How to Get a Nursing Student Loan
What it is
| At a Glance | |
|---|---|
| Loan Type: | Education |
| Lender: | Government |
| Secured: | No |
A nursing student loan is financial assistance provided through the Nursing Student Loan Program, which provides low interest rate loans to full-time and half-time students who demonstrate financial need pursuing a course of study that leads to a diploma, associate, baccalaureate or graduate degree in nursing. Schools participating in the Nursing Student Loan Program are responsible for selecting loan recipients and for determining the amount of assistance a student requires.
Who it's for
Tuition and education expenses become more expensive every year. Often, students aren't able to pay for these costs on their own and neither are their parents or guardians. For those who are considering entering the nursing profession, nursing student loans can help. Students are eligible for a nursing student loan at participating schools if they are citizens, nationals, or lawful permanent residents of the United States.
What you need to do to apply
Students entering education to obtain degrees or certificates in the medical profession of nursing need to go through proper approval channels. This means providing financial and personal background, information about intended education, proof of registration at an academic institution, and a credit check. To apply for this loan, students can contact the student financial aid office at the school where they intend to apply for admission or where they are enrolled.
Apply for a Nursing Student Loan
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