Nursing Residency Loans for Residents
Borrow up to $15,000 to cover expenses of your Nursing
School Residency program including relocation!
Why is the Nursing Student Aid Resident Loan for the Residency
so unique?
- Fast online approvals
- Low interest rates and fees
- High approval rating
- High annual maximums
- A variety of repayment options (immediate, interest only, or
full deferment until you leave school)
- No application fee or out-of-pocket expenses
- You can use this loan to cover any education related expenses,
including transportation, computers, books and room and board
- 24/7 online account status access
Our Nursing Student Loan Advisers can help answer any questions
you may have and help you through the application process
How do I qualify for a Residency Loan?
- You must be a Nursing Resident or in a residency program
You must be a U.S. Citizen; or Permanent resident with a valid permanent-resident
card; or an international student, applying with a U.S. citizen
or permanent resident Co-Borrower; or have a U.S. citizen or permanent
resident applying on your behalf.
- Be at least 18 years old, or the age of majority in your state;
- Be enrolled at least half time at an eligible institution;
- Meet our criteria for creditworthiness. If you do not meet our
criteria, please consider applying with a creditworthy co-borrower.
What else sets the Nursing Student Aids Alternative Student Loan
for Nursing Residents apart from the rest?
- Low minimum monthly payment of $50
- Full deferment and forbearance options available while in school,
working towards a residency or internship, unemployed or experiencing
an economic hardship, serving in the military or needing an administrative
forbearance
- 6 month grace period before repayment begins
- Fees as low as 0%
- 20 year repayment for Nursing School loan, 15 years for all
others
Our Nursing Student Loan Advisers can help answer any questions
you may have and help you through the application process
