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Student and Parent Loans
Nursing Student Loan (NSL)
Undergraduate U.S. Citizens and Permanent Residents
 
Apply for this Loan
Complete Penn's financial aid application process
 
About this Loan
Description
This federally funded loan is awarded by Penn to nursing students based on evaluated financial need. Funds are limited and are normally awarded to supplement Direct Loans.
Eligibility
Requirements
Financial need as determined by Student Financial Services
Amount
first year $2,500
Sophomores $2,500
Juniors $4,000
Seniors $4,000
Aggregate Maximum $20,000
Interest Rates 5%
Fees None
Repayment 9 month grace period after graduation or withdrawal
Disbursement
Sign your loan note through E-Sign online
Funds are disbursed after the Promissory Note and accompanying disclosure documentation are signed
 

 

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