Nursing Student Loan

Eligibility

• Student must complete the FAFSA form and verification to be eligible.
• Given to upper-classmen in the nursing program with financial need.

Loan Amount (Maximum)

• Range $1,000 - $2,000
  
• Repayment
  
• Payments begin nine months after discontinuance of half-time status or after graduation.
  
• Minimum payments are $120 every three months.
  
• Payment is made back to A-B.

Interest Rate

• Interest rate is fixed at 5%
  
• Interest does not begin to accrue until student enters repayment