Go back to school and succeed

Strategies to Pay for Medical Records School

Medical records school can put you on the path toward a rewarding career, and it's an affordable school to attend. If you want to enroll in medical records school but don't have money saved right now, here are some strategies to pay for your program.

Choose a Certificate Program

While all medical records schools are affordable, you can make your program even more affordable by enrolling in a certificate program. 

Medical billing and coding certificates, of which there are several to choose from, tend to cost between $1,000 and $2,500 if you attend a local trade program. In contrast, associate programs can run from $8,000 to $19,000. That's a difference of over $5,000 -- and potentially of over $15,000 -- and you don't need an associate degree to enter the field.

Even if you know you eventually do want an associate degree for some reason, you can still begin with a certificate program. After you earn your certificate, you can secure a job in the field and then enroll in an associate program. You'll be earning a good wage as a medical records specialist, and the experience will help you through your associate program.

Get a Short-Term Part-Time Job

If you only need to pay $1,000 to $2,500 for your tuition, you might be able to quickly earn this amount. If successful, you'll be able to pay cash upfront for your program. This will enable you to go through the program without working extra hours while taking classes, and you won't have any debt when you graduate.

Because this is a reasonable sum, you may be able to save it up fairly quickly with a part-time job. If you're able to find a job that pays $10 per hour, you'll only need to work 100 to 250 hours to have your tuition covered. At 20 hours a week, that's 5 to 12.5 weeks. An extra 20 hours a week might be a lot of additional work, but remember that it's only for a few weeks.

Should you decide to take a part-time job to pay for your medical billing schooling, look for a job that gives you significant earning potential and has a constant demand. Serving at restaurants, driving for rideshares, and demanding manual labor could all be good choices. Of course, any special skills you have could also help you get a higher-paying part-time job.

Once your medical records school starts, you can quit the part-time job and put the time spent working extra toward your classes.