Financial Assistance for your nursing degree
We all know how costly it can be to go to college. However, what some do not realize is just how costly it could be without a college education. When you weigh the differences, the benefits of going to college and paying a college loan are much greater. The problem is that most people do not have the cash on hand to pay for a college education. There are solutions!!
Paying for your college education
Getting a college education in the United States has never been easier. With so many resources available to Americans, it is hard to decide not to advance your education. Such things as scholarships and fellowships, student loans, grants, federal and state student aid, and help from employers are just a few of the options available. Here are just a few.
Scholarships and fellowships
CampusRN/AACN Nursing Scholarship Fund – Established in April 2003, this scholarship program supports students who are seeking a baccalaureate, master’s or doctoral degree in nursing.
American Association of Critical-Care Nurses (AACN) – Award recipients receive $1,500 per academic year. Qualified ethnic minority students can apply and be guaranteed at least twenty percent of the awards will be allocated to them. Applications are accepted in August through the financial aid office of the college or university.
ExceptionalNurse.com – ExceptionalNurse.com awards a scholarship of $250.00 to a qualified student with a disability to continue their education in a nursing education program. Other awards are also available to qualified applicants.
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General financing options.
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Pell Grants – Unlike a loan, it doesn’t have to be repaid. Generally, Pell Grants are awarded only to undergraduate students— those who haven’t earned a bachelor’s or graduate degree.
Federal Stafford Loans – Federally guaranteed educational loans to students using financial institutions such as U.S. Bank that participate in the FFEL program or through the federal government in the direct loan program.
FedMoney – U.S. federal government funded financial aid programs.
SallieMae – SallieMae offers student loans and provides information on managing student loans.
U.S. Department of Education – Federal Student Aid is an office of the Department of Education that helps all eligible Americans receive grants, loans and work-study programs for postsecondary education.
Private lenders – Of course you can turn to your own private lending company such as a bank or finance institution. Many private lenders even offer lower intrest rates for college loans.
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