Institutional Loan Programs

Mount Carmel College of Nursing has institutional loan programs that are reserved for students with extenuating circumstances and who meet specific criteria. MCCN Financial Services will make determinations on a case-by-case basis for students who request additional financial assistance.

The following apply to institutional loans:

  • Student must demonstrate significant financial need and be unable to utilize Direct PLUS or Private Education Loans or other financing options to pay an outstanding balance
  • Interest rates vary
  • Repayment begins after your enrollment has ended
  • Interest does not accrue until the start of your repayment period

If you are selected to receive an institutional loan, you will be contacted by Student Services with further information.