Forgivable Loan Undergraduate Graduate

Wisconsin HEAB Nursing Student Loan Program

Wisconsin Higher Educational Aid Board

Varies
Avg. Amount Awarded
Continuous
Application Deadline
N/A
Renewable
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What you'll need:
  • Checkmark Application Form
  • Checkmark Financial Need Analysis
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Wisconsin HEAB Nursing Student Loan Program
Apply Now
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Apply Now
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Description

The Nursing Student Loan Program provides loans to students who are enrolled at an eligible in-state institution that prepares them to be licensed as nurses, either RN or LPN. 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 or nurse educator and meets the eligibility criteria, 25 percent of the loan is forgiven. The balance remaining after forgiveness must be repaid at an interest rate of 5 percent. If the student does not work as a nurse or nurse educator and meet the eligibility criteria, the loan must be repaid at an interest rate of 5 percent. Please visit the award's website for more information.

Amount Details

$3,000
Low Amount Awarded
$15,000
High Amount Awarded

Eligibility Requirements

  • CheckmarkMust be an undergraduate student or a graduate student
  • CheckmarkMust attend a university
  • CheckmarkMust not be attending high school currently
  • CheckmarkBoth full-time and part-time students
  • CheckmarkRestricted to residents of Wisconsin
  • CheckmarkRestricted to students studying in Wisconsin
  • CheckmarkRestricted to students studying Nursing

How to Apply

What you'll need:

  • Checkmark Application Form
  • Checkmark Financial Need Analysis
For more info, please visit our site
Contact HEABmail@wisconsin.gov
Tel: 608-267-2206
Fax: 608-267-2808 Address 4822 Madison Yards Way, 7th Floor
Madison, WI 53705