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College of Nursing College of Nursing

Financial aid and scholarships

Several resources for financial assistance are available to College of Nursing students.

Application process

New and returning students

All financial aid/scholarship applicants must complete and submit:

  1. The university ScholarshipUniverse application
  2. The Free Application for Federal Student Aid (FAFSA)

This must be done each year to be considered for financial aid and/or scholarships. The deadline to submit is 5 p.m. March 1.  All financial aid decisions will be made by May 1.

Award selection

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

Loans

Nursing Faculty Loan Program (NFLP)

The federally funded Nursing Faculty Loan Program (NFLP) can make graduate school more affordable for 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.

A student who wishes to be considered for a NFLP loan must:

  1. Complete and submit the university ScholarshipUniverse application.
  2. Complete the online College of Nursing NFLP application; the link will open in October and close July 1 each year.
  3. Submit a completed FAFSA. (NFLP loans are not need-based; however, a completed FAFSA is part of the federal approval process for this program)

Continuing students and new students must submit these items by by 5 p.m. on July 1.

Additional funding opportunities

ANEW Grant

The Wayne State University College of Nursing received a four-year Health Resources and Service Administration (HRSA) Advanced Nursing Education Workforce (ANEW) Grant to enhance the preparation of family nurse practitioners (FNPs) and psychiatric-mental health nurse practitioners (PMHNPs) through an innovative clinical education model within three academic-practice partnerships in Southeast and Mid-Michigan. 

The grant includes funding to support the education and training of 72 graduate students over four years at our college (9 FNP/9 PMHNP per academic year), committing $25,000 annually to each student to cover the cost of tuition in the final year of clinical courses for training in the delivery of primary and behavioral health care in Michigan.

Criteria for selection in the ANEW Grant include:

  • Students must be enrolled in the FNP or PMHNP DNP/MSN program.
  • Students must be U.S. citizens or have permanent resident status and be local students. 
  • Students who have or are currently receiving HRSA, State of Michigan, or other training grant funding are not eligible to apply.
  • Students must respond to surveys from the grant.
  • Students must complete online learning modules focused on primary care. 
  • Students must attend semester meetings and the Graduation Workshop.
  • Students must participate in a clinical experience for three semesters at a grant partner site in Detroit or Mid-Michigan.
  • Students must agree to work in primary care anywhere in the U.S. following graduation for a minimum of one year.
  • Students must agree to work in primary care anywhere in the U.S. following graduation for a minimum of one year.

Applications for the program are due by April 15th. Students will be notified of selection within a month of application. If you have questions about the program, please contact Dr. Nicole Wheeler at bv8083@wayne.edu for more information.

IMPACT Grant

The WSU College of Nursing will collaborate with our statewide clinical partners to provide supportive funding and clinical education to registered nurses seeking to purse graduate level education to become a psychiatric-mental health nurse practitioner providing care to Michigan residents.

Advantages of participation in the IMPACT traineeship include:

  • The opportunity to pursue advanced nursing education as a PMHNP at the MSN, GC, or DNP levels.
  • County, state and national networking opportunities with professionals and students involved in the program.
  • A $30,000 stipend to assist with tuition and/or other educational expenses.

Criteria for selection in the IMPACT Traineeship include:

  • Admission into the College of Nursing's PMHNP program as either an MSN, GC, or DNP (must have been admitted prior to fall 2021) and/or good academic standing and proven ability to work well with clients, colleagues and instructors.
  • Successful completion of at least one semester of graduate level nursing education.
  • A commitment to:
    • Complete the educational program as a full-time student.
    • Attend and/or assist with a pre-placement training and paperwork.
    • Semester meetings with program coordinator to assess progress.
    • Complete program evaluation activities post-graduation.
    • Commit to working within in Michigan as a PMHNP for a minimum of one year post graduation.
    • Alumni of the program will be expected to return once a year to share their experiences, participate on the selection committee and, if working in the training field sites, serve as preceptors to new students.

Applications for the program are due July 26, 2024. Students will be notified of selection by the end of the month. If you have questions about the program, please contact Dr. Umeika Stephens at ak4579@wayne.edu for more information.

Resources

 If you would like more information regarding financial aid and scholarships, please call the Office of Student Affairs at 313-577-4082.