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Investing in an education is one of the most important endeavors a person will make in their lifetime. Finding the means to fund your education can be difficult and confusing.
The staff in the Financial Aid Office at Eastern Suffolk School of Practical Nursing is committed to assisting students and their families find financial aid resources to help fund their educational experience. The professional staff will guide you through the financial aid process and provide you with assistance and information to help maximize your financial aid opportunities.
Students at Eastern Suffolk School of Practical Nursing may be eligible for the Pell Grant and Federal Direct Loans. Pell Grants and Federal Direct Loans are awarded based on the results of the Free Application for Federal Student Aid (FAFSA).
In general, to be eligible for federal financial aid, a student must:
- Be a U.S. citizen or eligible non-citizen
- Have a valid Social Security Number
- Must have a high school diploma, GED certificate, or recognized equivalent of a high-school diploma
- Make satisfactory academic progress in his / her program of study
- Not be in default on a federal student loan, and not have received an overpayment on a federal grant
- Be enrolled at least half-time
- If male, student must be registered with selective service, or must be able to provide proof of exemption
- Have financial need
Eastern Suffolk School of Practical Nursing
Federal School Code: 015375
To complete the Free Application for Federal Student Aid (FAFSA) online go to:
Completing the FAFSA on the Web:
Complete instructions for filling out your FAFSA can be found at http://studentaid.ed.gov. If this is your first time filling out a FAFSA, it is highly recommended you print out and read the instructions provided.
The following is a list of items needed to complete the application. You may want to consider gathering these items prior to completing your FAFSA on the web.
- Your Social Security Number and your parent’s Social Security Numbers if you are providing parent information
- Your driver’s license number if you have one
- Your Alien Registration Number if you are not a U.S. citizen
- 2011 federal tax returns (1040), including IRS W2 information for yourself and spouse if you are married. The same is required for your parents if you are providing parental information
- Records of untaxed income such as worker’s compensation and disability
- Information on savings, investments, and business and farm assets for yourself, and your parents if you are providing parent information
Your Federal PIN:
Apply for your Personal Identification Number (PIN) as soon as possible. If you were born after January 1, 1989, you and your parent will need to apply individually to obtain a separate PIN number. Your Personal Identification Number (PIN) serves as a means to sign your FAFSA electronically.
Pell Grant:
The Federal Pell Grant Program provides need-based grants to low-income undergraduate students. Grant amounts are dependent on the student’s expected family contribution, the cost of attendance, and the student’s enrollment status (full-time, part-time or level II). The Pell Grant does not need to be repaid.
Direct Subsized Loan:
The Direct Subsidized Loan is awarded on the basis of financial need. The Federal government “subsidizes” the interest while you are attending school more than half time. You will not be charged any interest before you begin repayment. You don’t need to begin repayment on the loan until six months after graduation or if your enrollment drops below half time. The maximum Direct Subsidized loan limit is $3,500 and is determined by eligibility and prorated according to academic class. The interest rate for the Direct Subsidized Loan is 6.8% for 2012-2013 academic year.
Direct Unsubsidized Loan:
The Direct Unsubsidized loan is not awarded on the basis of need. Interest is charged during all periods, including while you are in school and during grace and deferment periods. The interest rate for the Unsubsidized Loan is 6.8% in addition to certain fees for the 2012-2013 academic year. If you choose not to pay the interest on your Direct Unsubsidized Loan while you’re in school, the interest will be added to the unpaid principal amount of your loan. This is called “capitalization.” It will save you money in the long run if you pay the interest as it accrues on your loan while you’re in school or during the grace period. This is also true if you pay any interest that accrues during periods when you defer loan payments after leaving school or during forbearance.
PLUS Loans:
Direct PLUS Loans are for parents of dependent students. Interest is charged during all periods. PLUS loans help pay for education expenses up to the cost of attendance minus all other financial assistance. The interest rate for the PLUS Loan is 7.9% in addition to certain fees.
Student Academic Progress:
A student must receive a grade of 75% or better in each unit of study and each clinical rotation to maintain satisfactory progress. A student with a grade point average below 75% in a unit of study or clinical rotation will be terminated.
The total program is 1260 hours. Level I students have a 450-hour completion requirement before they are able to advance to Level II. Level II students have an 810-hour completion requirement.
Level I academic progress is monitored at the completion of four-week intervals or 60 hours for part-time day and part-time evening programs. Full-time day programs are monitored at two-week intervals or 60 hours.
Level II academic progress is monitored at the completion of three-week clinical rotations or 90 hours, or seven-week clinical rotations or 210 hours, or four-week clinical rotations or 120 hours. Each student rotates through varied clinical rotations as they are scheduled.
Students are not eligible for Title IV Financial Aid funds when satisfactory academic progress is not met following a probationary period.
Reinstatement of financial aid eligibility will be determined, when satisfactory academic progress has been met. All students must successfully finish the requirements for completion of the program in the maximum allowable hours or 1,890 hours (1.5 x 1,260).
Miscellaneous Information
Enrollment for the 2010-2011 Academic Year:
| Full-Time Day |
169 |
| Level I (PTE) |
119 |
| Level II (PN2) |
243 |
2010-2011 Placement Rate:
Program Statistics:
School |
Currently Hold |
Currently |
Continuing |
Year |
LPN License |
Employed |
Education |
2010-2011 |
91% |
62% |
57% |
2010-2011 Median Loan Debt:
The median loan debt of students at Eastern Suffolk School of Practical Nursing during the 2010-2011 award year:
$4,750.00
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