To receive aid from the student aid programs, a student must:
- Demonstrate financial need.
- Have a high school diploma or a General Education Development (GED) Certificate.
- Be a U.S. citizen or eligible non-citizen.
- Have a valid social security number.
- Meet satisfactory academic progress standards.
- Certify that she/he will use federal student aid only for educational purposes.
- Certify that she/he is not in default on a federal student loan and that she/he does not owe money on a federal student loan.
- Register with Selective Service, if required.
A student must maintain satisfactory academic progress,
qualitative and quantitative, to continue to be eligible to receive
financial aid. Satisfactory academic progress means that the
student must complete all courses each semester, achieving the
required grade according to the Curriculum Organizational
Plan, as a full, three-quarter or half-time student. The student
must complete the program in a three-year time frame.
There are a limited number of partial scholarships made
available to the School of Nursing. Scholarship awards are based
on availability of funds, academic performance and financial need.
All are subject to the criteria set forth by the donor. Applications
are available in the Financial Aid Office, 201-833-3004.
Full-Time, Three-Quarter Time, And Half-Time Students
Students are considered full-time if they are taking at least twelve
(12) credits per semester, three-quarter time if taking at least
nine (9) credits, and half-time if they are taking at least six (6)
credits per semester.
Students generally complete the entire two-year program
in two years as outlined in the Curriculum Organizational Plan.
However, qualified students may take up to three years if they
choose to enroll for college courses only for the first year.
Students who are taking the three-year track, either by choice or
as assigned by the Admissions & Promotions Committee, must
pass all college courses in which they are enrolled to be eligible
for admission into the nursing program. Students who leave and
re-enter the program may require additional time. Students
do not qualify for any financial aid after the third year.
Final exams may not be taken and requests for transcripts may not be honored until the student meets all financial obligations.
A student must participate in an entrance counseling session
prior to disbursement of any loan funds. A student must
participate in an exit counseling session prior to graduation or
withdrawal from the program.
Applying for Financial Aid
Students accepted into Holy Name Medical Center School of
Nursing who are interested in applying for financial aid must
complete a Free Application for Federal Student Aid (FAFSA)
form for each calendar year. The form can be completed on
, or mailed to the Federal Student
Aid programs. The School may also require additional financial
documents from all students applying for financial aid. The
school code for Holy Name Medical Center School of Nursing
The school participates in the following programs:
- A Federal Pell Grant, unlike a loan, does not have to be
repaid. Pell Grants are available to eligible undergraduate
students who have not earned a bachelor's or professional
degree. Pell grants provide a "foundation" of financial aid
to which other federal and non-federal sources may
- The Federal Direct Loan Program: Federal Direct
Subsidized and Federal Direct Unsubsidized Stafford Loans
are low interest loans made to eligible students attending
school at least half-time. Federal Direct PLUS Loans enable
parents with good credit histories to borrow for each
dependent student who is enrolled at least half-time.
Partial Scholarships: Partial Scholarships are awarded based
on the student's financial need, and are incentive based.
Occasionally scholarships are awarded based solely on merit.
Scholarship applications are reviewed and awarded quarterly
by the Scholarship Committee and the following criteria apply:
Students who are selected by the Scholarship Committee
to receive a scholarship will receive notification via email
and/or mail. Recipients are required to write a letter of
thanks to the donor before any scholarship funds are
disbursed to their student account card. All recipients'
financial aid awards must be reviewed to determine
whether a partial scholarship will create a potential
over-award in federal funds. Loans may be reduced by
the scholarship amount if an over-award is determined by
the Financial Aid Officer.
- Need Based - The student must file the FAFSA and complete a financial aid appointment to determine need.
- Incentive Based - The student must demonstrate strong academic potential in theory and clinical practice
(minimum grade of 2.0 in all courses).
- Donor Restrictions - The student must meet the requirements designated by the scholarship donor.
- Availability of Funds - Awards are limited by the time at which the School receives the award funds, the
amount awarded and the number of students meeting the
Information received by the School of Nursing
regarding miscellaneous outside scholarships is available
in the Financial Aid Office and published on Blackboard©.
- There are alternative loan programs if Stafford Loan limits are insufficient.