Nursing Student Loans (93.364)
Nursing Student Loans (Assistance Listing 93.364) is run by the Health Resources and Services Administration, part of the Department of Health and Human Services. It awarded $33.7 million in 91 grants from fiscal 2021 to 2025, about $369,830 per award on average. No funding opportunity is open on Grants.gov right now.
The typical award was $222,223. Half of the 91 awards fell between $90,861 and $526,678, and they ranged from $12,560 to $2.6 million.
- Awarded, FY 2021 to 2025$33.7 million
- Grant awards91
- Typical award$222,223
- Awarded in FY 2025$6.2 million
- Size rank1151 of 1824
- Type of assistanceDirect loans
Key findings
- It is the 1151st largest of 1,824 federal grant programs by five-year awards.
- The 20 largest recipients received 80% of the money.
- Awards went to recipients in 27 states and territories.
What the program funds
To increase educational opportunities by providing long-term, low-interest loans to students in need of financial assistance and in pursuit of a course of study in an approved nursing program.
Open opportunities
No opportunity under this program is open or forecast on Grants.gov right now. Programs often post once a year, so the funding history below shows what to expect.
Rules from the program listing
Who can apply
All accredited public and nonprofit private schools of nursing that prepare students for practice as registered or graduate nurses, and that do not discriminate against students because of race, color, origin, gender, or handicapping conditions, are eligible to apply for funds to be disbursed to qualified nursing students. Federally Recognized Indian Tribal Governments and Native American Organizations may apply if they are otherwise eligible.
What the money can and cannot pay for
The maximum amount a student may borrow is $5,936 for an academic year for each of the first two years, $9,338 for each of the final two years of a baccalaureate or graduate degree program, or the amount of the student's financial need, whichever is less. The total of all Nursing Student Loans to any student is limited to$29,227. Loans will be made to full and half-time nursing students enrolled after June 30, 2026 who are citizens, nationals, lawful permanent residents of the United States, the District of Columbia, the Commonwealth of Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands, Guam, American Samoa, the Republic of Palau, the Republic of the Marshall Islands, and the Federated States of Micronesia. Funds are made to schools of nursing to capitalize loans.
Matching requirements
This program has no statutory formula. Requirement for all Revolving Loan programs as outlined in Title 42 CFR 57.302: 11%. Under the Federal Capital Contribution method, schools participating in loan programs must match the federal contribution with an amount not less than one-ninth of the funds drawn down.MOE requirements are not applicable to this assistance listing.
Deadlines
Contact the headquarters or regional location, as appropriate for application deadlines To apply for a Loan Program call 1-877-464-4772 for application deadlines.
Award range and average, in the agency's words
FY23 Range $26,000 - $1,100,000; Average per institution $326,400 FY24 Range $25,831 - $1,507,185; Average per institution$766,508 FY25 est Range $25,000 - $1,000,000; Average per institution $512,500
Funding history and past recipients
From fiscal 2021 to 2025, Nursing Student Loans (93.364) awarded$33.7 million across 91 grant awards, an average of $369,830 per award.
Who usually wins
Almost all of the money went to colleges and universities.
| Recipient type | Awards | Amount | Share |
|---|---|---|---|
| Colleges and universities | 91 | $33.7 million | 100% |
By state
14 states have a page for this program: those that received at least $1 million or 10 awards.
| State | Awards | Amount |
|---|---|---|
| California | 8 | $6.5 million |
| Massachusetts | 7 | $3.5 million |
| Alabama | 3 | $2.8 million |
| Georgia | 2 | $2.5 million |
| New York | 6 | $2.2 million |
| Wisconsin | 4 | $2.0 million |
| Nebraska | 5 | $1.9 million |
| Pennsylvania | 9 | $1.9 million |
| North Carolina | 5 | $1.7 million |
| Texas | 4 | $1.5 million |
| Oregon | 3 | $1.5 million |
| Michigan | 3 | $1.3 million |
| Illinois | 5 | $1.0 million |
| Louisiana | 2 | $1.0 million |
| Arizona | 3 | $553,189 |
| Iowa | 2 | $454,913 |
| Washington | 1 | $409,772 |
| Minnesota | 1 | $282,290 |
| Nevada | 1 | $233,817 |
| Missouri | 2 | $220,168 |
| Colorado | 1 | $195,071 |
| North Dakota | 2 | $184,293 |
| South Dakota | 1 | $178,261 |
| South Carolina | 2 | $167,370 |
| New Jersey | 2 | $153,625 |
| Ohio | 4 | $116,737 |
| Indiana | 3 | $33,632 |