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The Helene Fuld Health Trust is the largest charitable trust in the United States devoted exclusively to supporting student nurses and nursing education. The trust — which began as a foundation in 1935, but transferred its assets to the trust in 1969 — has provided grants, scholarships, and financial aid for the education, health, and welfare of student nurses.
In 1938, National League for Nursing Education (NLNE) began accreditation for registered nurse education programs. Beginning in 1964, federal funding for nursing education under the US Nurse Training Act was contingent upon the compliance of schools of nursing with Title VI of the Civil Rights Act of the same year.
Founded in 1952, NSNA is a nonprofit organization for students enrolled in associate, baccalaureate, diploma, and generic graduate nursing programs. It is dedicated to fostering the professional development of nursing students. The organization has 50,000 members in 50 states, the District of Columbia, Guam, Puerto Rico and the U.S. Virgin Islands.
Financial aid is available from federal and state governments, educational institutions, and private organizations. It can be awarded through grants, loans, work-study, and scholarships. To apply for federal financial aid, students must first complete the Free Application for Federal Student Aid .
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Nursing schools in all but nine states were helped by the federal aid; the arrangement called for the nursing schools to share in the cost of the projects. Of the $25,657,785 spent on the nursing school projects, federal aid paid $17,397,002 (about 67.8 percent) and the nursing schools paid $8,260,783 (about 32.2 percent). [23]