The nursing student needs financial assistance to pursue his career. Which way to explore resources is best?

Question

A) Pay a small fee for each application that a financial adviser completes for Federal and State grants and loans and area scholarships.
B) Ask for guidance from a local librarian in searching for different ways to finance the nursing program.
C) Accept the loaning agency's offer for additional money above the cost of school expenses for a vacation during a school break.
D) Call area hospitals and nursing homes inquiring if there is financial aid offered at their institution.

Answer 1

Ans: B
Feedback:
The best approach from the choices is to ask for guidance from a local librarian and perform an extensive search for all possible ways to finance the education and then decide the best method that meets the student's individual short- and long-term needs. There should not be any fees for applying to Federal or governmental agencies for financial assistance, so students should be wary of any advisor asking for such demands. The nursing student should only borrow what is needed for school expenses and not borrow additional funds because it will be harder to pay the loan back after graduation. The area hospitals may offer financial assistance, but will require a contract after graduation that the nurse will work at the facility for a given period of time before the nurse may go elsewhere for employment. This option may not best serve the student's long-term needs, and if the student does not fulfill the obligations of the contract, the student may have to pay back the funds received to the institution.