financial aid for nursing school

  1. Does anyone know of any good sources for financial aid for nursing school, besides going the FAFSA route through the US Dept. of Education? You always hear about those web sites that charge you money for a listing of all this supposedly free money from the government, and I've been warned away from trying that route.

    Any ideas? I already have a degree, so I'm quitting my full-time job to go to school full-time for a career change. I know lots of people on this board are in (or have been in) my same position. What worked for you?

    Thanks!

    amy
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  2. 15 Comments

  3. by   memphispanda
    Most places are going to require you to fill out the FAFSA regardless of whether you think you will qualify for aid through the government or not. The school you are planning to go through will probably have information about scholarships that you can apply for. Also, online there is fastweb, and they have information about scholarships.

    I am also a returning student with a pre-existing BA. I was still able to qualify for Stafford loans and a federal nursing loan.

    I know of a couple of people who took out second mortgages to pay for school as well.

    You may also want to look into tuition reimbursement, which doesn't help with actually getting the loans but can help with paying them back. I would highly recommend contacting the financial aid person at the school you plan to attend. They usually have all sorts of resources and ideas that can help.
  4. by   EmeraldNYL
    Fill out the FAFSA anyway because you can get low interest loans from the government. I also have a Sallie Mae signature loan (www.salliemae.com). Also, some hospitals around my area are offering loan repayment for a 2-3 yr. committment, that's something worth checking into. Your state may have some partial loan repayment as well, I know PA does. BTW, I'm a second degree student also.
  5. by   emily_mom
    www.fastweb.com for scholarships...free
  6. by   New CCU RN
    I also agree about filling out the FASFA. My student loan currently has a 3.something interest rate. I didn't have to make a payment until 6 months after graduation and the interest did not start until I started paying. It also is how schools give you a financial aid package...which you never know you may qualify for grants or scholarships.
  7. by   Angella Walker
    Filing out the FAFSA is the first place to start. I guess I am too lazy to do all of that searching. My school was able to give me one of those Forgivable Nursing Loans. Your school Fin Aid office will have more info on the programs they participate in. Especially being a nursing student, there are special loans for us.
  8. by   Loubell RN 2B
    One of the scholarships that I am applying for is requesting my SAR report that you get back from FAFSA... So basically it is a good idea to do the application first before you go anywhere else for money... They will most likely ask you first thing if you have filled out your FAFSA, Wells Fargo asked me but did not request a copy prior to getting my school loan...

    Good luck with your search...

    Lynda in VA
  9. by   colleen10
    Hi Amy,

    I am a returning student also. Allready have a BS and loans from the first time around. I am planning on attending a two year, CC ADN program in the Fall. I have to work full-time while in school to pay for my house and living expenses, etc. and have found a part-time evening weekend program.

    Because I am part-time and I allready have a degree for which I recieved grants I imagine that I won't be getting any more grants and will have to either pay out of pocket or get a loan for nursing.

    I am thinking of getting a School Loan through the government. My first time around I took out a Stafford Loan, but, I read on the board - it may have been NRS Karen (she always has the most interesting stuff), that if you take out the other type of "loan" from the government you may not have to pay part of it back after you pass the Boards and start working as an RN in a hospital or facility that needs RN's. Off the top of my head, I can't remember what the exact name of it is.

    I believe Sallie Mae has some information on their website regarding tuition reimbursement once you start working also. It is a similar program. I believe they had a list of Learning Institutions by State so that you could see if your program was approved. I checked and mine was on the list.

    I think this is one area where it pays to do some research on your own. I know that the "Financial Aid" Departments for my current school and last school were not very helpful at all. I often knew more about different programs than they did. They didn't even know tht there were special programs for nursing students due to the shortage.

    If you find anything interesting out there feel free to post it.

    Col
  10. by   12BRN
    I have been wondering the same thing. I will have to quit my full-time job in August to attend the nursing classes and I have a house and the bills that go along with that. In Georgia, we have the Hope Grant which will help with tuition, but I need living expenses. I would love to find out more about the student loans for nurses. If anyone has any information, please post it or email me personally. Thanks!
  11. by   debyan
    I have never heard of a "Forgivable Nursing Loan" what is that ? My daughter is going full time and had to quit her job to be able to keep up with the work and it was tight with their finances but now my son-in-law 's not able to get the over time he had been getting "cut backs" and tight is slowly turning into a noose around their finacial necks. She said that because of their finances last year where they were just below the assistance level they have to wait til fall before they can get any assistance. Which sucks big time! So when See anything about student loans I am all ears deb
  12. by   2banurse
    I believe that it is the Perkins Loan that has the loan forgiveness if you work in an area that needs nurses (but nowadays, what area doesn't?!).

    Usually if you are trying to get any kind of scholarship through school, the FAFSA is required. The best thing to do is to fill it out as soon as possible. This way if you are eligible for any state/federal grant, you'll have a better chance and true though it might not be much, when you are a student, any sum is something, even if it just covers a textbook or two.

    Good luck!
    Kris
  13. by   Buttercup
    12BRN, I pm'd you.

    Chantel
  14. by   12BRN
    Buttercup,

    Does pm go to my private email address? If so, I'll get the message when I get home. Thank you!

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