The Nursing Student Loan program provides long-term, low-interest loans to financially needy students. Students must be enrolled full-time or part-time, and must be pursuing a bachelors degree or graduate degree in nursing. These loans come from Title VII of the Higher Education Act and are not private loans.

To be considered for Nursing Loan eligibility, student must: 

• Complete a valid FAFSA by the March 1 priority deadline.
• Be a U.S. citizen, national, or a lawful permanent resident of the United States or the District of Columbia, the commonwealths of Puerto Rico or the Marianas Islands, Virgin Islands, Guam, American Samoa, Trust Territory of the Pacific Islands,  Republic of Palau, Republic of the Marshall Islands, and the Federated State of Micronesia.
• Meet the income eligibility criteria as determined by HRSA, BHP.

Students must complete the steps to be reviewed for Nursing Loan eligibility. 

1. Complete the FAFSA by the March 1 priority deadline (UMB School Code: 002104).
2. Accept the loan on SURFS. Students receive an email to their University email account (or email listed on their FAFSA for incoming students) once their aid offer is available. 
   • Students are required to accept their loan and complete all necessary paperwork within six weeks of the initial offer. After six weeks, the loan will be canceled and offered to other students. Due to the fact that there is limited funding available, it is highly unlikely that we will be able to re-offer a loan that has been canceled.
     
3. Turn in signed copies of student and parent's IRS Tax Return Transcripts.
   • Dependent undergraduates must turn in a signed copy of their IRS Tax Return Transcript and a signed copy of their parent’s IRS Tax Return Transcript.
   • Independent students must turn in the a signed copy of their IRS Tax Return Transcript only.
   • If you or your parents did not file federal income taxes, then you must turn in W2 forms and the Non-Tax Filer Form.
   • IRS Tax Forms can be requested here: https://www.irs.gov/individuals/get-transcript. 
4. Complete the Master Promissory Note (MPN) and Truth Lending Forms on https://borrower.ecsi.net.
   • Students will receive an email from ECSI once the counselor has confirmed their eligibility for the loan. The email will direct students to log in and complete a series of Truth in Lending Forms and also a Master Promissory Note for the Nursing Loan.

The Nursing Loan is a subsidized loan, meaning that it will not accrue interest until after graduation. 

Upon graduation, the loan has a 12-month grace period during which the loan will not be accruing interest and the student is not required to make any payments.