Scholarships & Loans

SiennaGreen · Oct 25, 2009

Our state BON has alink to various state and corporate programs. begin with your schools FA office. get a book fromthe library, or heck just google search Nursing Scholarships. Start somewhere.

Pneumothorax, BSN, RN · Oct 25, 2009

i ask because a lot of these places are "scams" cuz they know you need the money and ask for your personal information.

so if some of you have applied for loans that are legit... id like to know..

SiennaGreen · Oct 26, 2009

sorry to come off flippant. you're wise to be discerning. do a forum search here, if you haven't already. johnson & johnson web site for nurses has a list. indian health services. HRSA.

are you a solid grant/scholarship candidate? or are you looking for loans? have you exhausted your school aid office and any connection they may have?

diane227, LPN, RN · Oct 26, 2009

I was in the age before the internet. I went to the university financial aid office way before the semester started and begin to make my applications. Since my father was dead and my mother did not carry me as a dependent on her income tax I fell below the poverty line and was eligible for federal grant money. But you have to apply EARLY because they money gets taken up soon. Grant money paid for my entire 5 years of college. All I had to do was maintain a passing GPA. I only had one small loan and owed $800 after graduation from college. Don't just try to do this by yourself on the internet. Way too many scams out there.

UVA Grad Nursing · Oct 26, 2009

I second the Johnson and Johnson site (www.discovernursing.com). They manage a very good database of legit nursing scholarships.

Nursing aid comes in three general formats:

1. Need-based aid (federal, state, and private). This is based on the FAFSA and the Estimated Costs of Attendance at a school (tuition, basic room, board).

2. Merit-based scholarships (based on your grades or certain demographic features). For example at my university, I oversee 90+ named scholarships each with different qualifications. One is for someone who lives in a tobacco-growing county (it is Virginia, after all). Another is for someone with a background in neuro nursing. Another is for an unmarried Christian woman. A fourth is for someone dedicated to serve in a primary care role in a rural area, etc. I also receive several federal grants to administer as financial aid.

3. Loans and Loan forgiveness. Federal loans use the FAFSA qualifications for the amount of loan (and interest rate). What used to be private loans are being consolidated now under federal guidelines. There are also loan forgiveness programs (based on you doing certain things after you graduate). This could be serving in the National Health Service corps, or becoming a faculty member. Some loan forgiveness programs you apply for before you get the money (faculty loans, for example), others you apply for them after you have graduated.

Definitely look at the financial aid pages for the programs that you are considering. Good luck

Pneumothorax, BSN, RN · Oct 28, 2009

I was in the age before the internet. I went to the university financial aid office way before the semester started and begin to make my applications. Since my father was dead and my mother did not carry me as a dependent on her income tax I fell below the poverty line and was eligible for federal grant money. But you have to apply EARLY because they money gets taken up soon. Grant money paid for my entire 5 years of college. All I had to do was maintain a passing GPA. I only had one small loan and owed $800 after graduation from college. Don't just try to do this by yourself on the internet. Way too many scams out there.

I second the Johnson and Johnson site (www.discovernursing.com). They manage a very good database of legit nursing scholarships.
Nursing aid comes in three general formats:
1. Need-based aid (federal, state, and private). This is based on the FAFSA and the Estimated Costs of Attendance at a school (tuition, basic room, board).
2. Merit-based scholarships (based on your grades or certain demographic features). For example at my university, I oversee 90+ named scholarships each with different qualifications. One is for someone who lives in a tobacco-growing county (it is Virginia, after all). Another is for someone with a background in neuro nursing. Another is for an unmarried Christian woman. A fourth is for someone dedicated to serve in a primary care role in a rural area, etc. I also receive several federal grants to administer as financial aid.
3. Loans and Loan forgiveness. Federal loans use the FAFSA qualifications for the amount of loan (and interest rate). What used to be private loans are being consolidated now under federal guidelines. There are also loan forgiveness programs (based on you doing certain things after you graduate). This could be serving in the National Health Service corps, or becoming a faculty member. Some loan forgiveness programs you apply for before you get the money (faculty loans, for example), others you apply for them after you have graduated.
Definitely look at the financial aid pages for the programs that you are considering. Good luck

exactly. too many scams.

do u know when the loan starts to collect interest from a federal loan? is it 6months or 12?

thx