The World Health Organization has named 2020 “The Year of the Nurse.” Make this YOUR year. Begin 2020 by starting an advanced nursing degree program to help you become the best nurse you can be. Our eight-part blog series walks an adult learner thought the process of going back to school.
Paying for School
Going back to school may feel like a huge step, a major investment of both time and money. But paying for your next nursing degree is likely easier than you think! There are many resources that can potentially reduce your out-of-pocket tuition costs. These include:
- A partnership between your organization and American Sentinel. We have relationships with approximately 170 hospitals and healthcare facilities, with various types of agreements in place. If your employer is one of them, you may be eligible for reduced tuition or deferred tuition.
- Employer-sponsored educational benefits. Even if your employer does not have a partnership with us, it may have a tuition reimbursement plan. We may even be able to work with your organization to arrange deferred payment for you, or add them as a partner.
- Military educational benefits. If you or your spouse are or have been in the military, you are eligible to reduce your overall tuition costs dramatically through American Sentinel’s military scholarship. In addition, you can use your Veteran’s Administration education benefits.
- Transfer credits. If you have a professional certification in a nursing specialty, this translates into credit hours – thereby reducing the number of courses you need to take for an MSN and saving you money.
After you’ve looked at every way possible to reduce your tuition costs, you may find you still need a manageable way to pay for a nursing degree. Consider these:
- American Sentinel financing programs. We are one of the few nursing programs out there to offer an in-house payment plan, with 0% financing and as little as $500 down. We never want anyone to feel overwhelmed by the prospect of paying for more education. We also offer an extended financing that allows you to make payments while in school and continue to pay off any existing balance after graduation. Finance your entire degree by paying one low, fixed monthly payment, $250 per month for an RN to BSN or $400 per month for an MSN degree, with the UBenefit Payment Plan.
- The slow and steady approach. You can always purchase and pay for one class at a time as you can afford it, rather than taking a full course load. At American Sentinel, courses start every month so you’re not locked into a traditional semester schedule.
- Federal financial aid. We have a page on our website that explains the different types of federal loans and grants. Or, just give us a call and an admissions advisor will provide you with the information you need.
To find out more about your options when it comes to paying for education, take a look at our Paying For School page on our website. And don’t hesitate to give the American Sentinel admissions office a call at 1-866-922-5690, if you’re not sure which of these options apply to you. Our friendly admissions counselors are always ready to discuss your specific circumstances and you’re under no obligation to enroll after speaking to us.