Nursing Faculty Loan Program (NFLP)

Research Focus & Contribution

The NFLP addresses the critical shortage of qualified nursing faculty by combining financial support with workforce incentives. The program provides low-interest loans to students pursuing nursing faculty careers, coupled with substantial loan forgiveness for graduates who enter full-time academic positions. This dual mechanism targets the pipeline problem in nursing education: expanding the supply of educators needed to train the next generation of nurses and Advanced Practice Registered Nurses (APRNs). The program recognizes academic-practice partnerships as a key delivery model, including roles where APRNs serve as full-time preceptors in clinical-academic settings.

At-a-Glance

• Who can apply: Students pursuing nursing faculty careers; APRNs entering full-time preceptor roles in academic-practice partnerships
• Funding & project length: Low-interest loans with up to 85% cancellation for up to four years of full-time faculty work
• Award / mechanism: Loan program with forgiveness component
• Key dates: Not stated
• Best fit for: Nursing education and workforce development; candidates committed to academic nursing roles