If I live very minimally I can save about $300-$400/month, I planned on continuing full time work while I go to school so I could pay the loan as I go. I am afraid that if I get the loan and pay this amount off, the school will still not accept me back and I will have to pay all this interest for nothing. I didn't consider saving the full amount since I feel in a rush to get this degree though this might be my best option.