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Financing Your Nurse-Midwifery Education
Financing Your Nurse-Midwifery Education
Financial aid is
available from a number of sources to assist you in financing your
nurse-midwifery education. The following information is by no means exclusive,
but provides initial leads and resources for financial aid.
- Contact a financial aid officer at the school or
schools you are considering. They are professionals at finding
scholarships, loans and other forms of assistance and can be a very
valuable resource. Click here for a list of midwifery education programs.
- Approximately $57 million was earmarked last year by
Congress for nursing education funds--including $12.2 million for
nurse-midwives and nurse-practitioners. This money is available in a
variety of programs, including loans, scholarships and service paybacks to
the community for underserved areas/rural health. For information on
federal funds, visit http://bhpr.hrsa.gov/dsa/.
- The National
Health Service Corps (NHSC) offers a loan repayment program to
nurse-midwives and other health care professionals that commit to working
in underserved areas across the country. The Scholarship Program offers
payment of tuition and fees, books, supplies, and equipment for up to four
years of education, along with a monthly stipend. In return, for each year
of support, the recipient must serve one year in a federally designated
health professional shortage area of greatest need. For Scholarship information or a Loan
Repayment application, call the NHSC Helpline at 1-800-221-9393 or e-mail NHSC@matthewsgroup.com. To
find out more about this program, visit nhsc.bhpr.hrsa.gov/.
- The Professional
Nurse Traineeship Program through the Health Resources and Services
Administration gives priority funding to programs that support
professionals who are likely to practice in medically underserved areas.
Participating programs award this financial support to student
nurse-midwives selected by the program in accordance with the traineeship
program. Contact the program director of the program you're interested in
for more information.
- The State Loan Repayment
Program (SLRP) is part of the overall strategy of the Health Resources
and Services Administration (HRSA) to improve access to underserved
communities. Since the program?s inception, 38 States have participated,
awarding over 1,500 loan repayment awards to primary care health
professionals. To find out about programs in your state, visit http://nhsc.bhpr.hrsa.gov/join_us/slrp.cfm.
- The Indian Health Service (IHS) is committed to encouraging
American Indians and Alaska Natives to enter the health professions and
to assuring the availability of Indian health professionals to serve
Indians. The IHS is committed to the recruitment of students for the
following programs: The Indian Health Professions Preparatory Scholarships; The Indian Health Professions Pregraduate Scholarships; and the The Indian Health Professions Scholarships. More information is available online.
- The A.C.N.M. Foundation provides up to six
scholarships of $3000 each to nurse-midwifery students every year. Guidelines
and applications, as well as a list of recent award winners, are available
on the website, www.midwife.org/support.cfm. Questions can be directed to the
Foundation Office at (240) 485-1850 or fdn@acnm.org.
- General and local scholarships and loans are
available from many different organizations and agencies. Check with your
state higher education and public health departments for state funds. In
addition, you may contact organizations such as the American Association
of University Women for information on educational funding opportunities.
- Create your own source of funding. If you can
demonstrate the need for nurse-midwifery services in your community, a
local hospital, clinic or private practice may be willing to support you
in full or part in return for a practice commitment.
Revised January 2006
Questions, comments? Click here to contact ACNM.
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