Service | Source | Final Application Due Date | Funding Available | Match Required |
---|---|---|---|---|
Health Care |
Federal
HHS |
02-19-2025 | $26.5 M | No Match Required |
93.264 -- Nurse Faculty Loan Program (NFLP)
The Nurse Faculty Loan Program (NFLP) seeks to increase the number of qualified nursing faculty nationwide by providing low interest loans for individuals studying to be nurse faculty and loan cancelation for those then go on to work as faculty. In exchange for completion of up to four years of post-graduation full-time nurse faculty employment in an accredited school of nursing, graduates receive cancellation of up to 85 percent of the original student loan amount (plus interest thereon) as authorized by the program. NFLP also encourages Advance Practice Registered Nurses (APRNs) to serve as full-time preceptors within an academic-practice partnership framework to expand clinical training opportunities for nursing students.
Eligible applicants are domestic accredited schools of nursing with advanced education nursing programs. Any school(s) of nursing must be accredited at the time of application and for the duration of the award by a recognized body or bodies, or a state agency, approved by the Secretary of Education for nurse education accreditation. Tribes and Tribal organizations may apply for these funds, if otherwise eligible.
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