Federal Nursing Loan Program
Eligibility
To be considered for this type of loan, you must:
- File the FAFSA by the November 15 preferential filing date and indicate you are interested in student loans;
- Fall in the lowest range for Expected Family Contribution;
- Major in Nursing; and
- Be enrolled at least half-time.
Terms and Conditions
- 5% interest rate (subsidized)
- Payments begin 9 months after the student stops attending at least half-time.
- Freshmen and sophomores may borrow up to $5,022 per year.
- Juniors and seniors may borrow up to $7,899 per year.
- Graduate students may borrow up to $7,899 per year.
- Aggregate lifetime limit is $ 24,768
If a student is offered the Nursing Loan and wishes to borrow, the Financial Aid Office will require the Nursing Loan Personal Data Form to process the loan. After the form is submitted, the student will be contacted by the Student Accounts Office to sign a Promissory Note.
2022-10-12T07:05:13.909661-07:00
2022