Financial Aid
The Ellis School of Nursing financial aid program is dedicated to
providing financial resources to matriculated students who want to
further their education but would not be able to do so without
financial assistance. All aid is processed in accordance with
required government regulations and every effort will be made to
advise students/applicants in a way that will best prepare them for
the expenses associated with study at ESON.
A complete listing of financial aid policies and procedures is
available in the financial aid office.
How to Apply for Financial Aid
Financial aid applications are available at the financial aid
office and must be completed each academic year. At ESON, an
academic year begins with the Fall semester and concludes with the
Summer session.
Students applying for financial aid must complete the following
applications:
- Free Application for Federal Student Aid (FAFSA)
- Ellis Application for Financial Aid
- Provide a High School diploma, GED, or, if educated outside
of the US,
evidence of completion of an Ability-To Benefit test.
The FAFSA should be completed and mailed directly to the
processor or electronically at
www.fafsa.gov.
Returning students may bypass the FAFSA and complete the Renewal
FAFSA. The Ellis application should be returned to the School of
Nursing office. Any questions regarding completion of the
applications, or consideration of special circumstances, may be
directed to the Financial Aid Coordinator at the school office. ESON
encourages students to apply for financial aid as early as possible.
The ESON will comply with all verification or correction
requirements as required by the current U.S. Department of Education
verification guide. If an application (FAFSA) has been selected for
verification, no disbursement for any Title IV aid will be approved
until verification has been completed. The student will be notified,
in a timely manner, when verification or correction is necessary and
what information or documentation is required to conclude the
process. After verification has been completed, the application
process will continue. ESON must receive a valid student aid report,
Institutional Student Information Record (ISIR), before Title IV aid
can be disbursed.
Determining Financial Need
Most types of financial aid are based on a student's demonstrated
need. When a student applies for aid, the information reported is
used in a federal formula that calculates an Expected Family
Contribution (EFC). The EFC is an amount the student and his or her
family is expected to contribute toward the cost of education. The
total Cost of Attendance (COA) includes tuition, books, fees, and
other living expenses associated with attending ESON. Financial need
is then determined by subtracting the EFC from the COA. The amount
remaining is considered the student's financial need.
Students at ESON may apply for Federal and State Assistance.
Institutional and community scholarships are also available. Contact
the Ellis School of Nursing Financial Aid Coordinator for assistance
at 518-243-4471.
Financial Aid Opportunities: