that currently work.... meaning you take one class at a time, normally either online, or a combination of online and meeting occasionally..
Tuition is normally per hour or per class, and you can pay for each class as you take it...
I am working on my admin degree, and take an online class every 5 weeks. I pay for each class before it starts. 18 month program.
I suggest finding an online program. It matters not where your degree is from.
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All-In [46886]
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Re: i am a teacher/coach as well.... and
Mar 1, 2016, 12:19 PM
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This one is going to be 3 classes at a time from what I gather. All online. Will have to go to Ohio for 4 days.
at over 500 per hour. That's still 1500 per class.
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All-TigerNet [12943]
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i'm just telling you dude.... that is crazy high
Mar 1, 2016, 12:22 PM
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I am getting my admin. through a school in Texas... all online... for $805 per 3 hour class.
Very well-respected school, known for education program...
I take a class for 5 weeks, get a week off, start the next class
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All-In [46886]
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Re: i'm just telling you dude.... that is crazy high
Mar 1, 2016, 12:28 PM
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You can afford 805 dollars? Where in the world do you teach?
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All-TigerNet [12943]
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i can probably afford it b/c i didn't do things like
Mar 1, 2016, 12:43 PM
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take out debt for things
it's per class dude... find the money... it is MUCH, MUCH, MUCH better than taking out a loan.
if your program is 36 hours... you will spend total of about $18,000.... while I spend a total of about $9500 or so.
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All-In [46886]
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Re: i can probably afford it b/c i didn't do things like
Mar 1, 2016, 12:46 PM
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You're getting your masters in athletic administration? I've been researching this type of degree for a year and haven't found anything cheaper that is all online with no GRE to get in.
I understand where you are coming from with no debt at all. But not everybody is in the same situations as you are. Some of us have overhanging expenses that we can't avoid. I'm glad you have never been in debt. Some of us see it differently. I'm sure you are also one of those "no credit cards under any circumstances" people. If so good for you. I don't believe in that. But to each his own.
Message was edited by: FBCoachSC®
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All-In [46886]
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Re: i can probably afford it b/c i didn't do things like
Mar 1, 2016, 12:53 PM
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18000.
+4000 per year in salary increase (not getting a job in that field)
Paid off in 4.5 years.
Getting a job in that field will more than double my current salary.
Message was edited by: FBCoachSC®
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All-TigerNet [12943]
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this is the kind of math that makes Clemson basketball
Mar 1, 2016, 1:16 PM
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"successful"
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All-In [46886]
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Re: this is the kind of math that makes Clemson basketball
Mar 1, 2016, 1:22 PM
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+1
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All-TigerNet [12943]
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thanks for all the assumptions
Mar 1, 2016, 1:14 PM
[ in reply to Re: i can probably afford it b/c i didn't do things like ] |
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i have a credit card... and i also know that debt is no bueno
you can find a cheaper program brother, I don't care what the degree is in. You just gotta want to
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All-In [46886]
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Re: thanks for all the assumptions
Mar 1, 2016, 1:23 PM
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I agree. I can find a cheaper program. Just not in the field that will help me reach my life goal. Other than that, yes I agree there are cheaper programs out there.
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All-TigerNet [12943]
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if you want to be an athletic director at the high school
Mar 1, 2016, 1:32 PM
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level... you only need an admin degree...
"athletic admin." may look better.... but an educational administration degree, plus your coaching experience, would qualify you
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All-In [46886]
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Re: if you want to be an athletic director at the high school
Mar 1, 2016, 1:39 PM
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All of the HC and AD's that I have know in the Pee Dee and Grand Strand Regions have either a sports management degree or an athletic administration degree.
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110%er [9053]
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Re: Student Loan Question
Mar 1, 2016, 11:12 AM
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Not sure the SC Student Loan covers out of state colleges. Might want to double check.
Let me know how that program is, I was thinking about doing that also.
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All-In [46886]
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Re: Student Loan Question
Mar 1, 2016, 11:49 AM
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So far it seems legit. No GRE to get in. No tests. No exit exam. Classes are set up as modules. Work on the modules. Submit them. Get the grade. Move on to the next class. Will let you know more once I start the actual classes. Right now I'm just talking out of my ###.
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110%er [9053]
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Re: Student Loan Question
Mar 1, 2016, 12:18 PM
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Good deal! Good luck!
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Oculus Spirit [81043]
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Most grad schools, especially out of state, offer private
Mar 1, 2016, 11:55 AM
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loans. The interest rate is also higher on private loans.
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Replies: 36
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