Hey all,
I've been
accepted to the few programs I applied to, however I am having difficulty figuring out how to make ends meet. A little bit about my situation:
My wife is currently pregnant and we are expecting our first child, once school starts and she gives birth
she will not be going back to work (high risk pregnancy, etc) and if and when she is ready it might be a
part time at the most. She really wants to be a stay-at-home mom and I want her to have that for the most part.
Now, by looking at the tentative financial aid award (schools website),it seems like there is somewhere between
26k-27k leftover as a refund after stafford loans and plus loans are taken into account. And with at least in my situation (married, needing a 2 bedroom for nursery)
rent being somewhere between1.1k-1.5k varying by school location, that essentially
leaves 8k-9k to best case scenario 14k for the year. I don't think this would be enough, what am I missing?
I have heard babies are expensive, by taking a look at diaper needs I am already frightened.
I guess my question is for those of you in a similar situation, whether married and significant other not working, or have/having kids, etc. how did you manage to make ends meet?Did you have to take alternative/private loans through a bank? I always thought from reading forums like SDN and hearing others talk that financial aid was the easiest part of the process....it always went something like this, "you'll have financial aid to take care of all of that, they will give you more than enough" ...or..."I actually borrowed too much and returned someone of it."
Idk, I already asked about personal budget increase, but the most they'll do is for child care (which doesn't apply in my case) or for the purchase of a computer (nothing gained nothing lost). I am currently somewhat discouraged and feeling like I won't be able to attend school because I can't afford it
, therefore
any insights, advice, past/current experiences are welcomed.
Thanks in advance for any helpful replies.