Paying for Nursing School and Financial Aid
Going back to school to pursue a second degree in nursing is an investment in your future. While earning a Bachelor of Science in Nursing (BSN) degree is a move that will likely come with a comfortable salary and job security, it also requires significant financial planning. Students in second-degree programs typically do not qualify for federal, state, or university grants/scholarships.
You may, however, be eligible for a federal or private loan—and possibly a third-party scholarship. Our Office of Student Financial Assistance can help you identify the best options for financing your Xavier nursing education.
Federal Direct Loans
Given the various low-interest loan options available through the U.S. Department of Education, we encourage you, no matter your income level, to apply for financial aid by submitting a Free Application for Federal Student Aid (FAFSA) — it’s the only way to know what type of loan you’re qualified to receive.
Federal student aid may not cover the total cost of attending our ABSN program. Therefore, it’s a good idea to research private lenders, such as banks or credit unions, and try to borrow from an institution with low-interest rates and good terms. Keep in mind that you may need a co-signer on a private loan.
There may be third-party scholarships that could help offset your nursing school costs. The Nurse Education Assistance Loan Program (NEALP), for example, provides financial assistance to Ohio students enrolled for at least half-time study in an approved Ohio pre-licensure nurse education program.