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General Information

Name Nursing Student Loan
Number of Awards
Award Value $250 - $3,000
Award Type Loan
Accept Applications
Scholarship Links More Information

Contact Information

Contact Cindy Lehrman
Wisconsin Higher Educational Aids Board
Post Office Box 7885
Madison, Wisconsin 53707
Phone (608)267-2209

Scholarship Description

The Nursing Student Loan Program provides loans to Wisconsin residents who are enrolled at least half-time at an eligible in-state institution that prepares them to be licensed as nurses, either RN or LPN. The maximum award per year is $3,000 with an overall maximum of $15,000. The student who participates in this program must agree to be employed as a licensed nurse in Wisconsin. For each of the first two years the student works as a nurse and meets the eligibility criteria, 25% of the loan is forgiven. The balance remaining after forgiveness must be repaid at an interest rate of 5%. If the student does not practice nursing and meet the eligibility criteria, the loan must be repaid at an interest rate of 5%.