Financial aid is available to students who qualify, based on the requirements of the various financial aid programs. Annenberg School of Nursing (ASN) offers several options for obtaining financial aid to assist in funding the tuition, fees, and other educational expenses of the school. The ASN Vocational Nursing program is certified to participate in the U.S. Department of Education Title IV Pell Grant and Direct Loan programs. In addition, the Jewish Free Loan is available to VN and NA students. The ASN Financial Aid Office is available to help you determine financial aid options and plans for paying ASN tuition and fees.
Types of Financial Aid for those who qualify:For Vocational Nursing Students:
Grants: Grants are offered through the Federal Student Aid Pell Grant Program. Pell Grant Awards are based on need, and students must apply by submitting the FAFSA. Pell Grants do NOT require the award money to be paid back.
Loans: Federal Student Aid Loans are available through the Direct Loan program that offers both subsidized and unsubsidized loans to students, and Parent Plus loans to parents of dependent students. Students apply by completing the FAFSA. Direct Loan money must be paid back to the U.S. Department of Education. Students will complete and sign a Master Promissory Note and participate in entrance and exit financial counseling to understand the terms and conditions of repayment plans, if eligible to receive loan money.
Detailed information about the Federal Grants and Loan Programs can be found online at www.studentaid.ed.gov, or the ASN Financial Aid Office.
ASN Scholarship: including the amount of $4,000.00 (for those who qualify). VN program only. Details are available from the ASN Financial Aid Office.
For Vocational Nursing and Nursing Assistant Students:
Interest Free Loan: This interest free loan from the Jewish Free Loan Association is available to eligible students pursuing post-secondary education for healthcare careers. Applications are open to all students attending the ASN programs. The Interest Free Loan Program represents a unique opportunity to obtain funds that can be paid back over time with ZERO interest. Details are available from the ASN Financial Aid Office.
How to Apply for Financial Aid:
Students applying for funds from any of the Federal Pell Grant or Direct Loan Programs must complete and submit the FAFSA (Free Application for Federal Student Aid) either online at the FAFSA website (www.fafsa.ed.gov) or in hard copy form available at the Financial Aid Office, or via download from the FAFSA website. This application collects the demographic and financial information needed to determine eligibility for the Federal programs. The online application is easy to navigate and will automatically access other federal data bases (e.g. Social Security, IRS) to collect and verify information electronically. Detailed instructions are available on the FAFSA website. The School Code for ASN is 041913. Your FAFSA will automatically be sent to the ASN Financial Aid Office for review when you list that code number in Step 6 on your FAFSA.
Satisfactory Academic Progress (SAP)
Students receiving Title IV Federal Student Aid must meet the requirements for achieving Satisfactory Academic Progress (SAP) in the VN program in order to continue receiving aid for the duration of the program. SAP is verified prior to the release of funds at the beginning of each financial aid payment period. Requirements for SAP at the Annenberg School of Nursing are detailed in the course catalog.
Withdrawals and Return of Title IV Funds:
Procedures for withdrawal from ASN, and refunds of tuition based on the withdrawal date, are described in the course catalog. If a student withdraws from the Vocational Nurse program, and is receiving federal Title IV funds (Pell Grant and/or Direct Loan), the school must perform a Return of Title IV Funds calculation. The school will determine if it has disbursed unearned federal funds, and provide written notification to the student of the excess amount disbursed. The unearned funds must be returned to the Department of Education within 45 days of the date the school determines the student withdrew. If ASN has disbursed less aid than the student has earned at the time of withdrawal, the student is due a post-withdrawal disbursement. If the student is eligible for a post-withdrawal disbursal of Direct Loan funds, ASN will provide written notification to the student within 30 days of the date the school determined that the student withdrew. Further details regarding the Return of Title IV funds and related disbursements can be obtained from the ASN Financial Aid Office.
For more information, please download the 2014 Course Catalog.