Financial Aid

Nothing should stop you from pursuing your goals, including financial hardship.

We believe it takes more than a lack of funds to keep a good nurse down, which is why we offer financial assistance to students who would otherwise not be able to afford the cost of attendance.

Your first step in finding out your options is to fill out your Free Application for Federal Student Aid.

Financial Aid Officer

Don’t worry, you’re not alone on this journey. Our Financial Aid Coordinator can help you navigate the financial aid options and pick the solutions that work best for you.

Serrita Woods
Financial Aid Coordinator

3301 N. Mulford Road
Rockford, Illinois 61114

Phone: (815) 282-7900

School Code: 009987

Financial Aid Programs

  • Grants
  • Federal Pell Grant

    • Does not need to be repaid (unless you withdraw from school and owe a refund)
    • Can be used for tuition, fees, living expenses
    • This grant is based on financial need
    • Amount of award is calculated by the college based on information from the FAFSA
    • Awarded to undergraduate students-those who haven't earned a bachelor's or graduate degree
    • Amounts can change yearly
    • Maximum award for 2019-2020 is $6195.

    MAP Grant

    • Does not need to be repaid (unless you withdraw from school and owe a refund)
    • This grant is based on financial need
    • This need based grant can only be used by Illinois residents attending an approved Illinois school or one of the four military service academies
    • Pays tuition and mandatory fees
    • Awarded to undergraduate students-those who haven't earned a bachelor's or graduate degree
    • Amounts can change yearly
    • Estimated maximum award as approved by State Officials
    • 2019-2020 MAP Rights and Responsibilities form
  • Loans
  • There are two types of Federal Stafford loans: subsidized and unsubsidized. The Federal Stafford loans are low-interest loans the student takes out on his/her behalf. To apply online go to

    Terms and Conditions
    Terms and conditions of Federal Student Loans (Direct and Direct PLUS Loans) are listed on the Master Promissory Note signed by a borrower accepting the loan at

    All Direct Loan information will be submitted to the National Student Loan Data System (NSLDS) and will be accessible to guarantee agencies, lenders, schools and servicers.

    Entrance and Exit Counseling
    To complete your student loan entrance or exit counseling, please use the following links:

    Direct Subsidized Loan (subsidized - need based)
    Students may borrow up to $5,500/year, depending on need.

    Direct Unsubsidized Loan (unsubsidized - non-need based) 
    Students may use the unsubsidized loan to reach that portion of the $5,500 that they did not qualify for under the subsidized program. An additional $2,000 unsubsidized may be borrowed by dependent students for a total of $7,500. Independent student may borrow a maximum of $12,500 between the two programs. THE UNSUBSIDIZED PROGRAM REQUIRES THAT THE STUDENT BE RESPONSIBLE FOR THE INTEREST WHILE IN SCHOOL.

    Direct PLUS Loans for Parents and Graduate/Professional Students
    Parent loans for undergraduate students

    Private/Alternative Loans
    These are available to students to help pay the gap in their financial aid. These loans must be repaid, so only borrow what you need.

    • Typically have a higher interest rate
    • Interest rates/fees based on credit rating
    • May require a co-signer
    • Not Federally funded
    • Cannot be consolidated with Federal Stafford Loans

    Lenders that students have previously used include:

    The inclusion of a loan product or lender on this site does not imply endorsement.  We do not endorse any loan products or lenders.  Borrower can choose any lender.

  • U.S. Department of Veterans Affairs
  • Saint Anthony College of Nursing has been approved to provide Veterans Education Benefits by the State Approving Agency for Veterans Education, Illinois Department of Veteran Affairs.

    For more information regarding the education benefits, please contact the Financial Aid Office.

  • Employee Tuition Reimbursement Programs
  • A $300.00 deposit is required, at registration, if you defer any portion of your tuition.  If a class(s) is dropped the deferment status may change.

    If your employer offers tuition or educational reimbursement, we will defer that amount until the end of the semester, upon employer notification. You will be required to pay the remaining balance above the benefit reimbursement, by the first day of class. The deferred balance will be due, in full, 30 days after grades are posted.

    It is the student's responsibility to submit the required documents to their Human Resource Department. The reimbursement benefit is usually paid to the student directly.

    Balances not paid within the 30 days will be subject to the 1% monthly interest charge.

  • Tuition Waivers
  • Always check with your employer to see what type of tuition reimbursement you and/or your parents may qualify for.

  • Scholarships
  • We are pleased to be able to offer students the opportunity to apply for several institutional scholarships coordinated by Saint Anthony College of Nursing. We are grateful to all the donors whose generous contributions continue to assist our nursing students fund their education.

    For questions about any scholarship, please email us at

    SACN Scholarships

    Apply Online for an SACN Scholarship

    External Scholarships