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Nursing Loan

The Nursing Loan is a need-based loan with the University of Portland acting as the lender.

The loan is subsidized (interest does not accrue) while the student is in school and during the 9-month grace period. The interest rate is 5% and there is no origination fee.

Application Procedures

To be considered for a Nursing Loan, students must:

Selection Criteria

To qualify for a Nursing Loan, students must:

  • Meet all eligibility requirements to receive Title IV Aid;
  • Be a nursing student enrolled at least half time (6 credits undergraduate; 5 credits graduate); and
  • Demonstrate exceptional financial need.

Award Amounts

  • Award amounts vary based on availability of funds and financial need.