Funding Private School

Topic 13512 | Page 1

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Uriah (FlyingTanker)'s Comment
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Hello folks, I have picked out my school, but now I need to figure out a way to fund it, money is very tight, as in I am not making an income at the moment, seeing I am working as a volunteer, what are my options besides a credit card or a loan? I am not qualified for the GI bill stuff cause my Dad was in the wrong era, any other ideas? Thanks smile.gif

Tractor Man's Comment
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Rob A Bank? JUST KIDDING! Have you looked into Company Sponsored Training ? I start training with Swift Transportation next month. No money up front, interest free loan, 1 year commitment, $150.00 per mo. taken out of my pay for a 13 months. Total repayment to Swift $1950.00. Great deal for me and Swift.

CDL:

Commercial Driver's License (CDL)

A CDL is required to drive any of the following vehicles:

  • Any combination of vehicles with a gross combined weight rating (GCWR) of 26,001 or more pounds, providing the gross vehicle weight rating (GVWR) of the vehicle being towed is in excess of 10,000 pounds.
  • Any single vehicle with a GVWR of 26,001 or more pounds, or any such vehicle towing another not in excess of 10,000 pounds.
  • Any vehicle, regardless of size, designed to transport 16 or more persons, including the driver.
  • Any vehicle required by federal regulations to be placarded while transporting hazardous materials.

Company Sponsored Training:

A Company-Sponsored Training Program is a school that is owned and operated by a trucking company.

The schooling often requires little or no money up front. Instead of paying up-front tuition you will sign an agreement to work for the company for a specified amount of time after graduation, usually around a year, at a slightly lower rate of pay in order to pay for the training.

If you choose to quit working for the company before your year is up, they will normally require you to pay back a prorated amount of money for the schooling. The amount you pay back will be comparable to what you would have paid if you went to an independently owned school.

Company-sponsored training can be an excellent way to get your career underway if you can't afford the tuition up front for private schooling.

Uriah (FlyingTanker)'s Comment
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I have considered that, sounds like a good deal too, but the company I am hoping to work with doesn't provide training. If I pick a different company the risk of a nuclear eruption at home greatly increase. McElroy offers weekends at home and that is my in, if I don't get that my mother who is already not happy with this would be really not happy. I want to make as small waves as I can and keep Mom at least somewhat happy. I know this does limit my options but this is how I am approaching it for now.

Tractor Man's Comment
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Good luck. If is any of my business, what are your Moms objections to your decision to become a Truck Driver? You don't need to reply, just curious. Most Moms want their kids to "Get off of their lazy butts and GET A JOB!" rofl-2.gif

C T.'s Comment
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A weekend off in that case may only be a 34hr reset like everywhere else. I wouldn't expect a full 2 to 3 days at home. McElroy is a good starting point in my opinion anyway. My choice is going to be Maverick, who I think has a cdl program now and off most weekends. I was told by a recruiter that TMC Transportation also has a new cdl program but couldn't find any info online. Just keep on researching and educate yourself before committing to one school and company. Also look into local community colleges. I went that route and paid little to nothing with the help of state grants and programs. Good luck to you.

CDL:

Commercial Driver's License (CDL)

A CDL is required to drive any of the following vehicles:

  • Any combination of vehicles with a gross combined weight rating (GCWR) of 26,001 or more pounds, providing the gross vehicle weight rating (GVWR) of the vehicle being towed is in excess of 10,000 pounds.
  • Any single vehicle with a GVWR of 26,001 or more pounds, or any such vehicle towing another not in excess of 10,000 pounds.
  • Any vehicle, regardless of size, designed to transport 16 or more persons, including the driver.
  • Any vehicle required by federal regulations to be placarded while transporting hazardous materials.
Uriah (FlyingTanker)'s Comment
member avatar

Haha, right smile.gif well, since I am actually working full time on our farm that is not her main concern. Her main concern is that she thinks trucking is a bad career choice. And she is afraid something bad will happen, she wants me to be safe.

Good luck. If is any of my business, what are your Moms objections to your decision to become a Truck Driver? You don't need to reply, just curious. Most Moms want their kids to "Get off of their lazy butts and GET A JOB!" rofl-2.gif

Tractor Man's Comment
member avatar

Gotcha, Moms can be that way. I'm 56 years old and my Mom is 85. She is a little nervous about me flying down the highway in an 80,000 pound beast as well. It sounds like she is worried about losing a good Farmhand too! Good luck to you and MOM, i'm sure you'll both work it out.

ChickieMonster's Comment
member avatar

Have you checked into WIA grants? In MO they aren't just for unemployed folks but for adult continuing educations. Your local unemployment office or career readiness office will be able to tell you what the qualifications are. My private schooling was completely paid for by WIA including all licensing fees, my physical, and I even got reimbursed for my gas going back and forth to school!

WIOA:

WIOA - Workforce Innovation & Opportunity Act (aka WIA)

Formerly known as the Workforce Investment Act (WIA), the WIOA was established in 1998 to prepare youth, adults and dislocated workers for entry and reentry into the workforce. WIOA training funds are designed to serve laid-off individuals, older youth and adults who are in need of training to enter or reenter the labor market. A lot of truck drivers get funding for their CDL training through WIOA.

ChickieMonster's Comment
member avatar

Plus WIA is a GRANT not a loan. If something were to happen and you weren't able to finish school, you would not own anyone a penny!

Uriah (FlyingTanker)'s Comment
member avatar

Thanks, I sent them an email.

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