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Final tuition payment made!!!!!

April 1st, 2018 at 04:43 pm

I just made the final tuition payment for our daughter. Hard to believe but she graduates in under 6 weeks. For the past 5 months, we were on a payment plan of $3,100/month so starting May 1, that means we will have an extra $3,100/month in our budget which is pretty cool. As I said before, the first order of business will be to pay off our HELOC which is about 12K. After that, I'll split the money between cash savings and extra mortgage payments and I'm sure some of it will go for some fun stuff along the way too.

21 Responses to “Final tuition payment made!!!!!”

  1. Wink Says:

    That's great! And congratulations on your daughter's upcoming graduation!

  2. creditcardfree Says:

    Congratulations! Was the HELOC used for tuition? I'm looking forward to four (maybe 5, youngest may add on an extra year to get Masters in ENG) years from now when we'll be done paying for two girls to go to college.

  3. disneysteve Says:

    The HELOC was not used for college. When I left my practice back in September, I had to pay for a malpractice policy (tail coverage) for about $14,500. I haven't been paying it very aggressively because tuition was my first priority, but now that tuition is done, I can knock out the HELOC within 4 months. That will leave us debt free except the mortgage.

  4. Carol Says:

    Wow, that went by fast! Congratulations!

  5. Amber Says:

    That's awesome DS!

  6. ceejay74 Says:

    Happy dance for you, Steve! Well done!!

  7. Rachael777 Says:

    Great news Steve!!! exciting..

  8. Bluebird Says:

    Congratulations!!!

  9. Dido Says:

    Mazal tov!

  10. FrugalTexan75 Says:

    WTG!

  11. rob62521 Says:

    Way to go!

  12. Tabs Says:

    Congrats to the both of you!

  13. LuckyRobin Says:

    It must feel nice to have that taken care of. Or to be able to cash flow it in the first place.

  14. My English Castle Says:

    We all look forward to a day like that! Nice work, Steve!

  15. LivingAlmostLarge Says:

    congratulations!

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