²ÝÝ®´«Ã½¹ÙÍøÏÂÔØ

²ÝÝ®´«Ã½¹ÙÍøÏÂÔØ

Nursing Student Loan

  • Nursing Student Loans are awarded to eligible nursing students with high documented financial need.
  • Students may borrow up to $5,500 per year in their 1st and 2nd year of study and up to $8,000 per year in their 3rd and 4th year of study, up to an aggregate of $27,500. Graduate students may borrow up to $8,000 per year, up to an aggregate of $60,000.
  • Annual interest rate is 5%.
  • Interest does not accrue and repayment is not required as long as the student is enrolled for at least six semester hours as a nursing major.
  • Repayment begins nine months after a borrower graduates or ceases to be enrolled for at least six semester hours as a nursing major.
  • Students who change their major form Nursing go into immediate repayment. Such students may request an annual forbearance if enrolled full time.
  • Entrance loan counseling is required EACH year.

The lender for the Nursing Student Loan is Texas Woman’s University. ²ÝÝ®´«Ã½¹ÙÍøÏÂÔØ utilizes the loan billing services of Heartland ECSI. After you graduate or drop below half-time enrollment, all general billing questions should be directed to Heartland ECSI at 888-549-3274. Questions regarding forbearance or deferment should be directed to  or 888-549-3274.

Students should exhaust all federal aid options (including grant, loan, and work-study programs) before utilizing a private student loan. The repayment terms and conditions of a federal student loan may be more favorable than the provisions of a private student loan.

Page last updated 11:08 AM, October 3, 2023