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Types of Financial Aid

Grants

Pell Grants

The Pell Grant program is a federal entitlement program authorized by the Education Amendments of 1972. Eligibility is determined from data provided on the Free Application of Federal Student Aid (FAFSA). Receive information about Pell Grants from your high school counselor or the GSC Financial Aid Office. The Federal School Code for GSC #006494.

Federal Supplemental Educational Opportunity Grant (FSEOG)

The FSEOG Program provides need-based grants to help undergraduate students finance higher education costs. Priority is given to students who are Pell Grant recipients with low Expected Family Contributions (EFC’s). Students must file a FAFSA as part of the application process for the FSEOG. The FAFSA serves as the application for this grant.

Ohio College Opportunity Grant (OCOG)

Ohio residents in a degree/nurse diploma program with a FASFA Expected Family Contribution (EFC) number of 2190 or less and a maximum household income of $75,000 are eligible. Students are limited to 10 semesters or 15 quarters of state, need-based grant aid. The FAFSA serves as the application for this grant.

 

Loans

Direct Stafford Subsidized Loan

A federally financed and subsidized student loan made on the basis of the student’s financial need and other specific eligibility requirements. The federal government does not charge interest on these loans while borrowers are enrolled at least half-time.

Consideration requires the filing of the Free Application for Federal Student Aid (FAFSA).

Direct Stafford Unsubsidized Loan

A federally financed student loan made to students meeting specific eligibility requirements. Interest is charged throughout the life of the loan. The borrower may choose to pay the interest charged on the loan or allow the interest to be capitalized (added to the principal).

Direct PLUS Loans

Parents of dependent students can borrow PLUS loans to pay for their children’s education. Parents are responsible for all interest charges. Parents must begin paying on the fully disbursed loan after 45 to 60 days.

Private Loans

There are many ways to pay for higher education, and choosing the right approach requires a good understanding of your options, your responsibilities, and the various details of each lender’s loan products. It’s a lot to keep in mind. FASTChoice makes it easy by providing you with information about private loans in an easy-to-understand format, to help you determine which private student loan best meet your needs. Please click here to apply. https://choice.fastproducts.org/FastChoice/home/649400

Charles Schell, 5/3 Bank GSC Loan

A limited number of interest-free loans are available to qualified students attending the College.

 

Loan Forgiveness Programs

Health and Human Services Nursing Loan Repayment

This program is available for nurses who want to take advantage of a federal program to help pay off nursing education loans. The Nursing Education Loan Repayment Program (NELRP) is aimed at giving nurses an incentive to practice in “critical shortage areas” by repaying up to 85 percent of their outstanding student loans for their nursing program. In exchange, nurses work at a qualified facility for three years. Health & Human Services Nursing Loan Repayment., or Public Service Loan Forgiveness (PSLF)

Nurse Education Assistance Loan Program (NEALP)

The purpose of NEALP is to assist the state in meeting nursing shortages by providing financial assistance to Ohio students enrolled for at least half-time study (or accepted for enrollment) in approved Ohio pre-licensure nurse education program who intend to serve as nurses after graduation. NEALP provides up to $1,500 per year. In exchange, to qualify for loan cancellation, recipients must be employed full-time as a registered nurse or licensed practical nurse in the State of Ohio for a minimum of five years after graduation. Students must apply to the Ohio Board of Regents. NEALP information

 

Outside Assistance

Workforce Investment Act

The Workforce Investment Act (WIA) is a federally funded program that establishes the Workforce Development System and provides funding to support training to unemployed adults and dislocated workers. GSC is a training center to help individuals receive training they need in their AASN two-year program to become a nurse.
WIA assists eligible students in helping them with their educational expenses. Contact the area you live in to find out if you are eligible:

Ohio

Warren County: 513-695-1130
Butler County: 513-785-6500
Brown County: 1-800-553-7393 ext. 261
Clermont County: 513-943-3000

Northern Kentucky

Florence: 859-283-1885

Indiana

Lawrenceburg: 513-943-3000

 

Work-Study

Federal Work Study

The purpose is to provide part-time jobs for undergraduate students with financial need, allowing them to earn money to help pay education expenses. The program encourages community service work and work related to the student’s course of study.

The Federal Work Study (FWS) program is a campus-based grant that is provided by the Department of Education. In order to receive a Federal Work-study Allocation, the Dean of Enrollment must apply for these funds through the annual FISAP report each October 1st. Allocations vary and are based on enrollment and other financial information provided in the application. Federal Work-Study (FWS) jobs may be on or off campus. Off campus FWS jobs with federal, state, or local public agencies or private nonprofit organizations must be in the public interest.

Students may work up to 10 hours per week during the normal College semesters and may work up to 40 hours per week during the summer semesters, depending on FWS allocation available. Students participating in the FWS program will be paid an hourly rate of $11.50-$15/hour.

Eligibility for FWS runs during the regular academic year July 1st through June 30th. Eligibility is reviewed each academic year.

 

Scholarships

GSC Internal Scholarships

More than $150,000 in Scholarships are awarded to current students each year.

The Ohio Nurses Foundation

The Ohio Nurses Foundation offers several scholarships for students who are earning their RN degree. Ohio Nurses Association: Financial Assistance

F.A. Davis Nursing Scholarship

F.A. Davis Nursing Scholarship is an annual $1,500 undergraduate nursing student scholarship opportunity. fadavis.com.

Health & Human Services

In exchange for at least two years’ service at a health care facility with a critical shortage of nurses, the Nursing Scholarship Program pays for tuition, required fees and other reasonable costs including books and supplies.  Health Resources and Services Administration: Health Professions

Ohio Safety Officers College Memorial Fund

Provides tuition assistance to the children and spouses of peace officers, firefighters and certain other safety officers who are killed in the line-of-duty, anywhere in the United States. It also provides assistance to the children and spouses of a member of the armed services of the US, who have been killed in the line of duty during Operation Enduring Freedom, Operation Iraqi Freedom or a combat zone designated by the President of the United States. The child is only eligible for this program if he/she is not eligible for the Ohio War Orphans Scholarship. Interested students should contact the Ohio Board of Regents. Ohio Safety Officers College Memorial Fund

Nursing Scholarships

A scholarship database has been created specifically for nursing students. See Scholarships, amounts, and deadlines by going to http://www.nursingexplorer.com/scholarships

 

Other Sources of Financial Aid

  • Veterans Administration
  • Local service clubs, churches, labor unions, companies,

Hospital

The Good Samaritan College campus is located in Good Samaritan Hospital, part of the TriHealth medical system.

Student

Our students practice their medical skills in our nationally-recognized Simulation and Skills Lab.

Faculty

Study under faculty with doctorate degrees in their field.