Wayne State University

Aim Higher

Financial Aid & Scholarships

Several resources for financial assistance are available to College of Nursing students and applicants. A binder containing descriptions of each scholarships/aid opportunity, which will facilitate first steps in understanding and applying for assistance, can be found in the Office of Student Affairs, Room 10 Cohn Building.

Application Process

  1. All financial aid applicants (including new and returning students) must submit the required College of Nursing financial aid request form and complete the Free Application for Federal Student Aid (FAFSA) by 5 p.m. on May 1st each year in order to be considered for financial assistance.
  2. All financial aid/scholarship applicants who are new students offered admission in June must submit the required College of Nursing financial aid request form and complete the FAFSA at the same time that they accept admission to the program to be considered for financial aid disbursements.

Award Selection

  1. Scholarships and/or loans are awarded in compliance with applicable funding agencies’ regulations/guidelines/criteria.
  2. The College’s Financial Aid Committee is responsible for selecting scholarship, loan or traineeship recipients, with the most qualified applicants first. The two primary criteria are: 1) ability to be successful as a student (e.g. GPA, higher achiever) and 2) financial need as determined by the FAFSA.

Scholarship and Financial Aid Resources

Loans

Nursing Faculty Loan Program (NFLP)

The federally-funded Nursing Faculty Loan Program (NFLP) can make graduate school more affordable for those students planning to become full-time teaching nursing faculty. Graduates with NFLP loans who accept and maintain a full-time faculty position at any U.S. accredited school of nursing could have up to 85% of their loan forgiven.