The Nurse Education Assistance Loan Program (NEALP) is a state program for nursing students who, upon completion of their education, plan to practice nursing in the state of Ohio. Students must be admitted to the nursing program to be considered. The loan is based on financial need; therefore, the student must have a FAFSA on file prior to application. After graduation, the student may be eligible for up to 100% loan forgiveness at the rate of 20% per year. The student must maintain at least half time enrollment status and continue to meet all eligibility criteria including Satisfactory Academic Progress.
For more information, refer to the NEALP website or call the Ohio Department of Higher Education State Grants & Scholarships Office at (614) 466-3561. NEALP application forms are available on the Ohio Department of Higher Education’s website and are available beginning January 1 and must be submitted by July 15 of each year.