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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 March 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 March 1.

Additional funding opportunities

ANEW Grant

The Wayne State University College of Nursing received a four-year, $2.6 million Health Resources and Service Administration (HRSA) Advanced Nursing Education Workforce (ANEW) Grant for the project, "Aligning Diversity, Health Equity, Re-Envisioned Nursing Clinical Education in the D (ADHERENCE in the D),"which aims to enhance the preparation of family nurse practitioners (FNPs) and psychiatric-mental health nurse practitioners (PMHNPs) to work in medically underserved areas through an innovative clinical education model within three academic-practice partnerships in Southeast and Mid-Michigan in collaboration with the Michigan Area Health Education Center (MI-AHEC). 

The grant includes significant 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 FNP students and PMHNP students.

To better educate primary care advanced practice registered nurses and improve access to primary and psychiatric mental/behavioral health care in Michigan, the project will:

  • Build and expand academic-clinical partnerships to create experiential learning opportunities that prepare trainees to efficiently address health equity and social determinants of health for urban underserved populations.
  • Increase the diversity of the nursing workforce to better address the needs of the populations they serve by recruiting and supporting students and faculty, including those from diverse populations such as students and faculty from disadvantaged backgrounds and underrepresented minority groups in the nursing profession.
  • Increase the number of nurse practitioners trained to provide care to urban underserved populations.

This grant and the important work it will support reflects what is at the heart of our college’s mission and what we mean when we say we are leaders in urban health.

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.