Nursing School Loans - Helping You to Help Others
Nursing is a rewarding profession that helps millions of patients every day. It also offers a great salary, valuable benefits and leaves room for medical advancement. The only problem is that it costs money to attend nursing school, and that's money that you may not have. The good thing is that you have many federal and private student loan options to get you through your nursing school years.
What is a Nursing School Loan?
A nursing school loan is a loan offered by a federal or private agency to help cover the costs of your nursing school attendance. It is wise to check with the school you are attending because they may offer special graduate nursing school loans especially for your school.
Do I need my parents to get a loan for college? Do we get different loans?
Don't know how to pay for college? A private student loan can get you the money you need.
Loans for your parents, an education for you. How the PLUS Loan program works.
Private Nursing School Loans
Private nursing school loans are offered by private banks and online lenders to help you pay for school. With so many private lenders offering competitive interest rates and nursing education loan repayment options, you should thoroughly research any prospects and compare their features. You can also look in our private/alternative student loan section to see all the benefits of this type of loan
Federal Options for Nursing School Students
You can choose from a variety of federal student loans to help you pay for nursing school. Your options consist of Subsidized and Unsubsidized Stafford Loans, Federal Perkins Loans and Graduate PLUS Loans. If your school has chosen to use a federal PLUS loan to help you pay for your degree, then you can choose either a Direct PLUS loan or one from the FFELP (Federal Family Education Loan Program). You can refer to our Direct PLUS Loans vs. FFELP chart to learn more.
Many colleges and universities offer their nursing school students special federal-type loans that are specific to the school's nursing program. Federal college nursing school loans offer many of the same benefits as a Perkins Loan, such as low interest and multiple repayment options, so be sure to complete your FAFSA and ask your school if they have a nursing school student loan.