Financial Aid

Announcements We are working on packaging (tirelessly) 2015 Taxes filed as soon as possible – Use 2015 Taxes to file FAFSA as soon as possible

Types of Aid Penn Nursing Grant – Based on Financial Need Federal Loans – Perkins - Currently forgivable over 5 years – Nursing Student Loan - Maximum interest rate of 5% – Direct Loan - fixed interest rate, may be deferred – Direct Parent Plus (for Dependents under 24) Federal Work Study Alternative Loans

Some important things to look for when researching Alternative/Private Loan Lenders: Co-signers are required for most students. What are their current interest rates? Are they fixed or variable? What are the terms and how do the rates vary? Are lower rates offered with a co-signer? Please visit the SFS Alternative Loan website: ndersundergraduate.htm Disclaimer: The University does not require use of the listed vendors; these are simply vendor options. Feel free to take advantage of any lending source available to you.

Accelerated Nursing Scholarship Over $250,000 available for the 2016 cohort External Resources: External-Resources.aspx External-Resources.aspx Nurse Corps Scholarship Program Scholarships and Resources

Educational Expenses Tuition & Fees: Summer Tuition $ 21,500 Estimated Fees and Living Expenses 5,700 Total Summer Costs: $ 27,200 Full Time Tuition(Fall & Spring) $ 43,000 Estimated Fees and Living Expenses 24,800 Total Tuition & Fees: $ 67,800

Living Expense Budget Academic Year Estimated Fees and Living Expense Budget: $24,800 Includes: Housing, meals, books and personal expenses. Health Insurance* (estimate) $3,400 *not part of student budget, can request budget increase to cover costs

Payment Options Penn Monthly Budget Plan – Available for academic year only – Enroll begins in March – Penn Pay – Link through the Penn Portal or Penn InTouch – use.htm use.htm

Repayment Programs Public Service Loan Forgiveness Program Nursing Education Loan Repayment Program Indian Health Service Loan Repayment Program National Health Service Corps Loan Repayment Program (MIDW & FNP)

Questions?