In this project, I chose mechanical engineering as my career.
Step 2 - Choose a college and pay for it.
I planned to go to UC Davis.
The tuition for all 4 years is $109,845
To pay for it, I have:
- Parent's savings - $20,000
- Scholarships total - $42,500
- Financial Aids total - $22,000
Step 3 - Student Loan Payment
Since i have $84,500 , I'll have to borrow $25,345 from direct loans and according to the Student loan payment calculator, I'll have to pay them back $292 a month for 10 years.
Step 4 - Finding a Job
I found a job at the Taj Campton Place Hotel in San Francisco as an engineer that fixes machines and such in the hotel.
The salary is $28.13 / hr
so each month I'll be getting $4501 a month
and $54,010 a year.
This job includes Health Benefits that covers for Health, Dental, and Vision for $127 a month.
They also have the 401k retirement plan which takes 7% of my salary so my monthly income is $4058.93
Step 5 - Find a place to live.
I found an apartment near Lake Merritt for $1,050/Month
They only cover Garbage and Water bills.
They have a coin operated laundry and included a gas stove and a dish washer.