Graduate Nursing Financial Aid & Tuition
A graduate nursing degree from TCU Nursing is an investment in your future, but you don’t have to make it alone.
To determine your eligibility for Federal Direct Loans, you will need to submit the 2020-2021 Free Application for Federal Student Aid (FAFSA) to the Federal processor using your 2018 tax information at https://fafsa.ed.gov.
The Federal Direct Unsubsidized Loan is not based on financial need. Student accrues interest on the Unsubsidized loan upon disbursement while in school. The Federal Direct Loan maximum annual loan limit is $20,500.
For more information, contact:
Sadler Hall Room 3101
|Fall 2020 & Spring 2021||$1,790 per credit hour|
|ONLINE COURSE FEES||$130 per course|
|PRACTICUM/CLINICAL FEES||$150 per course|
Nurse Faculty Loan Program
The Nurse Faculty Loan Program is available to assist eligible nursing students with tuition. For detailed information about the program, please contact firstname.lastname@example.org.
The Nurse Faculty Loan Program is an 85 percent forgiveness loan funded by the federal government (HRSA). Money from this program can be used to cover tuition, fees, and books. To participate, candidates must agree to teach full time (fall and spring semesters) following graduation at an accredited nursing program in the U.S. for four years. The forgiveness is incremental — 20 percent is forgiven each year for the first three years, then the final 25 percent is forgiven after the fourth year.
Loan recipients not in the Nurse Educator MSN program are also required to complete six additional master’s level courses (12 credit hours) in nursing education. These courses will add one year to the program completion date.
Many students who have taken this money have successfully negotiated upfront to have the school of nursing where they are going to be working pay the 15 percent of the money not funded by the loan in exchange for a guaranteed four years of work.
Please note: This is federal money and the loan availability is not guaranteed. It can “go away” at any time and recipients would be required to pay back any monies already received.
The NFLP Administrative Guidelines can be found at https://www.hrsa.gov/grants/find-funding/hrsa-21-015.