Completing the Nursing Loan Process
Nursing Student Loans are federal loans which are awarded based on financial need as determined by FAFSA results. The interest rate is 5%. Repayment and interest accrual begins nine months after the student ceases to be enrolled at least half-time.
Students who have been awarded a Nursing Student Loan will be sent an e-mail with instructions on how to complete the annual loan acceptance process. All required steps are completed at e-MPN.
If a paper copy of the Master Promissory note is preferred, please contact the Student Loan department at 309-677-3120 or by e-mail at email@example.com and a paper copy will be provided to the student.