Saturday, July 4, 2009

Nursing School Loans

If you want to become a nurse, you may be interested in nursing school loans. Getting a nursing degree can be quite expensive; but there is plenty of financial aid available.

In addition to traditional student loans, there is a wide array of scholarships and grants available. One of the chief benefits of a scholarship or grant, is that it's essentially free money, meaning you don't have to pay it back. The federal government has over 1000 federal programs in the US. You can get federal grant information and applications through the Free Application for Federal Student Aid (FAFSA) available at

You can also help pay for nursing school with the Nursing Student Loan Forgiveness Program (NSLFP) at While no one likes to be saddled with debt, a nursing school loan is an investment in your future.

As for the loan itself, it will generally have a low interest since the federal government regulates the interest rate maximums that lenders can charge on federally guaranteed student loans. This definitely helps make the loans easier to pay-back, plus you don't have to begin loan repayment until six months after graduation!

If you are considering a career in health care, a nursing school loan can help you have the career you want. You can pursue any type of certification, from Registered Nurse (RN), to Licensed Practical Nurse (LPN), even a Bachelor of Science in Nursing (BSN) degree. And nursing school loans can be used for obtaining an online nursing degree as well. The rewards you gain will be financial security, job security, and personal satisfaction that comes from helping others!


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