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Nurse Faculty Loan Program (NFLP)

Published on AidPage by IDILOGIC on Jun 24, 2005

Administered by:

Purpose of this program:

The Secretary of HHS, acting through the Administrator of the Health Resources and Services Administration, enters into an agreement with schools of nursing for the establishment and operation of a student loan fund to increase the number of qualified nursing faculty. Institutions provide loans to pursue a course of study in eligible advanced degree nursing programs with an education component. Loan recipients who complete the nursing education program may cancel up to 85% of the loan in exchange for service as full-time nurse faculty in a school of nursing.