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Department of Nursing

Financial Aid for MSN Students

While a graduate degree is a wise investment for your future, we realize that many expenses, including tuition, fees and books, are associated with a graduate education. Several programs are available at Angelo State University to assist you in financing your graduate studies.

Financial Assistance Available Through the Graduate School:
For information related to Academic Excellence Graduate Scholarships and Graduate Assistantships/Teaching Assistantships, go to: http://www.angelo.edu/dept/grad_school/financialassistance.html

Financial Assistance Available Through the University Financial Aid Office:
For information on loans and other federal programs, go to:
http://www.angelo.edu/services/financial_aid


Advanced Education Nursing Traineeships (AENP)

Financial Assistance Available Through the Department of Nursing: To be considered for financial assistance through the Department of Nursing, you must have been accepted to both the Graduate School and the Department of Nursing. There are a variety of programs available to MSN students including:

A traineeship will pay all, or part of, the costs of the tuition, books, and fees of a program of advanced nurse education, and the reasonable living expenses of the individual during the period for which the traineeship is provided. The amount of individual traineeships varies depending on the total amount of funding received by the Department of Nursing for traineeships, number of hours a student is enrolled in per semester, and the number of students applying for traineeships.

Under the Advanced Education Nursing Traineeship Program, support is limited to a maximum period of 36 months. Support for part-time study is limited to a maximum period of 12 months for students completing the last year of study.

Students must apply/reapply for a traineeship at least four weeks prior to each long semester. Students receiving a traineeship will be required to reimburse the University if they withdraw from the graduate program.

To apply for a traineeship, complete the Complete the Graduate Nursing Financial Aid Application and submit it to the Department of Nursing. The Department Head and Graduate Advisor will make final decisions on traineeship recipients.


Nursing Faculty Loan Program (NFLP)

The Nursing Faculty Loan Program (NFLP) is a loan program funded by the Health Resources and Services Administration (HRSA) Bureau of Health Professions which allows nursing schools to make low-interest loans to their students enrolled full time in advanced degree nursing programs, and who intend to teach in a nursing program after graduation. A NFLP loan can cover the cost of tuition, fees, books, lab expenses and other reasonable direct educational expenses. Loan recipients who complete the MSN-Nurse Educator Option may cancel up to 85% of the loan in exchange for service as full-time faculty at a school of nursing. To be eligible to receive a NFLP loan, a borrower must:

To apply for a NFLP loan, complete the following steps:

NFLP Form Packet, complete the following forms:

Promissory Note Fill out each academic year Fill out and Fax to: ASU Department of Financial Aid - (325) 942-2082
Rights and Responsibilities Fill out each academic year Fill out and Fax to: ASU Department of Financial Aid - (325) 942-2082
Employment Certification Complete after graduation Fill out and Fax to:ASU Office of Student Accounts - (325) 942-2701
Partial Cancellation of Loan Complete after graduation Fill out and Fax to: ASU Office of Student Accounts - (325) 942-2701
Disability Checklist Complete only if needed Fill out and Fax to: ASU Office of Student Accounts - (325) 942-2701
Postponement of Payment Complete only if needed Fill out and Fax to: ASU Office of Student Accounts - (325) 942-2701
Deferment Status Complete only if needed Fill out and Fax to: ASU Office of Student Accounts - (325) 942-2701
Exit Interview Complete at the end of each academic year. Fill out and Fax to: ASU Department of Financial Aid - (325) 942-2082
Forbearance of Loan Complete only if needed Fill out and Fax to: ASU Office of Student Accounts - (325) 942-2701

 

Shannon Medical Center/Boelsche Graduate Scholarships

Graduate nursing students enrolled in the CNS option, who demonstrate academic excellence and professional behavior, may apply for scholarship money from Shannon Medical Center when available.

Application Procedure:

1. Complete the Graduate Nursing Financial Aid Application and submit it to the Department of Nursing at least 4 weeks prior to the beginning of the fall semester.

2. The MSN Advisor will initiate discussion of possible candidates at faculty meeting in late spring after deadline for submission of applications.

3. Faculty will agree on a priority list of candidates who have demonstrated academic excellence and professional behaviors. Criteria for selection will be the following:
a. GPA of 3.0.
b. Need/financial hardship.
c. Course load of 6 hours or more.
d. Demonstrated involvement in department and other volunteer/professional activities.
4. Student will receive one-half of the money for the Fall semester and the remainder for the Spring semester as long as progression requirements have been met.

E-mail inquiries to Dr. Molly Walker at: molly.walker@angelo.edu