You are a registered nurse and have decided it is time to get a Bachelor of Science in Nursing (BSN) degree. You have found an online RN to BSN program that will provide you with the quality education you are looking for and the flexibility that comes with earning an online degree. Now you just need to figure out one thing: How will you pay for your education?
Few online students pay for an RN to BSN program without any financial assistance. There are many different options to help nurses pay their tuition, including employer tuition reimbursement, nursing scholarships, nursing school grants and loans.
Opportunities for federal aid
Many people do not bother filling out the Free Application for Federal Student Aid (FAFSA) because they do not think they will qualify for financial aid, but everyone should apply to avoid missing out on potential assistance. The office of Federal Student Aid provides more than 13 million students with more than $150 billion in financial assistance each year. By filling out the FAFSA, you, and the school you are applying to, will know which loans and grants you can use toward your education. FAFSA loans have the added benefit of fixed interest rates, which can save a significant amount of money over time. In addition, students in an RN to BSN program might qualify for the Public Service Loan Forgiveness Program, which forgives student loan debt after 10 years if certain requirements are met. Some schools even use the information from FAFSA applications to see if applicants qualify for private financial aid.
Employer tuition reimbursement, grants and scholarships
If you plan to continue working while completing an RN to BSN program, your employer may offer tuition reimbursement. Some employers also have agreements with schools, called affiliate partnerships, which allow students to receive a discounted tuition rate.
There are several websites dedicated to nursing school grants and scholarships that are worth looking into. Scholarship.com, Johnson & Johnson and Sigma Theta Tau, the nursing honor society, all maintain lists of potential nursing scholarships. Furthermore, GoCollege.com offers a list of nursing grants that may help you pay for school.
Nurses who wish to enroll in an online RN to BSN program should not let the cost of tuition stop them from reaching their goal of earning a bachelor’s degree because there are many grants, scholarships and other forms of financial aid available.
Learn more about the CSUSM online RN to BSN program.
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