Nurse Education Scholarship Loan Program (NESLP)

Scholarship Description

This program was first funded by the 1989 North Carolina General Assembly as part of a series of initiatives designed to reduce the shortage of practicing nurses in North Carolina. NESLP is administered by the North Carolina State Education Assistance Authority. NESLP awards are available through the financial aid offices of North Carolina colleges and universities that offer nurse education programs that prepare students for licensure in North Carolina as Licensed Practical Nurses (LPN’s or as Registered Nurses (RN’s)EligibilityApplicant must meet the following eligibility requirements:  * Demonstrate financial need as well as academic achievement   * Applicants must be residents of North Carolina for tuition purposesValueNESLP maximum awards range from $3,000 to $5,000 depending upon the student’s demonstrated financial need, cost of instruction, other financial assistance, and the amount of funding available through NESLP. The maximum award for students enrolled in Associate Degree Nursing (ADN) and Practical Nurse Education (LPN) programs is $3,000. The maximum award for students enrolled in baccalaureate (BSN) programs is $5,000.Application ProcedureContact the financial aid office at the participating NC college or university offering the level of nurse education instruction desired. Recipients must execute a promissory note.Other InformationRecipient enters into a contract with the State of North Carolina to work full time as a licensed nurse in North Carolina. Loans not repaid through service must be repaid in cash. The interest rate for cash repayment is 10% per year. Student has up to seven years to repay loan in service or ten years to repay loan in cash.

Year of Need: College Freshman, College Sophomore, College Junior, College Senior,

Type: Needs Based

Num Awards: Multiple

Min Award: 3000

Max Award: 5000

Deadline: 2018-12-31


Sponsoring Organization College Foundation of North Carolina
2917 Highwoods Blvd. P.O. Box 41966
Raleigh, NC 27604

Contact Person:

Phone: 888-234-6400 (toll free)

Fax: 919-821-3139