Students undergoing neonatal nursing degree programs are eligible for a number of scholarships and grants to help them meet the cost of education. Apart from these, there are low-interest loans available from the federal-, state- government and also private lenders.

Financial aid can emanate from a number of sources. If you plan well and apply early you can definitely acquire enough funding to see you through all semesters. The National Association of Neonatal Nurses (NANN) has established the Lundbeck, Inc. Neonatal Nursing Career Path Scholarship program which supports clinical neonatal nurses studying for a neonatal nurse practitioner degree.

Keep in mind that apart from subject-specific financial aid, you can qualify for monies meant for nursing students irrespective of specialty. Check for aid meant for nursing students belong to a particular community, region, religion, or ethnic minority. The college financial aid department is the best place to resolve your doubts regarding the most appropriate financial aid options to pursue. If you are considering a loan then the first place to look for should be the federal government Student Loan Network. You may qualify for a subsidized or unsubsidized loan depending upon your financial status. Your loan repayment may also be tied to you agreeing to serve in a medically underserved area.

Neonatal nurses are eligible for scholarships from the Foundation for Neonatal Research and Education subject to fulfillment of certain criteria.

The NBNA Scholarship Program http://www.nbna.org/index.php?option=com_content&view=article&id=74&Itemid=133 run by the National Black Nurses Association is an example of a minority scholarship meant to encourage deserving students. There are several scholarships available and they range from $500 to $2000.

Registered Nurses pursuing master’s or doctoral programs in maternal-child nursing can apply for the March of Dimes Graduate Nursing Scholarships which carry an award of $5000. membership of at least one of the following organizations is a compulsory condition – the Association of Women’s Health, Obstetric and Neonatal Nurses; the American College of Nurse-Midwives; or the National Association of Neonatal Nurses.