Financial assistance above and beyond that provided for other types of college students is designed as cash leverage in an industry that direly needs new blood. Healthcare cannot afford any possible human resource loss due to the financial straits of its most talented pool of students.
Fact is when the healthcare system is going down without enough nurses, money will always be made an incentive.
The various types of student loans include:
Primary sources for student loans designed specifically for nursing students are government sources and schools of nursing themselves.
Nursing student loans are intended to attract more students to the field, including those with financial need. The lure is a combination of low interest rates, affordable repayment options, and other possible perks.
Besides straightforward nursing loans you can also find loan programs that dovetail with loan forgiveness programs, as well. To qualify for the loan forgiveness part of the deal expect to be obligated to agree via contract to working for a specified period of time in a medically underserved healthcare facility, which could put you in the middle of an urban environment or out in a rural clinic.
Are you a Nurse Practitioner, Nurse Midwife, Nurse Faculty or Educator? You could qualify for student loans or loan forgiveness uniquely created for your specialty. Why? These are a few of the very in-demand advanced practice nurses and money helps.