Nurse Faculty Loan Program (NFLP)
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
AI Contract Overview
The Nurse Faculty Loan Program (NFLP) aims to address the shortage of qualified nursing faculty across the United States by offering financial support to students pursuing careers as nurse educators. The program provides low-interest loans to nursing students dedicated to becoming faculty members, with a substantial loan cancellation benefit for those who commit to full-time faculty roles after graduation. Specifically, graduates who work full-time as nurse faculty, including Advanced Practice Registered Nurses serving as preceptors in academic-practice partnerships, may be eligible to have up to 85 percent of their student loan principal and interest canceled over a period of up to four years. Administered by the Health Resources and Services Administration under the Department of Health and Human Services, the NFLP is designed to encourage advanced nursing professionals to enter academia and help alleviate the critical faculty shortage. Interested individuals can reach out to the program’s point of contact, Nawall Kertache, for more information. The program fosters the development of skilled nursing educators who are essential for training future generations of nurses, thereby supporting the broader healthcare system’s workforce needs.
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Full 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.
