Not sure where you got that information, but it's false. I'm in the UIC GEP, and we're considered Grad students from day 1, even though we're not until we pass the NCLEX. I chose GEP because it's the only way I could get loans; if you already have a bachelor's degree, you have to go for a master's in order to get financial aid. Hope that info helps somebody.
I've been accepted into the Graduate Entry program. Congratulations to everyone who got in. Kate mentioned that we'd have information on financial aid, etc., "by the beginning of July." Has anyone received anything?