Nurse Education Assistance Loan Program (NEALP)

Type Loan
Amount -

Description

The Nurse Education Assistance Loan Program (NEALP) was created by the Ohio General Assembly in 1990.  The purpose of NEALP is to assist the state in meeting nursing shortages by providing financial assistance to Ohio students enrolled for at least half-time study (or accepted for enrollment) in approved Ohio pre-licensure nurse education program who intend to serve as nurses after graduation. The annual award for most recent academic year was $1,500/year. In exchange, to qualify for loan cancellation, recipients must be employed full-time as a registered nurse or licensed practical nurse in the State of Ohio for a minimum of five years after graduation.

How to Apply

  • Please click here to complete the Free Application for Federal Student Aid. 
  • Next, please click here to apply for NEALP online.

NEALP Awarding
Applicants will be awarded NEALP funding based on information received from the applicant’s institution, FAFSA data, and information from the NEALP application.  Applicants are ranked based on FAFSA data, those that demonstrate the highest level of need are awarded first.  Awarding continues from the next neediest student until funds are depleted for the year.  If sufficient funds are available, as determined by the Ohio Board of Regents, loan assistance will be awarded to all eligible applicants. 

Eligibility Requirements
An applicant must:

  • Be an Ohio resident.
  • Be a U.S. citizen or a permanent resident.
  • Be enrolled in or be accepted for enrollment approved nurse education programs in Ohio colleges, universities, hospitals, or vocational schools.
  • Not be in default or owe a refund to any Federal Financial Aid program.
  • Maintain an academic record which places the student in good academic standings within the institution.

IS THERE A DEADLINE?

Students may apply after January 1 and before July 15th of each year. Notification of acceptance or denial for NEALP funding will be sent by the first week in September.