CNA training takes a relatively short amount of time compared to other health care programs. However, funding your studies on your own can still cost you a considerable amount of money. Here are some means to help you finance your training:
Scholarships are an ideal means to finance your CNA training. They do not require repayment in the form of money. There are different types of scholarships to choose from: book and uniform allowances, stipends, partial and full scholarship awards. They are usually awarded according to the academic merit, the leadership and community contributions, and the financial necessity of the applicant. CNA scholarships may be awarded by the school, the government, private individuals, foundations, hospitals, and other health care companies. Most CNA scholarships have a GPA/credit requirement which should be maintained by the student to continue benefitting from the scholarship.
A grant is also a form of free money presented to students and used to fund their education, an academic project or other related endeavors. Similar to a scholarship, it also need not be repaid after studying. In general, recipients are evaluated according to the applicant’s proposal and needs.
Depending on the type of grant applied for, the student must send a proposal or a request for financial help to the donor. The money is essentially the beneficiary’s after receiving it. For project-based and research grants however, the recipient is generally expected to report the progress of their project to their benefactor. Though CNA grants are generally awarded by the health and education departments of the government, one can find grants offered by some private organizations as well.
Even though there are a number of CNA scholarships and grants available out there, they can never be enough of them to help everyone in need to enroll in CNA training. Student loans are for students who do not qualify for CNA scholarships and grants.
Student loans are available from CNA training school, private banks, and the government. These loans must be paid with interest within the specified period of time, usually upon completion of training, to avoid penalties and additional interest. Student loans are more favorable than private loans as they are charged with minimal interests.
Some companies and hospitals tie up with CNA training schools; hence, allowing employees to complete certification programs while they work. Some employers help employees with the cost of their CNA certification training for a service contract in return. Keep in mind that if you would have to pay for the training costs if you quit your job before the contract is over.
Health care needs never disappear. Indeed, health care professionals such as Certified Nursing Assistants remain in demand globally until now, but the rising cost of training denies the less privileged of their desire to become health care professionals. Fortunately, a lot of companies and organizations today provide scholarships, grants, and other means to help students fund their CNA training.