MSN Financial Aid 2017-2018

Student working in a hospital

ABSN+MSN

Tuition (per credit hour)*$1817
Academic Fees (per semester) **$500
Health Insurance***$6328

* Tuition is based on 2017-2018 tuition rates approved by the Board of Trustees. Future academic year tuition rates are subject to change.

** Academic fees will vary based upon the semester. This is an average amount per semester.

*** Health insurance is required for all students. You will be billed automatically for the university’s student health insurance plan if you do not provide proof of adequate coverage by another insurer.

Cost of Attendance

The cost of attendance budget is considered sufficient to support a basic lifestyle for a single student. It does not include expenses for dependents, travel, vacations, or luxury items such as automobiles, household furniture, or appliances. The estimated cost of attendance for 2017-2018 for a full time AMSN student enrolled for fall, spring and summer semesters is $92,509. This is not the amount you will owe. The cost of attendance is not the amount you will pay for the year. The cost of attendance is the budget used to determine the financial aid amount offered each year and is more than a student's full time tuition and fees to provide assistance for living expenses if needed.

Accelerated MSN students who already have an undergraduate degree in a non-nursing-related area, and are pursuing a career as an advanced practice nurse, may be eligible for student loans through federal or private sources.

Free Application for Federal Student Aid (FAFSA)

Students will need to complete the 2016-2107 Free Application for Federal Student Aid (FAFSA) to determine their eligibility for federal and state-specific scholarships. Use the IRS retrieval feature, if possible, to save time. If you have not applied for federal financial aid before, you will need to create a Federal Student Aid (FSA) IDYou will need Emory University’s Federal School Code to complete the form: 001564. 

  • In the "Degree/Certificate" field, type "2nd degree/other undergraduate; working on a 2nd Bachelor’s degree."
  • In the "Current Grade Level" field, type "5th year undergraduate." AMSN students starting in 2017 are not considered graduate level until 2018.
  • When asked whether you will be working on a master’s or doctorate program at the beginning of the 2016-17 school year, type “no.”
  • Please note that parental information may be required for the FAFSA if the federal government determines that you are a dependent student based on questions asked on FAFSA pertaining to age, marital status, etc.

AMSN students will need to update their FAFSA information after their first year in the program to continue to be eligible for federal aid. The availability and submission dates for the FAFSA are outlined below.

Summer 2018 semester

• Forms to complete: 2017-2018 FAFSA
• Tax Return Year: 2015
• Form Available: October 2016-June 2018
• Preferred Submission Deadline: November 15, 2017
• Notes:
o Complete as a 5th year undergrad/Other
o Parental data is required if student is age 23 or younger as of January 1, 2018


Fall 2018-Summer 2019 semesters
• Forms to complete: 2018-2019 FAFSA
• Tax Return Year: 2016
• Form Available: October 2017-June 2019
• Preferred Submission Deadline: May 1, 2018
• Notes:
o Complete as a 5th year undergrad/Other
o Parental data is required if student is age 23 or younger as of January 1, 2019

Scholarships

A wide range of scholarships and fellowship opportunities to help reduce the cost of students’ nursing education. Scholarships are funds that do not have to be repaid. All admitted students are evaluated for merit scholarships. To learn more about available scholarship opportunities, visit the School of Nursing’s web site.  

Student Employment

Federal Work-Study (FWS) Program employment or non-FWS part-time employment is available for AMSN students. Apply for student employment through the Emory University Office of Financial Aid. 

Pell Grant

Available almost exclusively for undergraduates, the Pell Grant does not have to be repaid. Eligible students will receive the Federal Pell Grant to the limit for which they qualify. Award limits are as follows: $588-$5,775 for 2015-2016 and $598-$5,815 for 2016-2017.

Federal Student Loans

Federal Stafford Loans student loans are available for ABSN students, but the lifetime limit is based on your total time as an undergraduate. Those limits do not increase for additional undergraduate degrees. The current life-time loan limit is $57,500 for undergraduates. If a student already borrowed this amount for an undergraduate degree, he or she would not be able to borrow more for a second bachelor's through the Stafford program. Because these funds must be repaid, exhaust all other sources of aid first and borrow only what is absolutely necessary. The types of federal loans available are listed below.

Subsidized Direct Loan

If students still have a remaining balance from their previous loan, they may apply it toward a Direct Subsidized Stafford Loan up to their annual limit. A subsidized loan is awarded based on financial need. Interest is deferred while you are enrolled at least part-time or in six credit hours of coursework. Repayment begins six months after you are no longer enrolled at least part-time.

Unsubsidized Direct Loan

If you do not demonstrate financial need, you may borrow an unsubsidized loan. Unsubsidized loan interest accrues from the time the loan is disbursed until it is paid in full. Interest may be paid while you are enrolled in school or allowed to accrue. Accrued interest will be capitalized; meaning it will be added to the principal amount of the loan when it enters repayment. Repayment of principal and interest begins six months after you are no longer enrolled at least part-time.

Loan terms and loan limits for each program are listed below:

ProgramEligibilityInterest Rate1Loan Origination Fees2Annual LimitAggregate
Subsidized Direct Loan3Half-time Undergraduate3.76%1.069%up to $5,500$23,000
Unsubsidized
direct loan
Half-time
Dependent
Undergraduate
3.76%
Interest
accrues while
enrolled
1.069%Up to $7,500
No more than
$5,500 can be
in subsidized
loans
$31,000
including
$23,000 in
subsidized
loans
Half-time
Independent
Undergraduate
3.76%
Interest
accrues while
enrolled
1.069%Up to $12,500-
no more than
$5,500 can be
in subsidized
loans
$57,500
including
$23,000 in
subsidized
loans
Half-time
Graduate
5.31%
Interest
accrues while
enrolled
1.069%up to $20,500$138,000
including
$65,000 in
previous
subsidized
loans
1Loans first disbursed on or after 7/1/15 and before 7/1/16.
2Direct Loan program charges a loan fee as a percentage of the loan principal. The loan origination fees shown above are for loans disbursed on or after 10/1/15 and before 10/1/16.
3Graduate students are ineligible for subsidized Direct Loans.

Private Supplemental Loans

Summer Aid

Annual loan limits cap the total amount of Federal Direct Loans a student can receive during one academic year (generally fall/spring/summer). Students who have received full-time Stafford Loans in the fall and spring, will not have federal student loans available to them for the summer session. Students needing assistance can pursue private supplemental loans to offset the difference in their financial aid. Student and professional nursing organizations, such as the Georgia Student Finance Commission, as well Health Resources and Services Administration’s (HRSA’s) Nurse Corps program have scholarships available for all nursing programs. Companies such as CVS MinuteClinic and Johnson & Johnson and Tylenol also offer generous scholarships for nursing students. Other opportunities are listed on the School of Nursing web site. 

Private Scholarships

Private scholarships for college students are offered each year by various corporate, professional, trade, government, civic, religious, social, and fraternal organizations. These scholarships can range in amount from small honorariums to thousands of dollars. To be considered, students must meet the eligibility criteria specified by the donor and complete the donor's scholarship application. Searching for and applying for a scholarship is a time-consuming process, so it is a good idea to start as early as possible.

American Assembly for Men in Nursing

American Association of Colleges of Nursing

It can take several weeks to process a financial aid application. We encourage you to complete and submit financial aid application early. After your application materials have been reviewed and processed, you will receive an email from the Office of Financial Aid to your @emory.edu address, notifying you that your Award Notice is available on OPUS. See the table below for financial aid release dates.

ABSN, AMSN, BSN, MSN, DNP open July 1, 2017
Application DeadlineDecision ReleaseMerit Based Scholarships ReleasedNeed Based Financial Aid Released*
October 15, 2017

November 15, 2017

December 1, 2017

December 15, 2017

December 15, 2017

January 15, 2018

February 1, 2018

February 15, 2018

Nell Hodgson Woodruff School of Nursing Emory University of Financial Aid

Katie Kennedy
Director of Admission and Financial Aid
404.727.7980
katie.kennedy@emory.edu

 

Nancy Tappin (A-K)
Financial Aid Advisor
404.727.6039
ntappin@emory.edu

Patricia Nicol (L-Z)
Financial Aid Advisor
404.727.6039
patricia.nicol@emory.edu