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Nurse Faculty Loan Program (NFLP)

$236,382,659

Total Assistance, FY 2008 to Present
Agency: HEALTH RESOURCES AND SERVICES ADMINISTRATION, HEALTH AND HUMAN SERVICES, DEPARTMENT OF
Assistance Type: FORMULA GRANTS
Popular Name: NFLP
CFDA Number
93.264

Objectives: 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).

 
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