Statistics show that college costs are rising dramatically. Some schools cost upwards of $30,000 per year, not including textbooks and other supplies. This is leading to a sharp decline in enrollment. Should you give up your dream of becoming a nurse? Perhaps not, there is high demand for nurses. For this reason, nursing school scholarships are easy to find.

Though there are many nursing school scholarships available to men and woman who dream of entering the field of nursing, you do have to do your research. Plan to spend a good deal of time searching for grants and scholarships online, in medical publications, local hospitals, and through university financial departments.

The best place to start searching for nursing school scholarships is at the colleges or universities where you plan to apply. Every college or university has a toll-free phone number. Call the financial department and ask for help in finding scholarships or grants that apply to your needs and financial standing.

In some cases, the institution for higher learning will only give you this information if you have been accepted. If that is the case with one or more of your choices, you may want to start your search online. Check with the federal government as they have many programs available. Many online companies will run the searches for you at no charge, use them to your advantage. Avoid companies who make you pay any fees.

Check with hospitals and medical practices in your area for any grants and nursing school scholarships that are available. They will have lists of grants, scholarships, and even work study programs. They may also be able to help you select the best area colleges and universities. Some hospitals may even agree to pay for your education if you sign a contract with them that states in exchange for your college education you will remain an employee of their hospital for a certain number of years. This is an excellent program that keeps young adults from leaving states after college.

Remember that some scholarships will be restricted to minority groups, low income families, children of labor union organizations, athletic groups, children whose parents are employees of certain businesses, foster children, and honor students. Do not become discouraged when you discover that there is not much out there that fits your needs. Keep searching because you will come across a number of suitable programs. It just takes time.

Being organized is essential when searching for nursing school scholarships and grants. Keep all necessary paperwork on hand and ready to be faxed or mailed to the financial program. Income statements, personal essays, and school transcripts are usually required additions to the application. Make sure you have them handy.

Regardless of your financial or ethnic standings, there are nursing school scholarships available. Stick with it and you can make your dreams of nursing come true.

Jeff Mictabor asked:


Hopefully by now your child has decided which college to attend this fall, and you are beginning to formulate your financial strategy for how you will fund the college experience. An excellent option is the PLUS Loan or Parent Loans for Undergraduate Students, recommended by NextStudent, a leading Phoenix-based education funding company.

As long as your child is enrolled in school at least half-time, this federally backed student loan allows parents to borrow funds to cover such things as tuition, housing and meals and even books and supplies, up to the total cost of the student’s education, minus any other aid.

In order to be eligible for the PLUS Loan, both students and their parents must complete the Free Application for Federal Student Aid (FAFSA). According to NextStudent, parents cannot be turned down for the PLUS Loan based on too high or too low an income, because the student loan is not based on financial need or how much money parents earn. However, parents can be turned down for an adverse credit history. Once the FAFSA is submitted and reviewed by the government, parents will receive a Student Aid Report, which will allow them to apply for the PLUS loan. Applying for a NextStudent PLUS Loan is simple and easy and may be done either over the phone in as few as five minutes, or it may be done online using E-Signature.

Availability after Tuition is Paid Makes PLUS Loans Convenient

A welcome feature of the PLUS Loan is that it is available even when parents already have paid for their child’s tuition and other related educational expenses. Although the maximum interest rate on the PLUS Loan is set by the federal government, NextStudent offers many opportunities for parents to save money through incentives.

For instance, when borrowers fund their PLUS Loan through NextStudent and pay via auto-debit, they will receive a .25 percent reduction on their interest rate. In addition, after making 12 consecutive on-time payments, borrowers will receive a 3 percent cash rebate on their remaining principal balance, and a 2 percent rate reduction after 48 consecutive on-time payments.

Grad PLUS Loans Offered by NextStudent

A similar federal student loan product called the Grad PLUS Loan is available for those individuals who decide to pursue graduate or further professional studies and enables students to fund their education themselves. Again, students may finance the entire cost of their graduate work (minus federal aid) and use the funds to pay for any associated costs such as supplies, books and other materials. While the Grad PLUS Loan Program’s maximum interest rates are set by the federal government, just like with the PLUS loan Program, NextStudent offers many money-saving competitive benefits for those pursuing postsecondary education. An additional incentive is that students have the option of postponing repayment until after graduation. Additionally, like PLUS Loan borrowers Grad PLUS borrowers may be eligible for a federal student loan consolidation.

NextStudent believes that getting an education is the best investment you can make, and it is dedicated to helping you pursue your education dreams by making college funding simple. Learn more about Student Loans, Private Student Loans, and Student Loan Consolidation.

Donald Saunders asked:


When most people think about college scholarships they tend to think about scholarships being awarded by major companies and by the larger academic bodies and these are certainly very good sources of funding. However, they also carry one major problem and that is that competition for these scholarships is fierce with hundreds of thousands of applications pouring in from all across the country. It might be a great feather in your cap to get one of these scholarships but your chances of doing so are almost as good as they are of winning the lottery.

For many students a better alternative would be to look for an institutional scholarship.

Almost every college will award at least one institutional (in-house) scholarship each year and many of the larger colleges will award several, often having scholarships available within each department of the college. If you are attending one of the larger colleges it is possible therefore that you could be eligible to apply for several scholarships within your own institution.

Although institutional scholarships have been around for many years, surprisingly a relatively low percentage of students tend to apply for them in comparison to the better known and well publicized national scholarship programs. Now one thing to note here is that not all of these scholarships will cover the full costs of attending college and many will be limited to just tuition fees, or to covering only housing costs. Nonetheless, the sums of money available are often substantial and they can certainly reduce your college costs considerably.

Many of the larger colleges will also have departments dedicated solely to student financial aid, including scholarships, and will provide you with details of just what scholarships are available and how to go about applying for them. This can be a very good place to start as you can get a great deal of information to point you in the right direction and help to ensure that you get your application in on time and prepared to put you in the best possible light for consideration. You will also find that some colleges have websites which also provide information about available scholarships, together with details of the application procedure.

For those people who are familiar with the application procedure for nationally available scholarships, you will find that the process is essentially the same for institutional scholarships. Each scholarship will however have its own specific requirements and so you need to ensure that you read these through carefully and follow the instructions precisely. Also, be sure to check carefully to ensure that you are eligible for a scholarship before applying. Most scholarships will have a list of criteria which you must meet before submitting an application and, if you are in any doubt, you should ask the awarding body before applying.

One benefit of institutional scholarships is that, because there is less competition, you do not usually need to wait too long before finding out whether or not your application has been successful. Another benefit (although it may not seem like a benefit at the time) is that, if you are not successful, you will nevertheless have gained valuable experience of the application procedure at your college and will therefore be better prepared when it comes to making a further application in the second and subsequent years.

If you have not investigated the availability of scholarships within your own college then take the time to do so now and get your applications in. If you are successful then it will certainly make your time at college (and in the ‘debt repayment’ years following college) a lot easier and you have nothing to lose by applying. If they turn you down you are no worse off than you are now, but it they award you a scholarship then you are sitting pretty.

Charlotte Buelow asked:

Current trends predict college tuition will continue to increasing at a rate twice that of inflation. A 2006 College Board report announced that tuition has risen 35% in the last five years. As a result, parents continue to worry about higher education expenses. How can future college students and their parents prepare for this imminent expense?

1. Calculate. Many tools are available to help parents plan for future costs. The College Cost Projector that is available from FinAid.org allows one to project future college tuition costs based on inflation rates and years of matriculation.

Other calculators, like the Tuition Savings Calculator from MSN Money.com, take into consideration variables like such as current funds, rate of returns, taxes, and college costs and help one to deduce the annual savings payment required.

2. Save! Once you have projected future tuition costs, begin saving small amounts along the way. One easy way is to take advantage of credit card offers such as the one described by College Money Guru Joseph Hurley from Bankrate.com.

Some credit card companies may offer the opportunity to start a 529 plan, a plan in which rebates are incurred for each purchase made on the card. These rebates will be put into the 529 fund to pay for future college education. However, this strategy only works if the credit card bill is paid every month, otherwise interest will out shine rebates.

3. Apply for scholarships. Thousands of scholarships are available and found easily through schools, service organizations and online. Fastweb.com remains one of the most popular scholarships sites, offering ways to narrow down searches to only the scholarships each specific college student needs. Scholarships can be given on a semester, year, two-year or four-year basis and vary in amounts.

Students should start searching for scholarships early and apply for as many as possible. The more scholarships the student applies for, the higher chance there is to receive a scholarship.

4. Apply for grants. Grants may also be used to fund education, although in smaller amounts than most scholarships. However, grants do not require as rigorous an application process as scholarships and are given out more freely. Many different types of grants exist including federal, state, minority, gender and low income.

One great way to search out grants is online through sites such as CollegeScholarships.org or by searching your state’s website for college grants.

5. Loans. Even with utilizing all the factors for financing a college education, there may still be a small gap that needs to be filled by loans. Just as scholarships and grants vary, so do too the types of loans. Federal student loans allow for the student to eventually pay off the loan after graduation.

The College Board (collegeboard.com) offers such a loan and allows for payment to be deferred until six months after graduation. A cosigner is required for this loan, but the cosigner may be dropped after a certain number of on-time payments from the student.

Parent loans, such as the federal PLUS loan (as described by finaid.org), have fixed interest rates and are not subsidized while the child is still in school. Loans such as the PLUS are fairly easy to acquire as only a modest credit check is required.

Finally, private loans may be taken out by the student and are often used to supplement federal loans. If students do not meet the credit requirements to obtain private loans, they may still be able to do so if their cosigner meets such requirements.

Even with the rising cost of tuition, college education is still possible through the utilization of these 5 easy tips. When used together, calculating, saving, scholarships, grants and loans will make your college student’s dreams happen.

Jon Arnold asked:

Finding a college scholarship is important if you’re going to go to college. Going to college today is imperative if you plan on getting a quality job and being successful in life; however, the prices of a good college education have never been higher before. Today the costs of attending college are skyrocketing, making a college education an expensive investment that many are finding themselves unable to afford. However, there are a variety of college scholarships available to help students with college costs, but many are not even trying to apply. If you are looking for a way that you can afford college, then you may want to try applying for a college scholarship to help you afford your education.

Although you will find that there are many options to choose from when you are looking for a college scholarship, many of these scholarships are going unawarded each year, simply because no one has applied for them. There are actually thousands of different scholarships out there that one can apply for. Although many of these scholarships are merit based, there are different qualifications for each scholarship, and many are not based on just merit or financial need alone.

If you are looking for a college scholarship, you will find that many of them are based on financial need. This means that those who are having difficulties coming up with the money to go to college should definitely apply for these scholarships. Even if you are not financially needy though, there are other great scholarship opportunities that are not just based on need. You’ll find that there are many scholarships out there that are especially for people of particular heritages, some for those going into certain fields, and a whole lot more.

Many times you’ll find that you can easily find a good college scholarship in your area. More than likely there are local scholarships available. When you are competing for scholarships that are based on a small geographical area, you will have a much better chance of winning them. Consider talking to your guidance counselor to find out what local scholarships are available in your area. Of course there are scholarships that are offered on a national basis as well, including National Merit scholarships, Coca-Cola scholarships, ROTC scholarships, Robert Byrd scholarships, and very many more.

Chances are that your employer or your parents’ employer may also offer scholarships as well. If you are working already, find out if your employer has any scholarships programs. Ask your parents if their companies offer scholarships for the children of their employees. Also, you may find that your church may even offer some scholarships as well.

There are so many different ways that you can find a college scholarship today. There are online sites that provide listings of top scholarships, and books that you can check out of your library full of possible scholarships. One of the best places that you can find a great scholarship is online at scholarship search sites. These sites ask you specific questions and will then help to match you up with scholarships that you may be eligible for. So, why pay for college on your own? There are plenty of great scholarships out there that can help you get the education you need and deserve.

Leighanne Stainer asked:

ng>The American Recovery and Reinvestment Act of 2009

If you are planning on attending an institute of higher education in the future, there is some good news for your wallet. Now that Congress has passed the American Recovery and Reinvestment Act of 2009, getting that education may bit a bit easier.

Student Loan Interest

The good news is that many folks who in the past were unable to take advantage of this tax break can now do so thanks to more relaxed rules concerning the deduction of student loan interest. You can write off up to $2,500 of annual college loan interest charges if you qualify. The bad news is that if your modified AGI is too high, the break is phased out. The 2009 phase-out range for unmarried taxpayers is between modified AGI of $60,000 and $75,000, the range is between modified AGI of $120,000 and $150,000 for joint filers.

Hope Scholarship Credit

For 2009, the Hope Scholarship credit amounts to 100% of the first $1,200 of a college student’s annual tuition and fees (no room and board costs) plus 50% of the next $1,200. So the maximum Hope credit is $1,800 per qualifying student. But here’s the rub: The Hope credit can be claimed for only two tax years for any one student. It’s unavailable after the student has logged two years’ worth of academic hours. Also, the Hope credit is allowed only when the student carries at least half of a full-time load for at least one academic period beginning in the year the credit is claimed.

Lifetime Learning Tax Credits

The Lifetime Learning credit is less restrictive. It’s mainly intended to help defray college costs after the first two years, when the Hope credit is no longer allowed. The Lifetime credit is available for an unlimited number of years and without any requirement to carry a certain course load. Graduate courses are cool. So are random classes not intended to lead to any sort of degree, such as professional training seminars and courses to update your software skills. The credit equals 20% of tuition and fees up to $10,000, for a maximum annual credit of $2,000.

Qualifying expenses for both the Hope and Lifetime credits include post-secondary tuition and fees for you, your spouse, and any other person claimed as a dependent on your tax return.

For 2009, both credits are phased out between adjusted gross income of $100,000 and $120,000 for joint filers; $50,000-$60,000 for unmarried taxpayers. You’re completely ineligible if you’re married and file separately from your spouse.