Financing Your Education

Federal Opportunites

The U.S. Department of Education Financial Aid offers several opportunities to help fund your education.

Pell Grants unlike loans, do not have to be repaid. Generally, Pell Grants are awarded only to undergraduate students who have not already earned a bachelor's or professional degree:

Stafford Loans are subsidized loans awarded on the basis of financial need. You will not be charged any interest before you begin repayment or during authorized periods of deferment). The federal government "subsidizes" the interest during these periods. An unsubsidized loan is not awarded on the basis of need. You'll be charged interest from the time the loan is disbursed until it is paid in full.

Additional information about government financial assistance may be found here.

For information about other federal aid be sure and visit the Federal Student Aid website. There is also a site to help you complete a Free Application for Federal Student Aid!

Military Nursing is an excellent way to pay for your nursing education.
Private Funding
Local and state civic organizations as well as businesses often have scholarship monies available for nursing students. Contact your area Lion's Club, Civitan Club, Rotary Club, and DAR (to name a few) for local and state scholarship opportunities. Businesses such as Target, WalMart, Wendy's and McDonald's (among others) may also have limited scholarship resources for education.
Institutional Funding
Each college or university has a variety of funding resources available to students. Be sure and explore the financial aid links for any school that you may be considering to determine what specific scholarships, grants, and/or loans are available and how to apply for financial assistance!

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Last updated on January 2, 2005