93.264: Nurse Faculty Loan Program (NFLP)
Alternate Name: NFLP
Overview
Program Number
93.264
Status
Active
Last Modified
Aug. 25, 2022
Date Posted
Aug. 25, 2022
Objective
The purpose of the NFLP program is to increase the number of qualified nursing faculty nationwide. NFLP seeks to accomplish this by providing funding to accredited schools of nursing to establish and operate a student loan fund and provide loans to students enrolled in advanced education nursing degree programs who are committed to becoming nurse faculty. In exchange for completion of up to four years of post-graduation full-time nurse faculty employment in an accredited school of nursing, the program authorizes cancelation of up to 85 percent of any such student loan (plus interest thereon).
Type of Assistance
A - Formula Grants
Applicant Eligibility
Eligible applicants are accredited public or private collegiate schools of nursing or departments within an academic institution, that offer graduate degree nursing education programs (master's or doctoral) that will prepare the graduate student to serve as nurse faculty. The school must be located in the 50 States, the Commonwealth of Puerto Rico, the District of Columbia, the Commonwealth of the Northern Mariana Islands, Guam, American Samoa, the U.S. Virgin Islands, the Republic of the Marshall Islands, the Federated States of Micronesia, or the Republic of Palau. Funding priority is given to applicants with doctoral-level advanced degree nursing programs.
Beneficiary Eligibility
Eligible nursing students must: (1) be a citizen or national of the United States, or a lawful permanent resident of the United States, the Commonwealth of Puerto Rico, the District of Columbia, the Commonwealth of the Northern Mariana Islands, Guam, American Samoa, the U.S. Virgin Islands, the Republic of the Marshall Islands, the Federated States of Micronesia, or the Republic of Palau; (2) be enrolled in an advanced degree program in nursing to become qualified nursing faculty; (3) not be in default on a Federal debt; and (4) maintain good academic standing.
Additional Information
Federal Award Analysis
Nurse Faculty Loan Program (NFLP) grant spending
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Contracts
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Subcontracts
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Grants
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Subgrants
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Grant Awards
Nurse Faculty Loan Program (NFLP) direct grants
Grant Opportunities