RN to BSN Online Program Financial Aid
The Marcella Niehoff School of Nursing’s online RN to BSN program offers nurses a convenient way to advance their education and career. Our creatively designed Bachelor of Nursing Science degree recognizes previous credits and professional development eliminating time lost in repetitive courses. It was created specifically to accommodate busy nursing schedules and give those outside the geographical area an opportunity at a high quality education.
Loyola's RN to BSN online program is reasonably priced when compared to other nursing schools across the country. Tuition is $18,450 for 30 credit hours of nursing program plan ($615 per credit hour), applicable with maximum of 25 credits by nursing portfolio and maximum number of transfer credits (36 general education and 30 nursing credits). This particular program is given a discounted tuition upfront, which helps to make professional education affordable to all who desire a successful nursing career.
Application for Financial Aid
To be considered for financial aid, you must complete the Free Application for Federal Student Aid (FAFSA). The FAFSA is available online at www.fafsa.ed.gov.
Available Aid Programs
Financial assistance may be available from the following programs if eligibility requirements are met, and funds are available:
- Federal Pell Grant
- State of Illinois MAP Grant (for students who filed the FAFSA prior to March 25, 2011)
- Federal Nursing Student Loans
- Direct Subsidized or Unsubsidized Federal Stafford Loans (Generally students will be initially awarded at the freshman grade-level maximum amounts. After transfer credits are added by the School of Nursing, loans may be increased to the junior level)
- Alternative Student Loans (enrollment requirements are subject to the lender's discretion)
Students in the RN to BSN program do not receive Federal Work Study awards and will also not be awarded Institutional Grant and Scholarship assistance. Since the program is charged a reduced tuition, the discount that would be provided through these aid programs is given upfront, in the form of lower tuition.
Note: All new students must sign a new Master Promissory Note for the first Federal Direct Stafford Loan(s) borrowed at Loyola, even if a Federal Direct Stafford Loan was previously borrowed at a different institution.
Payment of Financial Aid
Loan funds are disbursed to Loyola University Chicago and applied by the Bursar to the student’s University account. Students receive an email to outline the specifics of each disbursement. If the funds are in excess of the charges, the remaining amount will be refunded by the Bursar to the student (electronically, if the student has a Direct Deposit profile established in Locus). The student may use the excess credit refund to make reimbursement for book purchases or to cover other educational expenses, as needed.
Scholarship assistance for students pursuing degrees in nursing are available from a number of private sources. There is no single site that is best to use for location of these options, but students can research and apply for scholarships from these sources.