Nurse Faculty Loan Program (NFLP)

Description

The NFLP seeks to increase the number of qualified nursing faculty nationwide by providing:Low-interest loans for students studying to be nurse faculty. Loan cancelation for graduates who go on to work as faculty. NFLP graduates can have up to 85 percent of their student loan and interest canceled if they work full-time as nurse faculty for up to four years. This includes Advanced Practice Registered Nurses (APRNs) who work full-time as preceptors in academic-practice partnerships.

Official source

Beneficiarios elegibles

• State governments
• Public and State controlled institutions of higher education
• Native American tribal governments (Federally recognized)
• City or township governments
• Native American tribal organizations (other than Federally recognized tribal governments)
• Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
• Special district governments
• Others (see text field entitled "Additional Information on Eligibility" for clarification)
• Private institutions of higher education
• County governments
• For profit organizations other than small businesses
• Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education