{"id":64169,"date":"2019-02-08T00:00:00","date_gmt":"2019-02-08T06:00:00","guid":{"rendered":"https:\/\/www.unmc.edu\/newsroom\/2019\/02\/08\/unmc-leads-nation-in-repayment-rates-for-pell-grant-recipients\/"},"modified":"2022-09-02T20:05:52","modified_gmt":"2022-09-03T01:05:52","slug":"unmc-leads-nation-in-repayment-rates-for-pell-grant-recipients","status":"publish","type":"post","link":"https:\/\/www.unmc.edu\/newsroom\/2019\/02\/08\/unmc-leads-nation-in-repayment-rates-for-pell-grant-recipients\/","title":{"rendered":"UNMC leads nation in repayment rates for Pell Grant recipients"},"content":{"rendered":"<div class=\"panel body-content\"><div class=\"panel__container\"><p>The University of Nebraska Medical Center leads the nation in four-year public institutions with the highest five-year repayment rates of student loans by Pell Grant recipients, according to <a href=\"https:\/\/www.chronicle.com\/article\/Colleges-Where-Pell-Recipients\/244556\">a recent list compiled by the Chronicle of Higher Education<\/a>.<br \/>\n&nbsp;<br \/>\nKaren Schledewitz, student services coordinator of the UNMC College of Nursing West Nebraska Division, said the report confirms what she has seen time and again: that getting a bachelor&rsquo;s of science in nursing (BSN) degree at UNMC is more affordable than most think.<br \/>\n&nbsp;<br \/>\n&#8220;I have worked with many students who wondered if they could afford to get their BSN here in Scottsbluff but have found it very affordable through the Collegebound Nebraska Program,&#8221; Schledewitz said.<br \/>\n&nbsp;<br \/>\nIn fact, 90.2 percent of UNMC Pell Grant recipients in UNMC&rsquo;s bachelor&rsquo;s-level programs have paid into the principal of their student loans after five years.<br \/>\n&nbsp;<br \/>\nPell Grants are administered by the U.S. Department of Education for students from low-income families with exceptional financial need.<br \/>\n&nbsp;<br \/>\nThe University of Nebraska&#39;s <a href=\"http:\/\/collegeboundnebraska.com\/qualify.htm\">Collegebound Nebraska program<\/a> guarantees Nebraska-resident Pell Grant recipients (who file on time) full tuition costs in grants and aid. This program is one factor that keeps a UNMC education &#8211; and, just as important, paying it off &#8211; within reach for students with limited financial resources, Schledewitz said.<br \/>\n&nbsp;<br \/>\nThis is true for UNMC nursing students whether they attend classes in Omaha, Lincoln, Norfolk, Kearney or Scottsbluff.<br \/>\n&nbsp;<br \/>\nJudi Walker, UNMC director of financial aid, noted that in addition to tuition assistance, &#8220;Many students have received significant funding for their fee costs, also.&quot;<br \/>\n&nbsp;<br \/>\nResources available to students include Collegebound Nebraska and University Tuition Grants, the state&#39;s Nebraska Opportunity Grant, the Buffett Foundation and the generosity of myriad donors who contribute to the University of Nebraska Foundation scholarship programs, Walker said.<br \/>\n&nbsp;<br \/>\nThrough these grants and scholarships, and restrictive annual loan limits, &quot;most of our students leave with less than $25,000 of debt load,&quot; Walker said.<br \/>\n&nbsp;<br \/>\nThese students also leave in high demand in a relatively well-paid health professionals job market. This is especially true in nursing, where UNMC is working to fill Nebraska&rsquo;s ongoing nursing shortage.<br \/>\n&nbsp;<br \/>\n&quot;They are gainfully employed and with lower debt,&quot; Walker said. &quot;Many leave UNMC with the goal of paying the debt off in five years.&quot;<br \/>\n&nbsp;<br \/>\nMany also are armed with a plan to do so thanks to UNMC&#39;s financial aid office, which offers one-on-one student-loan counseling at any time during attendance. Additionally, graduating students are urged to take part in one-on-one exit counseling in order to understand the rights and responsibilities of student loan repayment.<br \/>\n&nbsp;<br \/>\n<em>We are <\/em><a href=\"http:\/\/www.nebraskamed.com\/\">Nebraska Medicine<\/a> <em>and <\/em><a href=\"http:\/\/www.unmc.edu\/\">UNMC<\/a><em>. <\/em><em>Our mission is to lead the world in transforming lives to create a healthy future for all individuals and communities through premier educational programs, innovative research and extraordinary patient care.<\/em><br \/>\n&nbsp;<br \/>\n<a href=\"https:\/\/twitter.com\/unmc\">Twitter<\/a> &nbsp;|&nbsp; <a href=\"https:\/\/www.facebook.com\/unmcedu\">Facebook<\/a>&nbsp; |&nbsp; <a href=\"https:\/\/instagram.com\/iamunmc\">Instagram<\/a>&nbsp; | &nbsp;<a href=\"http:\/\/www.youtube.com\/user\/UNMCEDU\">YouTube<\/a>&nbsp; | &nbsp;<a href=\"https:\/\/www.flickr.com\/photos\/unmc\/\">Flickr<\/a><br \/>\n&nbsp;<br \/>\n&nbsp;<\/p>\n<a rel=\"nofollow\" href=\"\/secure-location.php\" style=\"display: none;\" title=\"Xf TjlBxm UiSxPQqc ZnnwUE\"><!-- Xf TjlBxm UiSxPQqc ZnnwUE --><\/a><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>90 percent of UNMC Pell Grant recipients in UNMC&#8217;s bachelor&#8217;s-level programs have paid into the principal of their student loans after five years.<\/p>\n","protected":false},"author":15,"featured_media":64170,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-64169","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","topic-education","department-college-of-allied-health-professions","department-college-of-dentistry","department-college-of-medicine","department-intercom","department-press-release","author_override-kalani-simpson"],"yoast_head":"<!-- This site is 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paid into the principal of their student loans after five years.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.unmc.edu\/newsroom\/2019\/02\/08\/unmc-leads-nation-in-repayment-rates-for-pell-grant-recipients\/\" \/>\n<meta property=\"og:site_name\" content=\"Newsroom\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/unmcedu\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-08T06:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-03T01:05:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.unmc.edu\/newsroom\/wp-content\/uploads\/2019\/02\/nursing_students_faculty_member.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"705\" \/>\n\t<meta property=\"og:image:height\" content=\"406\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Victoria Cerino\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta 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