BORROWER-BASED ACADEMIC YEAR

Villanova University uses a Borrower-Based Academic Year for the Second Degree Accelerated Nursing Program so that students can maximize their Federal Direct Loan borrowing Students enrolled in the summer 2026 semester as matriculated students in the 2^nd Degree Accelerated Nursing Program can use a Borrower-Based Academic Year.

The Borrower-Based Academic Year awards an initial annual federal loan limit is split between the summer 2026/fall 2026 semesters. A second annual federal loan limit is split between the spring 2027/summer 2027 semesters. Course registration for the spring 2027 semester normally commences in late October 2027. After the student has registered for the spring 2027 semester, they will be sent an e-mail in November regarding their spring eligibility, so that the student may confirm that they wish to use this funding to finance their spring 2027 semester expenses.

Additionally, students will be required to complete the 2027-2028 FAFSA for the summer 2027 Federal Direct Loan Eligibility to be reviewed.

Federal Direct Loan eligibility per semester for Dependent Students

Federal Direct Loan eligibility per semester for Independent Students

*The example provided reflects a student’s eligibility at the Junior/Senior grade level status, full-time enrollment (12 credits or more per semester), and has not reached their aggregate loan limit for undergraduate borrowing, in accordance with the federal guidelines.