A loan option for nursing students
If you’re pursuing an associate or bachelor’s degree in the IU School of Nursing, you may be eligible for a long-term, low-interest Federal Nursing Loan (NSL).
NSLs are available to nursing students whose FAFSAs show exceptional financial need, who are enrolled at least half time, and who meet satisfactory academic progress standards. You’re automatically considered for this loan if you submit your FAFSA by the priority deadline each year.
If you’ve been approved
After your NSL is approved, the Student Loan Administration will contact you at your university email address and on your To Do List to notify you to sign your promissory note. Complete the process as soon as you can to avoid a delay in your funding.Sign your promissory note