Stanbridge University Nursing Cost and Financial Aid Guide
Choosing a nursing school is a big decision, and finances play a major role in that choice. Stanbridge University, known for its strong nursing programs, offers students a quality education, but how much does it cost? Let’s break it down in detail so you can plan your future with confidence.
Understanding the Total Cost of Nursing Programs at Stanbridge University
Stanbridge University offers multiple nursing programs, each with its tuition structure. Below is an overview of the primary nursing programs and their respective costs:
Bachelor of Science in Nursing (BSN)
- Tuition Rate: $760.68 per quarter credit hour
- Total Credit Hours Required: 180
- Estimated Total Tuition: Approximately $137,280
- Program Duration: 36-37 months
Associate of Occupational Science in Vocational Nursing (LVN)
- Total Tuition & Fees: $36,710
- Books & Supplies: $3,285
- Program Length: 110 contact hours
- Average Completion Time: 19 months
Additional Fees and Expenses
While tuition is a major component of the cost, students should also consider other expenses associated with their nursing education. These include:
- Books and Supplies: Additional learning materials and textbooks may cost several thousand dollars, depending on the program.
- Clinical and Lab Fees: Some courses require hands-on training, which may involve extra fees for lab use and clinical placements.
- Licensure and Examination Fees: Students planning to take the NCLEX-RN or NCLEX-PN must pay examination and licensing fees.
- Background Checks and Health Screenings: Nursing students are required to complete background checks, drug screenings, and immunizations, adding to the overall cost.
Cost of Living Considerations
If you plan to study full-time, you should also account for the cost of living. Off-campus living expenses at Stanbridge University are estimated as follows:
- Room and Board: Approximately $124,240 for the duration of the BSN program.
- Transportation and Personal Expenses: Varies depending on location and lifestyle.
Read Also: A Comprehensive Guide to Stanbridge University Nursing Requirements
Financial Aid and Scholarships
Many students rely on financial aid to fund their education. At Stanbridge University, you may qualify for:
- Federal Grants: Covers part of tuition for eligible students (average award: $4,064)
- State and Local Grants: Limited availability, but can be substantial ($10,294 on average)
- Institutional Grants: Scholarships provided by Stanbridge itself (average award: $3,000)
- Student Loans: Around 73% of students take out loans, averaging $11,598 per year
Applying early and exploring all financial aid options is crucial to ease the financial burden.
How Does Stanbridge Compare to Other Nursing Schools?
Stanbridge’s BSN program costs more than the national average, which is approximately $48,241 for a similar nursing degree. However, Stanbridge provides advanced simulation labs and strong job placement support, making the investment worthwhile.
Evaluating the Return on Investment (ROI) of Nursing Programs
Potential Earning Prospects
When considering the financial aspect of a nursing education, potential earning prospects are a significant factor. Graduates from Stanbridge University can expect to earn competitive salaries upon entering the workforce. Here are some average starting salaries for various nursing roles:
- Registered Nurse (RN): Approximately $70,000 per year.
- Nurse Practitioner (NP): Around $95,000 per year.
These figures highlight the promising financial returns that a nursing degree can offer.
Job Placement Rates
Another important consideration is job placement rates for graduates. Stanbridge University boasts an impressive job placement rate of over 90%, reflecting the strong demand for qualified nurses in the healthcare industry. Many alumni share their immediate entry into the workforce, often receiving multiple job offers. These factors contribute to a satisfying return on investment, as the likelihood of securing a stable and lucrative position post-graduation is notably high.
style=”text-align: center;”>Smart Ways to Reduce Stanbridge University Nursing Cost
Managing the costs of nursing programs can initially seem daunting, but effective budgeting can make a significant difference. Here are some strategies that many students find helpful:
- Apply for as many scholarships and grants as possible
- Consider working part-time or in a work-study program
- Budget wisely and minimize unnecessary expenses
- Look for student discounts on supplies and textbooks
Conclusion
Nursing school is a big financial commitment, but with proper planning, it is manageable. If Stanbridge University is your top choice, take advantage of financial aid, scholarships, and budgeting strategies to make your dream of becoming a nurse a reality.
FAQs
1. How long does it take to complete the BSN program at Stanbridge University?
The program typically takes 36 to 37 months to complete, including breaks.
2. Does Stanbridge University offer financial aid for nursing students?
Yes! Stanbridge offers federal, state, and institutional grants, along with loan options.
3. What are some hidden costs of attending Stanbridge’s nursing program?
Beyond tuition, you’ll need to budget for books, background checks, and licensure exams.
4. Can I work while attending Stanbridge University’s nursing program?
Yes, but due to the program’s intensity, part-time work is recommended over full-time employment.
5. Is the nursing program at Stanbridge University accredited?
Yes, Stanbridge University’s nursing program is fully accredited, ensuring a high-quality education.
