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Nursing Student Loans Private Financial Aid

Nursing Student Loans Private Financial Aid

Nursing Student loan from Government

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One of the federally funded loan programs is the Nursing Student Loan (NSL) program which has low interest and a long term repayment plan. All students studying for diploma, Associates, Bachelor and Master degree in nursing are eligible for the NSL. The NSL is a campus based program and the funds are allocated through the financial aid department of your nursing school. To apply for the NSL

  • Check with your school authorities if they participate in the NSL program
  • If they do, make sure you file the FAFSA without fail as the basis of NSL funds is the FAFSA application. If you forgot to apply the FAFSA in time, you can count yourself out of the NSL program
  • Apart from FAFSA, separate application also needs to be submitted to the NSL program through the financial aid office of your nursing school
  • Your application has to be submitted along with the Master Promissory Note that will be provided to you by your nursing school
  • Under this program, preference is always given to students who require financial assistance

While these governmental loans are a blessing, not all are able to avail it. Read more