Scholarship Description
The Nursing Student Loan Program provides loans to Wisconsin resident undergraduates or graduate students who are enrolled at least half-time at an eligible in-state institution that prepares them to be licensed as nurses, either RN or LPN. The maximum award per year is $3,000 with an overall maximum of $15,000.
The student who participates in this program must agree to be employed as a licensed nurse in Wisconsin. For each of the first two years the student works as a nurse or nurse educator and meets the eligibility criteria, 25% of the loan is forgiven. The balance remaining after forgiveness must be repaid at an interest rate of 5%. If the student does not work as a nurse or nurse educator and meet the eligibility criteria, the loan must be repaid at an interest rate of 5%.
| Application: | FAFSA and nomination by Financial Aid Office |
Eligibility Requirements
- For residents of the following states: Wisconsin
- Type of institution award is open to: two-year college
- Type of institution award is open to: four-year college
- Award is available to U.S. citizens
Application Requirements
- Application form required
- Financial need analysis required
How To Apply
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Report incorrect scholarship informationDonor: Wisconsin Higher Educational Aid Board
Organization is responsible for the management and oversight of the state’s student financial aid system for Wisconsin residents attending institutions of higher education.
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