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 cancellation in exchange for fulltime nurse faculty service.
The NFLP will: support training of advanced education nursing students who will serve as nurse faculty upon graduation; decrease the financial barrier of serving as nurse faculty; and expand clinical training capacity by increasing access to nurse faculty.
Awardees will:
• Disburse and oversee loans to students enrolled in advanced nurse education training programs who will serve as nurse faculty upon graduation
• Provide up to 85 percent loan cancellation (plus interest) of the original loan amount upon completion of up to four years of full- time nurse faculty employment after graduation
• Conduct an active training program to increase competence and prepare students to serve as nurse faculty
• Recruit eligible registered nurses
• Connect graduating students with nurse faculty employment resources and opportunities, including in rural, urban, and tribal underserved areas.
For a complete list of program requirements and expectations, see pages 6-9 of the Notice of Funding Opportunity.
WHO DOES IT SERVE
Nursing schools, faculty, and students, all of which are needed to train a nursing workforce to meet U.S. health care needs.
AWARD INFORMATION
• $26.5 million for up to 90 awards
• One-year period of performance (July 1, 2024 - June 30, 2025)
WHO CAN APPLY
• Accredited schools of nursing with advanced education nursing programs
• Community-based organizations, tribes and tribal organizations, if otherwise eligible Individuals and foreign entities are not eligible to apply.
HOW TO APPLY
View the Nurse Faculty Loan Program (NFLP) information on Grants.gov.
Applications are due by February 5, 2024.
Visit the Nurse Faculty Loan Program (NFLP) web page for details about the technical assistance webinar.
