Nurse Faculty Loan Program (NFLP)
ID: 355774Type: Posted
Overview

Buyer

Health Resources and Services Administration (HHS-HRSA)

Award Range

$0 - $0

Eligible Applicants

Others

Funding Category

Health

Funding Instrument

Grant

Opportunity Category

Discretionary

Cost Sharing or Matching Requirement

Yes
Timeline
  1. 1
    Forecast Posted Not available
  2. 2
    Forecast Due Not available
  3. 3
    Posted Nov 26, 2024, 12:00 AM UTC
  4. 4
    Due Feb 24, 2025, 12:00 AM UTC
Description

The Health Resources and Services Administration (HRSA) is offering the Nurse Faculty Loan Program (NFLP), aimed at increasing the number of qualified nursing faculty across the United States. This program provides low-interest loans to students enrolled in advanced nursing education programs, with the potential for loan cancellation for those who subsequently work as nurse faculty. The NFLP addresses the critical shortage of nursing educators, particularly in underserved areas, by facilitating financial support for aspiring faculty members. The total estimated funding for this initiative is $25.6 million, with an expected 80 grants available, each potentially reaching a maximum of $2 million. Interested applicants, including accredited nursing schools and various educational institutions, must submit their applications by February 24, 2025, and can direct inquiries to Nawall Kertache at nflp@hrsa.gov.

Point(s) of Contact
Files
Title
Posted
Nov 27, 2024, 12:50 PM UTC
The Nurse Faculty Loan Program (NFLP), under Opportunity number HRSA-25-070, aims to address the shortage of qualified nursing faculty in the U.S. It provides low-interest loans to students in advanced nursing education programs and allows for loan cancellation for those who work as nurse faculty post-graduation. The application deadline is February 24, 2025, with a total expected funding of $25.6 million, supporting up to 80 grants of a maximum of $2 million each. Eligible applicants include accredited nursing schools, public and private higher education institutions, non-profits, tribal organizations, and various government entities. Beneficiaries must be U.S. citizens or lawfully admitted immigrants enrolled in qualifying nursing programs. The program emphasizes collaboration between institutions to recruit diverse student populations and enhance post-graduation employment opportunities, particularly in underserved areas. Awardees must meet specific operational requirements, maintain a loan fund, provide compliance monitoring, and report metrics for program effectiveness. With a focus on increasing the supply of nursing faculty and ensuring sustainability, the NFLP highlights the critical need for qualified professionals in the nursing education landscape, while addressing financial barriers faced by aspiring faculty.
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