State-Funded Programs
In addition to federal financial assistance, state grant and scholarship programs may be available, providing funding to students who demonstrate financial need or who have successfully achieved certain academic qualifications. Typically, state grant recipients must attend an institution in their home state, and they or their parents must have resided in the state for a period of time. Proof of residency is usually required.
Non-Federal Student Loans
Many FFEL lenders also offer private loans to students to supplement their federal financial aid. Such loans are not subject to federal student loan rules. Terms of repayment, including interest rates, vary by loan. Lenders perform a credit check and determine a loan applicant’s creditworthiness before approving these loans. A loan applicant may also be required to provide a creditworthy co-signer before a loan will be approved. Additional information and application assistance are available from a student finance advisor.
AmeriCorps
Education awards earned through service in AmeriCorps, a program enabling Americans to perform community service in local projects, may be used to help pay educational costs. These awards may also be used to repay educational loans. Students may work on AmeriCorps-approved projects either full or part-time, before, during or after attending a post-secondary institution. Further information is available at www.americorps.org.
Veterans’ Benefits
Students who may qualify for veterans’ educational benefits should notify their Chamberlain admission advisor and meet with the student finance advisor regarding eligibility as far in advance of their scheduled class start date as possible.
Employer Tuition Reimbursement
Some students may be eligible for employer tuition reimbursement benefits. Students should contact their work supervisor or human resources department to determine whether tuition reimbursement is available. Tuition reimbursement does not eliminate students’ responsibility to pay tuition before the start of each term.
Institutional Scholarships and Grants
Chamberlain College of Nursing offers academic and service-based scholarships to new and current students. Funds are subject to availability. Contact a student finance advisor for an application and/or deadlines.
Additional Sources
Many national, regional and local groups and organizations sponsor scholarships and/or loans. Some of these sources are National Student Nurse Association (NSNA), National League for Nursing (NLN), and the state nurses’ association. To explore the numerous sources of financial assistance, to obtain an application or learn about priority dates for applications, consult a student finance advisor, or click on the scholarship links at www.chamberlain.edu/financialaid.