Federal Nursing Loan

Loan Limits:

CampusNursing Degree ProgramGrade LevelMax Award Amount
KentBachelor's Degree2nd semester Freshman/SophomoreUp to $5,800
KentBachelor's DegreeJunior/SeniorUp to $8,800
Tuscarawas/East LiverpoolAssociate's Degree2nd semester Freshman, Sophomore, Junior, SeniorUp to $5,800
AshtabulaAssociate's Degree2nd semester Freshman, Sophomore, Junior, SeniorUp to $5,800
StarkBachelor's Degree2nd semester Freshman, Sophomore, Junior, SeniorUp to $4,500

Who is Eligible:

  • Nursing student must have unmet need.
  • Must have a college level GPA or 2.0 or greater.
  • Must be making Satisfactory Academic Progress.
  • Meet half-time or greater enrollment status in an eligible nursing program.
  • Nursing students must meet all federal criteria in order to be eligible for the loan.

How to Apply:

  • Submit FAFSA each and every year.
  • If you do not see the Federal Nursing Student Loan on your initial financial aid offer letter, submit the Kent State University Federal Nursing Loan Request Form (Dynamic Form).

Interest Rates/TERMS and conditions:

  • Fixed 5% interest rate.
  • Zero origination fees.
  • Serviced by Heartland ECSI.
  • 9-month grace period after graduation or student ceases to be enrolled at least half time.
  • Repayment begins after grace period.