Morrisville State College

The Federal NSLP is for students who are enrolled at least half-time in an approved program leading to the associate degree in nursing. The college determines who is eligible for the loan, and the amount that will be offered. A student may borrow up to $3,000 per year.

Repayment begins nine months after the borrower graduates, leaves the program or leaves school for other reasons. Interest during the repayment period is five percent. At the end of the nine month grace period, the student must begin making payments or deferment arrangements. 

Information on this program will be provided automatically to all borrowers and to others upon request. Since the Federal NSLP is awarded by the college, only normal financial aid application procedures need be followed by those eligible students interested in the program.