The purpose of this qualitative hermeneutical phenomenological study was to explore the lived experiences of nursing program students with grant funding investment in a nursing, allied, and physical health program at a rural community college in Western New York. This rural institution is a member institution of the State University of New York system. The research was guided by the underlying central research question, "What are the perceptions of lived learning experiences made possible through grant funding investment of nursing program students at a rural community college?" Three different data collection methods were used in interviews, a focus group, and documents. The perception of grant investment efficacy was defined through perceptions of experiential learning of program students as having resulted from grant funding investment. Guided by the work of van Manen, a hermeneutical phenomenology design framed the study, while Astin's student involvement theory was utilized as a theoretical framework for the research and subsequent findings. [The dissertation citations contained here are published with the permission of ProQuest LLC. Further reproduction is prohibited without permission. Copies of dissertations may be obtained by Telephone (800) 1-800-521-0600. Web page: http://bibliotheek.ehb.be:2222/en-US/products/dissertations/individuals.shtml.]