We're In the Money
Today I receieved the good news that I was awarded a generous financial aid offer for the upcoming year! HOORAY!!! This means that I won't have to stress out so much over the how of paying for my last year of undergraduate!
It also means that I will, once again be indebted to the Uncle Sam since half of my financial aid offer came in the form of Stafford Loans. I'm actually fortunate to be offered Stafford Loans, because within five years after I graduate the government will "forgive" my loan if I meet certain requirements. Since I paid off the loans I acquired during the first half of my college education during my four-year hiatus, I will not have a massive amount of debt when I graduate. In addition to the Stafford Loans just awarded, I'd taken out a Wells Fargo Collegiate Loan last year that may qualify "reimbursement" since a recent bill (LB547) was approved by the Nebraska Legislature this spring.
Even though I won't be getting paid what I'm worth as a teacher, especially if I work in Nebraska (NOTE: the average teacher salary in Nebraska is ranked 45th in the nation), there is consolation in the fact that I will be getting some assistance from Uncle Sam so I can spend my hard earned money on necessary school supplies for my students instead of loan repayments.
