Nurse Faculty Loan Program (NFLP)
HRSA Nurse Faculty Loan Program General Information
Purpose: The purpose of the Nurse Faculty Loan Program (NFLP) is to increase the number of qualified nursing faculty by providing funding to accredited schools of nursing to offer loans to students in graduate education nursing degree programs who are committed to become nurse faculty.
Eligibility Requirements: Eligible borrowers must be:
● Enrolled full-time or part-time in an advanced education nursing degree program;
● In good academic standing (as determined by the institution), and;
● A citizen of the United States, a non-citizen national, or a foreign national having in his/her possession a visa permitting permanent residence in the United States, the District of Columbia, Guam, the Commonwealth of Puerto Rico, the Northern Mariana Islands, American Samoa, the U.S. Virgin Islands, the Federated States of Micronesia, the Republic of the Marshall Islands, and the Republic of Palau.
- The loans are to cover the cost of tuition and fees only.
NFLP borrowers are not eligible to receive NFLP loan support beyond the maximum five years.
- Funds are subject to availability and the borrower must maintain good academic standing.
NFLP borrowers may receive support from other federal programs, in addition to NFLP support, if the funds are not used to cover the same costs during the same academic year.
Leave of Absence from Program: Institutions may approve and grant a temporary leave of absence to borrowers of NFLP loan funds according to their internal student enrollment and leave policies, upon a determination that there is a reasonable expectation that the borrower will return to the institution. Students who do not return from a leave of absence will enter repayment status according to institutional policies. An approved Leave of Absence should not be considered a breach of the NFLP Promissory Note by the borrower.
Ceasing NFLP Loan Disbursements:
CONHI will cease disbursements of NFLP Loan Funds to Borrowers in situations including: ● Withdrawal from the institution/course of study
● Failure to meet the academic standards of the institution
● Request to terminate NFLP participation
● Maximum of five years of NFLP loan support