How much money will you guys have in savings right before you start your OT program? Just curious to see what's normal/how much I should hope to save.
Savings for MOT school
- Thread starter Hillary
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People seem to be all over the map with some saving up tens of thousands and others coming in with loans already. Your best bet is probably to aim for as much savings as you can to reduce the amount you'll have to pay in interest, which really adds up.
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I'm probably an oddity but I had about 80k saved up in cash after working for 3 years after earning my b.s. degree. I bought a townhouse where i go to grad school and my mortgage is $290/month. I have a roomate who pays me $400/month. I also only take out stafford loans which is around 20k/year and pay the rest of tuition (12k) off with cash.
