[hen-ui-dynamic-experience placement=”aboveTheFold” /][hen-ui-text variant=”b4″]Financial stability is one of nursing’s many perks. According to the Bureau of Labor Statistics, the median annual salary for [hen-ui-link href=”https://nursejournal.org/registered-nursing/best-rn-programs-by-state/” target=”_blank”]registered nurses (RN)[/hen-ui-link] was $93,600 in May 2024. Although nursing offers higher wages than most industries, what nurses actually earn varies.[/hen-ui-text][hen-ui-text variant=”b4″]Sometimes nurses need financial assistance, so many national and state organizations offer [hen-ui-link href=”https://nursejournal.org/financial-aid/”]financial support for nurses[/hen-ui-link]. Learn about nursing grants, emergency loans for nurses, and other forms of financial aid available.[/hen-ui-text][hen-ui-flex gap=”xl” align=”left” direction=”column”][hen-ui-flex gap=”xs” align=”left” direction=”column”][hen-ui-heading variant=”h2″]Popular Online Nursing Programs[/hen-ui-heading][hen-ui-text variant=”b4″ color=”subtext”]Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.[/hen-ui-text][/hen-ui-flex][hen-ui-dynamic-experience placement=”belowTheFold” /][/hen-ui-flex][hen-ui-heading variant=”h2″]National Financial Assistance Programs for Working Nurses[/hen-ui-heading][hen-ui-text variant=”b4″]National and regional programs offer financial help for nurses and relatives of healthcare professionals. These funds support education costs for those struggling due to illness or injury. Eligible recipients receive varying amounts, depending on the program.[/hen-ui-text][hen-ui-accordion variant=”white”] [hen-ui-accordion-item title=”Brave of Heart Fund”] [hen-ui-text-stack gap=”sm”] [hen-ui-text variant=”b3″ class=”font-semibold”]Amount: $15,000-$75,000[/hen-ui-text][hen-ui-text variant=”b4″]New York Life, Cigna, and E4E Relief created the [hen-ui-link href=”https://braveofheartimpact.com/brave-of-heart-fund-impact-summary/the-continuing-work-2/scholarships/” target=”_blank”]Brave of Heart Fund[/hen-ui-link] to help the families of healthcare workers who died of COVID-19. Funds can be used for funeral costs, medical care, food, and/or housing. Recipients may receive a first-time grant and an additional grant for extended financial needs.[/hen-ui-text][hen-ui-text variant=”b4″]Who Can Apply: This fund supports individuals who have lost family members in the healthcare industry to COVID-19.[/hen-ui-text] [/hen-ui-text-stack] [/hen-ui-accordion-item] [hen-ui-accordion-item title=”HRSA Nurse Corps Loan Repayment Program”] [hen-ui-text-stack gap=”sm”] [hen-ui-text variant=”b3″ class=”font-semibold”]Amount: Varies[/hen-ui-text][hen-ui-text variant=”b4″]The [hen-ui-link href=”https://bhw.hrsa.gov/funding/apply-loan-repayment/nurse-corps” target=”_blank”]Health Resources and Services Administration’s (HRSA’s) nurse loan program[/hen-ui-link] repays up to 85% of nursing school loans for RNs, [hen-ui-link href=”https://nursejournal.org/careers/advanced-practice-nursing/”]advanced practice registered nurses (APRNs)[/hen-ui-link], and nurse faculty. Participants must work in a critical shortage facility for at least two years or in an approved nursing school as nurse faculty.[/hen-ui-text][hen-ui-text variant=”b4″]Who Can Apply: This grant is open to licensed RNs, APRNs, and nursing school faculty. Eligible applicants must have earned a degree from an accredited school and work full-time in an approved nursing school or high-need area.[/hen-ui-text] [/hen-ui-text-stack] [/hen-ui-accordion-item] [hen-ui-accordion-item title=”IHS Loan Repayment Program”] [hen-ui-text-stack gap=”sm”] [hen-ui-text variant=”b3″ class=”font-semibold”]Amount: Up to $50,000[/hen-ui-text][hen-ui-text variant=”b4″]The [hen-ui-link href=”https://www.ihs.gov/loanrepayment/” target=”_blank”]Indian Health Services (IHS)[/hen-ui-link] offers nurses up to $50,000 to help repay their student loans. Nurses must agree to work for at least two years serving American Indian and Alaska Native communities.[/hen-ui-text][hen-ui-text variant=”b4″]Who Can Apply: Healthcare professionals can apply if they pledge to work in American Indian and Alaska Native communities for two years.[/hen-ui-text] [/hen-ui-text-stack] [/hen-ui-accordion-item] [hen-ui-accordion-item title=”First Responders Children’s Foundation Individual Financial Hardship Grant”] [hen-ui-text-stack gap=”sm”] [hen-ui-text variant=”b3″ class=”font-semibold”]Amount: Varies[/hen-ui-text][hen-ui-text variant=”b4″]The First Responders Children’s Foundation offers financial support for the children of first responders who were injured or died on the job. Applicants can use funds for childcare, housing, and/or medical care, and must show proof of financial need and a first responder ID.[/hen-ui-text][hen-ui-text variant=”b4″]Who Can Apply: This grant supports children of first responders, including police officers, firefighters, emergency medical technicians, and ICU workers such as nurses.[/hen-ui-text] [/hen-ui-text-stack] [/hen-ui-accordion-item] [hen-ui-accordion-item title=”Nurse Next Door”] [hen-ui-text-stack gap=”sm”] [hen-ui-text variant=”b3″ class=”font-semibold”]Amount: Up to $8,000 for grants; Up to $15,000 for down payment[/hen-ui-text][hen-ui-text variant=”b4″]The [hen-ui-link href=”https://www.teachernextdoor.us/Nurse” target=”_blank”]Nurse Next Door[/hen-ui-link] program helps nurses become homeowners, with grants of up to $8,000 and down payment help of up to $15,000. New homeowners can benefit from no application fees, upfront costs, or broker fees, and free appraisals covering up to $545.[/hen-ui-text][hen-ui-text variant=”b4″]Who Can Apply: Any healthcare worker, including nurses, can apply to the program.[/hen-ui-text] [/hen-ui-text-stack] [/hen-ui-accordion-item] [hen-ui-accordion-item title=”NHSC Loan Repayment Program”] [hen-ui-text-stack gap=”sm”] [hen-ui-text variant=”b3″ class=”font-semibold”]Amount: $37,500-$75,000[/hen-ui-text][hen-ui-text variant=”b4″]The [hen-ui-link href=”https://nhsc.hrsa.gov/loan-repayment/nhsc-loan-repayment-program” target=”_blank”]National Health Service Corps (NHSC)[/hen-ui-link] helps thousands of healthcare professionals who work in rural and underserved areas. Workers in primary care, dental care, or behavioral and mental health can apply, but they must sign a two-year contract to work at an NHSC site.[/hen-ui-text][hen-ui-text variant=”b4″]Who Can Apply: Eligible applicants include U.S. citizens who work at Medicaid, Medicare, and State Children’s Health Program provider sites and are licensed to work at NHSC locations.[/hen-ui-text] [/hen-ui-text-stack] [/hen-ui-accordion-item] [hen-ui-accordion-item title=”Public Service Loan Forgiveness”] [hen-ui-text-stack gap=”sm”] [hen-ui-text variant=”b3″ class=”font-semibold”]Amount: Varies[/hen-ui-text][hen-ui-text variant=”b4″]The [hen-ui-link href=”https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service” target=”_blank”]Public Service Loan Forgiveness[/hen-ui-link] federal grant offers loan forgiveness for public workers after they have made 120 payments on a direct loan. Eligible candidates must have paid their loans under an income-driven repayment plan.[/hen-ui-text][hen-ui-text variant=”b4″]Who Can Apply: Nurses who work full time for federal, state, local, or tribal agencies, including the military, can apply. AmeriCorps and Peace Corps volunteers are also eligible applicants.[/hen-ui-text] [/hen-ui-text-stack] [/hen-ui-accordion-item] [hen-ui-accordion-item title=”Frontline Healthcare Workers Behavioral Health Fund”] [hen-ui-text-stack gap=”sm”] [hen-ui-text variant=”b3″ class=”font-semibold”]Amount: $2,000[/hen-ui-text][hen-ui-text variant=”b4″]The HealthWell Foundation’s [hen-ui-link href=”https://www.healthwellfoundation.org/fund/covid-19-front-line-healthcare-worker-behavioral-health/” target=”_blank”]Frontline Healthcare Workers Behavioral Health Fund[/hen-ui-link] supports nurses seeking behavioral health treatments such as prescriptions, counseling, and psychotherapy.[/hen-ui-text][hen-ui-text variant=”b4″]Who Can Apply: Applicants must be seeking behavioral health treatment because of their experience as a frontline healthcare worker. Eligible recipients must also meet income requirements and have insurance that covers their medications.[/hen-ui-text] [/hen-ui-text-stack] [/hen-ui-accordion-item] [hen-ui-accordion-item title=”Nurse Corps Loan Repayment Program”] [hen-ui-text-stack gap=”sm”] [hen-ui-text variant=”b3″ class=”font-semibold”]Amount: Varies[/hen-ui-text][hen-ui-text variant=”b4″][hen-ui-link href=”https://bhw.hrsa.gov/funding/apply-loan-repayment/nurse-corps” target=”_blank”]The Nurse Corps Loan Repayment Program[/hen-ui-link] is a funded program that repays [hen-ui-link href=”https://nursejournal.org/resources//student-loan-forgiveness-for-nurses/”]nursing student loans[/hen-ui-link], up to 60% over two years and 25% in the third year. The program aims to increase the number of trained and licensed nurses in shortage areas.[/hen-ui-text][hen-ui-text variant=”b4″]Who Can Apply: U.S. citizens, nationals, or dual citizens qualify for this program. Applicants must be licensed nurses working full time in a critical shortage facility or as nursing education faculty.[/hen-ui-text] [/hen-ui-text-stack] [/hen-ui-accordion-item] [hen-ui-accordion-item title=”Faculty Loan Repayment Program”] [hen-ui-text-stack gap=”sm”] [hen-ui-text variant=”b3″ class=”font-semibold”]Amount: Up to $40,000[/hen-ui-text][hen-ui-text variant=”b4″]Through the [hen-ui-link href=”https://bhw.hrsa.gov/funding/apply-loan-repayment/faculty-lrp” target=”_blank”]Faculty Loan Repayment Program[/hen-ui-link], nursing faculty can receive up to $40,000 toward their student loan debt. This grant encourages nursing students to pursue academic careers.[/hen-ui-text][hen-ui-text variant=”b4″]Who Can Apply: To receive funds, applicants must be nursing faculty members from disadvantaged backgrounds and hold a two-year contract at an accredited school.[/hen-ui-text] [/hen-ui-text-stack] [/hen-ui-accordion-item] [hen-ui-accordion-item title=”Everyday Hero Housing Assistance Fund”] [hen-ui-text-stack gap=”sm”] [hen-ui-text variant=”b3″ class=”font-semibold”]Amount: Varies[/hen-ui-text][hen-ui-text variant=”b4″]The Virtual Sports Academy created the [hen-ui-link href=”https://usehhaf.org/faq/” target=”_blank”]Everyday Hero Housing Assistance Fund[/hen-ui-link] in 2011 to help nurses, firefighters, police officers, and teachers purchase homes. The organization has its own agents and lenders, cutting down on sales costs.[/hen-ui-text][hen-ui-text variant=”b4″]Who Can Apply: Any nurse, except those in New York and Vermont, can apply for assistance.[/hen-ui-text] [/hen-ui-text-stack] [/hen-ui-accordion-item][/hen-ui-accordion][hen-ui-heading variant=”h2″]State-Specific Financial Assistance Programs for Working Nurses[/hen-ui-heading][hen-ui-text variant=”b4″]State governments and local organizations offer financial support to help healthcare workers pay for childcare, education, and emergency expenses. Recipients usually must meet residency standards in the state to receive funds.[/hen-ui-text][hen-ui-accordion variant=”white”] [hen-ui-accordion-item title=”Massachusetts Loan Repayment Program (MLRP) for Health Professionals”] [hen-ui-text-stack gap=”sm”] [hen-ui-text variant=”b3″ class=”font-semibold”]Amount: Up to $50,000[/hen-ui-text][hen-ui-text variant=”b4″]The [hen-ui-link href=”https://www.mass.edu/osfa/programs/healthprofessionals.asp” target=”_blank”]Massachusetts Loan Repayment Program (MLRP) for Health Professionals[/hen-ui-link] targets primary healthcare providers working in communities experiencing healthcare staff shortages and significant barriers to access. Applicants must have unpaid professional healthcare student loans and practice in an underserved community for at least two years.[/hen-ui-text][hen-ui-text variant=”b4″]Who Can Apply: Primary healthcare providers, including advanced practice nurses. Applicants cannot take part in any other government repayment plan nor be a member of the National Health Service Corps.[/hen-ui-text] [/hen-ui-text-stack] [/hen-ui-accordion-item] [hen-ui-accordion-item title=”Minnesota Health Care Loan Forgiveness Programs”] [hen-ui-text-stack gap=”sm”] [hen-ui-text variant=”b3″ class=”font-semibold”]Amount: Up to $15,000[/hen-ui-text][hen-ui-text variant=”b4″][hen-ui-link href=”https://www.health.state.mn.us/facilities/ruralhealth/funding/loans/index.html” target=”_blank”]The Minnesota Health Care Loan Forgiveness Programs[/hen-ui-link] grants loan forgiveness to healthcare professionals serving high-need areas. Applicants must sign a service contract committing to 2-3 years in an approved facility.[/hen-ui-text][hen-ui-text variant=”b4″]Who Can Apply: Registered nurses, advanced practice nurses, and other healthcare professionals willing to do direct patient care during the designated time frames.[/hen-ui-text] [/hen-ui-text-stack] [/hen-ui-accordion-item] [hen-ui-accordion-item title=”New Hampshire State Loan Repayment Program (SLRP)”] [hen-ui-text-stack gap=”sm”] [hen-ui-text variant=”b3″ class=”font-semibold”]Amount: Up to $65,000[/hen-ui-text][hen-ui-text variant=”b4″]The New Hampshire SLRP funds healthcare professionals working in state-designated medically underserved areas. Applicants must commit to working three years full-time or two years part-time.[/hen-ui-text][hen-ui-text variant=”b4″]Who Can Apply: APRNs, RNs, and other healthcare providers willing to meet the work requirements. Eligible care providers cannot have unfinished service commitments nor be receiving funding from any other loan repayment program.[/hen-ui-text] [/hen-ui-text-stack] [/hen-ui-accordion-item] [hen-ui-accordion-item title=”Edna Lauterbach Scholarship”] [hen-ui-text-stack gap=”sm”] [hen-ui-text variant=”b3″ class=”font-semibold”]Amount: Up to $6,300[/hen-ui-text][hen-ui-text variant=”b4″]The [hen-ui-link href=”https://www.nyshcp.org/foundation/edna-lauterbach-sponsorship/” target=”_blank”]Edna Lauterbach Scholarship[/hen-ui-link] is available for New York State RNs or LPNs specializing in home and community-based care. They must write an essay explaining why they’re pursuing those specialties and how they’ll achieve their career goals. Scholarship funds are to be used for educational expenses.[/hen-ui-text][hen-ui-text variant=”b4″]Who Can Apply: RNs and LPNs licensed to practice in New York State.[/hen-ui-text] [/hen-ui-text-stack] [/hen-ui-accordion-item] [hen-ui-accordion-item title=”Washington State Nurses Foundation – Nurses Emergency Assistance Grant”] [hen-ui-text-stack gap=”sm”] [hen-ui-text variant=”b3″ class=”font-semibold”]Amount: $500[/hen-ui-text][hen-ui-text variant=”b4″]Etta B. Cummings, the founder of the [hen-ui-link href=”https://www.wanursesfoundation.org/needbased-assistance” target=”_blank”]Washington State Nurses Foundation (WSNF)[/hen-ui-link], created this fund to help overworked nurses in the state. The foundation sponsors grants and scholarships for nurses who have experienced unemployment, injuries, illnesses, or other crises.[/hen-ui-text][hen-ui-text variant=”b4″]Who Can Apply: Eligible candidates must be current WSNF members who have not received a Nurses[/hen-ui-text][hen-ui-text variant=”b4″]Emergency Assistance Grant in the last year.[/hen-ui-text] [/hen-ui-text-stack] [/hen-ui-accordion-item][/hen-ui-accordion]