RN to BSN Scholarships, Grants and Loans – How to Pay for Your Degree

No matter how much money you’ve put away towards your nursing RN to BSN tuition, chances are you will be eligible for financial aid to assist you as you pursue your degree. As you begin to look into financing your education, you’ll find that there are many grants, loans, scholarships, work-study and loan forgiveness programs that can help you deal with the expenses associated with nursing school.

Getting onboard for financial aid isn’t difficult. All you need to do is complete the Free Application for Federal Student Aid (FAFSA), which is usually a prerequisite for financial aid eligibility. What follows is a list of the many financial aid resources that are out there today.

RN to BSN Scholarships

Nursing scholarships recognize academic achievement, athletic ability, or artistic accomplishments, and while they may be very competitive, you won’t have to pay them back and they are also a great way to help pay for some of the costs of your education.

Depending on your specialized area of study, you may be able to get a scholarship from one of several different kinds of professional associations, such as religious organizations, private and public schools, small businesses, large corporations, community groups, and philanthropic foundations.

For more information, visit these nursing scholarship resources:

American Association of Colleges of Nursing (AACN) financial aid resources:
http://www.aacn.nche.edu/Education/financialaid.htm#aacnresources

Scholarship searching resource:
http://www.scholarshipexperts.com/signup.jsp?sourceid=254868

RN to BSN Nursing Grants

The major benefit to using nursing grants as a form of financial aid for your RN to BSN Degree is that you won’t have to pay back any of the money put towards your nursing education. There are over a thousand federal grant programs in the U.S., worth more than $400 billion total. While it does take some work to become eligible and apply for this aid, doing so can help you to save hundreds to thousands in nursing school expenses.

For more information, visit these financial aid resources:

RN to BSN Loans for Nursing

College loans can be a good investment to make in your future for your RN to BSN Program. They carry a lower interest because the federal government regulates the maximum interest that lenders can charge on federally guaranteed student loans, making the loans easier to pay back. Loan repayment doesn’t begin until six months after graduation.

Stafford Loan

The Stafford Loan is the most common federal student loan available. The Stafford Loan includes the Federal Family Education Loan (FFEL)Program and the William D. Ford Federal Direct Loan (Direct Loan) Program. As a student receiving a Stafford Loan, your funds will be directly dispersed to you. The amounts of this loan are distributed based on need.

Private Loan

Private loans offer higher limits and no payments until graduation, but your interest starts to accrue immediately after the loan is distributed. Private student loans can be made out to either students or parents.

PLUS Loan

PLUS Loans are distributed through FFEL and Direct Loan programs, but are geared toward parents. If you want to apply for a PLUS Loan, you need to be a dependent student enrolled at least half time in your undergraduate education, and your parent has to apply for the loan.

Grad PLUS Loan

If you are either a graduate or professional degree student, you may be eligible for a Grad PLUS Loan. This loan operates under the same terms and conditions as a regular PLUS Loan.
For more information, visit these financial aid resources:

•    FAFSA application and information - http://www.fafsa.ed.gov
•    Student loan information and opportunities - http://www.govloans.gov
•    Stafford Loan information - http://wwwstaffordloans.com

RN to BSN Nursing School Loan Forgiveness Programs

Loan forgiveness programs also exist, and they’re a great way for you to pay back your nursing college loans while you work. These programs are a great form of financial aid, as they allow you valuable nursing experience in a hospital setting while you get paid for your work and get reimbursed for your nursing school education.

For more information, visit these loan forgiveness resources:
•    Health Resources and Services Administration (HRSA) loan repayment program:
http://bhpr.hrsa.gov/nursing/loanrepay.htm
•    Financial aid student guide to loan forgiveness:
http://www.finaid.org/loans/forgiveness.phtml
•    Federal student loan forgiveness:
http://www.staffordloan.com/repayment/federal-student-loan-forgiveness.php

Learn more about nursing school financial aid and get resources nursing scholarships and grants so your focus can be on learning, and not on paying for your education.

Get Started with your Online Nursing Degree

Today it’s easier than ever for you to further your education and increase your salary with an online nursing degree. If you want to start taking steps towards becoming a nurse, find the online school and degree program that’s right for you today!

RN to BSN Nursing Resources

There are a lot of things to consider as you move forward with your education and begin plotting the course of your career, but you don’t have to do it alone. Get the information you need by exploring our Career Resources below.

RN to BSN Careers
Learn how going to nursing school can lead you to a wide variety of career opportunities in the world of nursing.

Accredited Nursing Schools
Learn more about the various nursing school options that exist for students looking to further their education and becoming professional nurses.

NCLEX Examination
Read about the National Council Licensure Examination (NCLEX) and learn the part that this test plays in launching your nursing career.

Nursing Shortage
Read about the health care industry’s high demand for nurses and learn why now is a better time than ever to enter this career field.

RN to BSN Salaries
Take a look at the salary trends affecting the nurses in the health care industry today, and learn how getting your education can lead to a higher pay.

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