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.