Financial Assistance...Future Advantage Loan         
  
Future Advantage Loan

 

 

 

Graduation
Junior Year
Application Deadline

Senior Year
Application Deadline

December 2007
- -
June 1, 2007
August 2007
- -
March 1, 2007
 
 
 
May 2008
November 15, 2006
September 1, 2007
August 2009
March 1, 2007
March 1, 2008
December 2009
June 1, 2007
June 1, 2008

 

 

Graduation
Application Deadline
December 2007
June 1, 2007
August 2007
March 1, 2007
 
 
May 2008
September 1, 2007
August 2009
March 1, 2007
December 2009
June 1, 2007

 

 

  • Loan awards will be made payable to the student and will be disbursed following receipt of the
    student’s signed loan agreement.
  • Nursing student loan recipients are expected to take the NCLEX-RN licensure exam within 8 weeks
    of graduation.

  • Radiology student loan recipients must become registered with ARRT and obtain an Ohio licensure
    within 8 weeks of graduation

  • Respiratory student loan recipients must take and pass the Certified Respiratory Therapist (CRT)
    Examination administered by the National Board for Respiratory Cares, Inc. (NBRC) and obtain an
    Ohio license within 16 weeks of graduation.

  • Loan recipients must begin full-time employment with one of the four hospitals in the East Region
    within 90 days of graduation. The Eastern Region is comprised of Euclid Hospital, Hillcrest Hospital,
    Huron Hospital, and South Pointe Hospital.

  • Loan recipients will be required to remain in good academic standing during their course of study.

 

 

Complete the application and return to:
Employment Center
Cleveland Clinic East
Cleveland Clinic Administrative center
3050 Science Park Drive / AC3-3-188
Beachwood, OH 44122

Attn: Future Advantage Loan Committee

 

  • Ask a faculty member at your school to complete the clinical reference form and return to the above address marked Attn: Future Advantage Loan Committee.

  • Contact your school and arrange to have an official transcript sent to the Employment Center (see
    complete address in #1).

 

 

Application

Clinical Reference Form

To view Application and Clinical Reference Form, you must have Adobe Reader installed. For the latest version of Adobe Reader please click the button below to visit Adobe's site.

 

 

 

 

Future Advantage Loan Application Process

 

 

 

Future Advantage Loan cannot be used in conjunction with the Nursing Education Assistance
Program.

 

 

Assistance Amount and Work Commitment

The following work commitments, following graduation, are required based on the amount of
the award:

• Loans less than or equal to $2,000 require 12 months
• Loans of $2,001 - $5,000 require 18 months
• Loans greater than $5,000 require 24 months

 

 

Future Advantage Loan Award Process

 

 

 

Associate degree and Diploma students are eligible for the senior year.

 

Eligibility Requirements

Applicants must be enrolled in an accredited Associate, Baccalaureate or Diploma program in
Nursing, Radiologic Technology, Occupational Therapy, Occupational Therapy Assistant, Physical Therapy, Physical Therapy Assistant or Respiratory Therapy and have a minimum grade point average of 2.5.

 

 

Students enrolled in a Baccalaureate program are eligible for the junior and senior years of
study.