Contact
Rates
Schedule an appointment
The Nursing Line of Credit
Get the funding you need, when you need it, to help you stay focused on schooling, clinicals and beyond.
Apply nowNursing school is already demanding enough. Paying for it shouldn’t add extra stress. The Nursing Line of Credit gives future nurses a way to cover education expenses with confidence. Flexible funding, simple repayment options and multi-year funding make it easier to focus on what matters: becoming the next class of healthcare heroes.
Less Stress, More Focus
Frequently Asked Questions
Who is eligible for a Nursing Line of Credit?
To be eligible, you must be enrolled or enrolling in a program to obtain your nursing degree at one of the following schools:
- Arizona College of Nursing (Tucson, Phoenix and Tempe campuses only)
- Pima Medical Institute (Mesa and Tucson campuses only)
- You must be eligible for Desert Financial Credit Union membership (You can apply without being a member, but you’ll need to qualify for and open a Desert Financial membership before the loan can be funded.)
- You must be a U.S. citizen or permanent resident (non-residents are not eligible)
- You must be able to meet Desert Financial Credit Union’s standard underwriting criteria (a co-applicant may be necessary in order for you to meet credit criteria, and may help you qualify for a lower rate)
What are the repayment terms?
You may choose to make interest-only payments while in school; defer both principal and interest payments until six months after graduation; or make full payments while in school. If you choose to defer both principal and interest payments while you're in school, interest will begin accruing at disbursement and will be added to your loan balance when you enter repayment.
