The Baptist School of Health Professions offers Title IV (i.e., federal financial aid) programs to help you cover the cost of your program. Current financial aid offerings consist of:
Federal Pell Grant – This grant program is based on need and does not require repayment. The amount you receive is based on your EFC which is the Estimated Family Contribution figure determined by the information you provide on the FAFSA.
Federal Direct Subsidized Loan – This type of loan is based on need as determined by your cost of attendance and your EFC. This type of loan is interest free while you are enrolled at least half-time and repayment does not begin until six months after your graduate or leave school for more than six (6) months. When you enter repayment, the interest is fixed at 6% and repayment will vary based on your total borrowing but not to exceed 10 years.
Federal Direct Unsubsidized Loan – This loan does accrue interest while you are in school and requires half-time enrollment to qualify. It is not need-based and the interest is fixed at 6.8%. Repayment begins six months after you graduate or leave school for more than six (6) months. Repayment will vary based on your total borrowing with up to a maximum of ten (10) years to repay.
Federal financial aid is only available for the following programs of study:
- Associate of Applied Science in Nursing
- Diagnostic Medical Sonography
- Perioperative Nursing
- Radiologic Technology
- Surgical Technology
- Vocational Nursing
How to Apply
Of course, to qualify for Title IV you must complete the Free Application for Federal Student Aid (which is also known as the FAFSA) and be accepted into one of the above qualifying programs. If you are applying for admission for Summer 2010, Fall 2010 or Spring 2011, you need to complete the 2010-2011 FAFSA before the deadline for the program you are requesting admission. Visit www.fafsa.ed.gov and remember to list the Baptist School of Health Professions (federal school code 014956) as your school of choice.
Once we receive the FAFSA results, we will review your application, verify your acceptance and determine what you are eligible for in federal financial aid. (If we need additional information prior to awarding you financial aid, we will contact you.) We will notify you of your financial aid options and you will have the option of accepting, reducing or rejecting the aid that best complements your ability to pay for school.
If you choose to accept the awarded student loans to cover your cost of attendance, you must complete a Direct Loan Master Promissory Note (www.dlenote.ed.gov) and mandatory Entrance Counseling (www.dl.ed.gov) as required by the Department of Education. These two items are required for all students new to the Baptist School of Health Professions regardless if you’ve done these at another college and/or university.
For admitted students, we will also provide application procedures for the following programs:
Baptist Health System Education and Work Commitment Program– The education and work commitment program is a competitive program that is awarded to a few select students (based on the needs of the Baptist Health System) and covers the cost of tuition and fees for each term of required enrollment. In return, the student agrees to work for the Baptist Health System after successfully completing their program of study. The work commitment will vary from 2 to 3 years.
The work-loan is limited to newly admitted students in Radiologic Technology, Surgical Technology and Nursing programs.
Baptist Health Foundation Scholarship – Awards for this program can be based on either need or merit. Competitive in nature, awards vary from semester to semester based on funding levels and the number of recipients in each semester.
Scholarship Resources
The following resource listings are provided to assist students in their search for financial assistance. They do not guarantee qualification or acceptance of BSHP students.
Nursing
NursingScholarship.us - NursingScholarship.US is dedicated to help students find the right financial aid and scholarship providers.
Surgical Technology
Foundation for Surgical Technology - The purpose of the scholarship is to encourage and reward educational excellence as well as respond to the financial need demonstrated by the surgical technology student and offer assistance to those who seek a career in surgical technology.
Radiologic Technology
The Jerman-Cahoon Student Scholarship Program - The ASRT Education and Research Foundation Jerman-Cahoon Student Scholarship program provides scholarships for academically outstanding students attending an entry-level radiologic sciences program