So the official bill came and I can just write a check for it which is pretty awesome. Plus I'll have enough to cover living expenses for the year and, if I stick to a budget, as of my bank balances right now I'll have $6,000 left over for next year plus I won't have touched my 529 or retirement accounts. I'm also expecting to have a few more paychecks coming in from my job before I quit to start school (don't worry my boss is in on it).
Though my ability to pay in cash wasn't decided by this, I got very lucky recently when my parents discovered that the 529 they'd started for me to pay for undergrad wasn't empty. There was left over money in it because of the scholarships I received while in school, but for years we all thought it was on the order of a few hundred dollars. Well I asked them to call and check the balance and billing method so I could apply what little there was to my tuition bill and my mom got a surprise. There's actually $4,000 left in my undergrad 529. This money will pay for a portion of my tuition this fall and will give me a boost in how much I have saved for living expenses and my second year of business school.
I am so lucky to have parents who saved for my college education and I was so fortunate to receive scholarships and work opportunities to defray the costs for them. It's a very pleasant surprise to find these efforts are still paying dividends! I'm also lucky to have a boss and workplace that is supportive of my plans for graduate school and have accommodated my requests for an end date close to when school starts. This arrangement allows me great lead time to hand off all the projects I'm currently working on and allows me to put away as much cash as possible for the coming lean income period ;)
So I'm incredibly happy that in the next week or so I'll be writing the check that will put me a good chunk of the way towards meeting my goal of graduating debt free. I was wondering if it would be fun to have a progress bar on the blog? I like seeing them on other blogs and I could update mine by knocking off living expenses from the student budget each month and making big progress when I pay a bill from school. However, it might be a bit deceptive since I plan to live on less than the student budget and I'm receiving a good chunk of aid. Thoughts?