Masters in Nursing Scholarships, Grants and Loans
Nursing students are eligible for a host of financial aid options in the form of scholarships, grants, and loans. Federal and state government; professional associations; foundations; and colleges are just some of the avenues to explore when looking up financial aid for your Masters of Science (MSN) in nursing degree program. Here is a good page to look up scholarships and financial aid resources for nursing students.
Your college financial aid office is the best place to begin gathering information on the best funding sources for you given your past academic record and financial status – the two common criteria used for issuing aid. You should also learn about aid options that come with strings attached, for example certain scholarships may require that you work in a rural healthcare facility for a period after completing your course and still some may require prior membership of an organization or association. Fill your FAFSA form and be ready with necessary documents to furnish so that when the time for applying comes you are ready to move.
Apart from subject- and degree-related aid options there are other options too. Foundations and organizations that promote education amongst minorities, military personnel, gender- and age-based promotions, etc should be considered.
Although scholarships and grants are the better alternatives as compared to loans; you should consider loans if you are not eligible for “free money” or the amount is insufficient. Loans can be either subsidized or unsubsidized. The Federal Family Education Loan (FFEL) program should be your first stop when looking up loans to fund your MSN studies.
The Global Scholarship Alliance (GSA) is a social organization that aims to provide quality nurses and ease the shortage of nursing professionals. The GSA scholarship program offers full nursing scholarships, mostly to advanced level nursing students, such as those pursuing an MSN degree.