The Nursing Student Loan Program—a federally-funded program administered through the U.S. Department of Health and Human Services' Health Resources and Services Administration—provides low-interest nursing loans to students who financially qualify.

This article will explain the Nursing Student Loan Program, detail loan eligibility, and review the Nursing Education Loan Repayment Program, which repays 60% of student loans for Registered Nurses (RNs) who qualify.

Nursing Student Loan Program – Nursing Loans

For students enrolled at least half-time in an accredited nursing program, the federal government provides long-term loans with interest rates set at five percent.