Nurse Faculty Loan Program (NFLP)

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This announcement solicits applications for the Nurse Faculty Loan Program (NFLP).  The purpose of this program is to increase the number of qualified nursing faculty by providing funding to accredited schools of nursing.  The NFLP is a loan forgiveness program designed to prepare and train qualified nurse educators to fill faculty vacancies and increase the number of trained nurses entering the workforce.  This goal is accomplished by supporting schools of nursing that prepare students to serve as nurse faculty.  Schools (herein referenced as institutions) are required to recruit, train and retain students  in select nursing degree programs of study that uniquely qualify them to become nurse faculty; to create, implement, and maintain effective strategies that assist graduates in obtaining full-time faculty employment; and to create and manage a loan forgiveness program with a revolving loan fund component.  Improved placement of graduates in full-time faculty positions will reduce nurse faculty vacancy rates, which positively impacts nursing workforce supply.

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