A. You should start the Financial Aid process as soon as you receive your letter from the school saying you have been accepted for admissions.

A. Graduate students are allowed $20,500.00 per year, unless you have reached the maximum graduate school limit.

A. No, it is left up to the student to apply for the amount of student loans they would like to receive per year.

A. Bridge students can apply for Stafford Unsubsidized same as all other programs. Students are eligible for loans as long as they have not defaulted on previous loans or met the maximum graduate level limit. Bridge ADN-MSN students are eligible for up to $20,500.00 per year.

A. Complete the items listed in the Financial aid Checklist located HERE on the school’s Financial Aid web page. You will receive this checklist when financial aid office has been notified of your acceptance to the program.

A. G30070

A.  You need to complete the Direct Loan Unsubsidized Master Promissory Note and Entrance Counseling Session at www.studentloans.gov, You will sign both with your PIN number issued from Department of Education.

A. The first step after you have been accepted is to fill out your Program Declaration and Financial Aid Policy Agreement and submit them on line to the Financial Aid Office.

Q. When will I receive my first student loan check?

A. Loan checks will be disbursed electronically to pay your tuition and fees prior to or within the first few weeks from the start of each term. Once the student loan funds have been received via electronic funds you should receive your residual check in the mail in about 10-13 business days after the check has been received at FNU. During times the postal service or banks are closed, it may take a little longer to get your residual checks. Checks will be disbursed routinely as long as you have completed the hours required for satisfactory academic progress (SAP) and completed the renewal FAFSA.

A. No, we will not request any loan monies until the student has completed the necessary hours required for satisfactory academic progress. Students need to check SAP guidelines as stated in the catalog. If a student has met SAP, loan checks will be sent to the business office to be applied toward tuition and fees. If a student has not met the required number of hours by the time tuition is due, no checks will be requested and the student will be required to make alternate arrangements for tuition payment to avoid a late fee. Once the student has completed their course work, they need to notify the Financial Aid Director of their course work completion. At that time, their loan check can be reinstated. It may take up to 2 weeks for the check to be recertified and applied to your account.

A. The loan will be cancelled.