Federal Nursing Loan
This low-interest federal loan is available to undergraduate and graduate nursing students with a demonstrated financial need.
Interest on this low-interest loan does not accrue while in school at least half the time. The University of Kansas Medical Center is the lender.
Priority Deadline: March 1
Application: Free Application for Federal Student Aid (FAFSA)
Additional Items: This loan is awarded on a priority basis to eligible students. Once the loan is accepted, there will be further items needed, which will show up in the To-Do List on Enroll & Pay.
Interest Rate: 5% fixed
Does it have to be repaid? Yes
If yes, when? Starting 9 months after graduation
Annual Award Maximum: Annual Award Maximum: $8,588 for undergraduate students and $5,000 for graduate students
Aggregate Award Maximum: $26,928
Need-based: Yes
Enrollment: Must be enrolled at least half-time. For details on undergraduate and graduate enrollment please read KU Medical Center's enrollment information.
For more information, contact the Department of Student Financial Aid, at 913-588-5170 or email financialaid@kumc.edu.