According to the BLS Occupational Outlook Handbook, nursing will be the 2nd fastest growing profession in the country over the next decade. A degree in nursing will almost guarantee that you should be able to find steady employment throughout the remainder of your adult life. If you need economic support in order to complete your nursing degree, there are a myriad of options out there in addition to the typical sources.
Your Nursing School
Contact the schools on your target list and ask them about financial aid opportunities. There may be special loans, aid, or scholarships available for international or out-of-state students, as well as state based scholarships that are offered to local students. When you ask about financial aid at the time of application, you get a head start on nailing down financial aid so that you will have everything in place when you are ready to start school.
Additionally, nursing schools are a good source of information about grants that are available through various nursing grant awards. Definitely contact the admissions office every semester to inquire about any new awards or grants that may now be available. Many non-profits have specific programs to provide money to nursing students. These programs are most often targeted towards graduate students pursuing their Master?s or Doctorate degrees.
Scholarships
On top of scholarships offered by national non-profit organizations and government funded aid programs, there are many grants and scholarships offered only to nursing students. The following sections detail several organizations and scholarships that offer aid to students of nursing.
? Career Mobility Scholarship Award - This scholarship is awarded to practicing nurses that are trying to achieve a higher nursing degree such as LNs and LPNs that are trying to earn their Registered Nurse certification. These nurses also must be members of the American Academy of Medical-Surgical Nurses. The scholarship is $500. More information can be found at at medsurgnurse.org.
? The Patricia Smith Christenson Scholarship - This scholarship is offered to graduate-level nursing students that are currently registered and licensed. Canadian applicants receive preference, but anyone is open to apply.
? Nurse Options USA - Nurse Options USA is an employment agency for nurses that offers scholarships to students in RN programs in the final six months of study as well as previous RN graduates who yet to start working. These scholarships are provided with no strings attached or commitment to accept work through this agency. The agency dedicates a certain percentage of its profits to fund these scholarships.
Department of Health and Human Services
The Department of Health and Human Services offers a Nursing Student Loan Program, which offers very low interest rates as well as generous repayment terms. The loans are offered to economically needy students that are attending an accredited nursing program pursuing their associates, bachelors, or graduate degree in a nursing-related field.
National League of Nursing (NLN)
The NLN offers over forty thousand dollars in research scholarships and grants to nursing students that are doing research in nursing education. These scholarships are offered to assist in funding research that is consistent with the goals of the NLN, specifically providing for reform and innovations in nursing education.
Employers
Another place to turn for assistance with funding nursing school is your employer. This may even apply to students that are haven?t even started nursing school. Before going down other roads for scholarships or loans, check with your employer?s HR department and find out what potential education benefits may be offered.
There are many ways to supplement your income and provide support for securing your nursing degree. We have provided some ideas here, but the opportunities are limitless. Do some research, make some phone calls and you will find that there are many people and organizations out there that would love to help. Good luck!
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