Sources of Financial Aid
Federal Pell Grants
A Federal Pell Grant, unlike a loan, does not have to be repaid. Pell Grants are awarded only to undergraduate students who have not earned a bachelor’s or a professional degree. Pell Grants are considered a foundation of federal financial aid, to which aid from other federal and non-federal sources might be added. Award amounts are determined by the students Expected Family Contribution (EFC) and will included on a student’s award letter. Other eligibility requirements must be met.
Pennsylvania State Grant for Pennsylvania Resident
The Pennsylvania State Grant Program provides grant awards to eligible Pennsylvania residents in need of financial assistance to help them afford the costs of higher education. PHEAA administers the PA State Grant Program at no cost to taxpayers, ensuring that every dollar appropriated to the program goes directly to students. State Grant eligibility is calculated in accordance with the federal Need Analysis Formula and Pennsylvania State Grant policies.
The deadline date for consideration is determined by the FAFSA information submitted by May 1.
For more information about the Pennsylvania State Grant program, call 1-800-692-7392 or visit the website.
Veterans Benefits
Abington Memorial Hospital Dixon School of Nursing has a certifying official on campus who submits the certification of enrollment to the Department of Veteran’s Affairs electronically via the VA once website. If you are applying for VA Educational Benefits, you should investigate your options such as what benefits you are eligible for, how much you are entitled to receive, etc.
Go to the GI Bill website and select “What Benefit is Best for Me?”
Remember, the sooner you get the necessary documents to the VA, the soon the VA can begin processing your claim for educational benefits.
Federal Direct Stafford Loan
Direct Loans (DL) are low-interest loans for students and parents to help pay for the cost of a student’s education after high school. However, borrow wisely. The amount a student can borrow in the subsidized and unsubsidized DL Stafford loans annually is determined by grade level and dependency status. Financial aid combined with all outside tuition assistance and loans must equal the students cost of attendance . Student loans are to be used towards a student’s related educational expenses.
Click here to learn more about Federal Direct Stafford Loans.
Federal Parent Plus Loans
For Parents of a dependent student wishing to borrow from the DL Parent Plus program, a FAFSA must be on file for the student. Please log into www.studentloans.gov using your PIN # and social security number. Only one parent needs to submit the Plus loan application and Master Promissory Note. The interest rate is 7.9% and is fixed for the life of the loan. For more information, visit this link. If you are planning to apply for the Plus loan, please contact the Office of Financial Aid. Parents should contact the Financial Aid Coordinator to determine how much they need to borrow.
Before a Parent Plus loan can be processed, the parent must complete the Plus application each year and sign the DL Plus Master Promissory Note. The Plus loan is a credit based loan, so parents must be approved before the loan can be certified. For more information about the Plus loan call 1-800-557-7394. If a parent is denied a Plus loan, the dependent student can be eligible for additional unsubsidized Stafford loan.
Alternative Education Loans
Private Education Loans also known as Alternative Education Loans help bridge the gap between the actual cost of the students education and the limited amount the government allows students to borrow. Private loans are offered by private lenders and often depend on your credit score. Private education loans tend to cost more but are less expensive then credit card debt. Abington Memorial Hospital Dixon School of Nursing encourages students who need to supplement their educational costs with private loans to research the interest rates, fee’s and terms of these loan before choosing a lender. Abington Memorial Hospital Dixon School of Nursing does not have a preferred lender list.
Abington Memorial Hospital Women’s Board Auxiliaries Scholarship
The Abington Memorial Hospital Women’s Board Scholarship has provided students at the Abington Memorial Hospital Dixon School of Nursing with need based scholarships to assist with their tuition obligation. This scholarship is awarded to needy students who have demonstrated financial need, have satisfactory academic progress and have completed the FAFSA and Abington Memorial Hospital Dixon School of Nursing and Women’s Board Application. The Abington Memorial Hospital Women’s Board Scholarship Committee meets at the Abington Memorial Hospital Dixon School of Nursing to award these scholarship funds to eligible students. Awards range from $500 to $1000 a year. Students are required to apply each for this scholarship. Students are notified of their selection for this award via the award letter. Students are required to submit a thank note to the Abington Memorial Hospital Women’s Board and Auxiliaries.
Employer Tuition Reimbursement
Tuition Reimbursement maybe available from the student’s place of employment, which student’s should investigate with their supervisor. Students must notify the Bursar’s Office and Financial Aid Office if they are receiving these benefits. Abington Memorial Hospital Dixon School of Nursing doesn’t accept employer tuition reimbursement in lieu of the tuition payment. Tuition and Fees must be paid prior to the start of classes. Students can request an account statement to submit the charges to their employer to be reimbursed. There are no exceptions.
If you have questions regarding Financial Aid Services at Abington Memorial Hospital Dixon School of Nursing, Claire Tatlow, the Coordinator of Financial Aid Services, is available from 8:00 a.m. to 5:00 p.m. Monday through Friday or by appointment. Contact the office by phone at 215-481-5549 or email at ctatlow@amh.org.
