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Linfield Nursing Home » Financial Aid » Private Loans

Private Loans for Nursing

As a transfer student, you may find limitations on taking additional Direct loans, and those of you with a prior degree have no eligibility for a Federal or State grant. Many of you will, perhaps, need to pursue a private loan to finance your education. These loans are credit based and you need to become an informed consumer to determine what will work best for you. Please contact the Financial Aid Office if you feel you need some guidance in applying for this type of a loan.

You have the right to choose any lender that participates in the federal student loan program and we will accommodate you as you select your lender.  As a borrower, you should carefully compare benefits offered by each lender before making a selection. Choose your lender based on the benefits that are the best fit for you, even if you do not have an existing relationship with that lender. 

Lenders will require students to complete a Self Certification form where students will be asked to list their cost of attendance and the amount of financial aid received to date for the current academic year.  Please refer to our Cost of Attendance page for the 2014 - 2015 academic year.  Note that costs vary depending on household status and academic enrollment. After you are approved for a loan, you will need to let the Financial Aid office know how you want your loan disbursed for each semester you are enrolled in the current academic year so your loan can be certified by our office.

You can find more information about private loans with your lender of choice and also online at various college information websites such as the Finaid.org