The Nurse Faculty Loan Program (NFLP) is designed to boost the number of nursing faculty by offering low-interest loans to students who want to become nurse educators. If these students graduate and work full-time as nursing faculty, they can have up to 85% of their loan canceled over four years. This includes Advanced Practice Registered Nurses (APRNs) who serve as preceptors in academic-practice partnerships.
Who it's for: This grant is for organizations like state and local governments, for-profit and nonprofit organizations, public and private higher education institutions, and Native American tribal organizations that want to support students in becoming nurse faculty.
More details
Likely Disqualifiers
- Not being an eligible type of organization
- Failure to demonstrate the ability to manage loan programs
- Lack of cost-sharing or matching funds
- Incomplete application submission
- Not adhering to the application deadline
What You May Need
- Proof of eligibility as an organization
- Detailed project proposal
- Budget plan including cost-sharing details
- Documentation of ability to manage loans
- Organizational financial statements
- Letters of support or partnership agreements
- Completed application forms
- Proof of nonprofit status (if applicable)
- Tribal government documentation (if applicable)
Cautions
- Requires cost-sharing or matching funds
- Strict adherence to application deadline is necessary
- Loan cancellation is contingent on employment as faculty
Generated from official source details for readability
Eligibility
Eligible Applicant Types
Additional Criteria
Eligible applicants include state governments, city or township governments, county governments, for-profit organizations, public and state institutions of higher education, nonprofits with or without 501(c)(3) status, federally recognized Indian tribal governments, other Native American tribal organizations, special district governments, and private institutions of higher education. Essentially, a wide range of governmental, educational, and nonprofit entities can apply.
Overview
This grant is for organizations like state and local governments, for-profit and nonprofit organizations, public and private higher education institutions, and Native American tribal organizations that want to support students in becoming nurse faculty.
Likely Disqualifiers
- Not being an eligible type of organization
- Failure to demonstrate the ability to manage loan programs
- Lack of cost-sharing or matching funds
- Incomplete application submission
- Not adhering to the application deadline
Use of Funds
The funds can be used to provide low-interest loans to students pursuing careers as nurse faculty. These loans can be partially canceled if graduates work full-time as nurse faculty.
Total Program Funding
$25,600,000
Expected Awards
80
Cost Sharing
Required
Important Dates
- Posted
- Jun 8, 2026
- Deadline
- Jul 10, 2026(27 days)
- Archive Date
- Sep 1, 2026
Application Checklist
- Verify organizational eligibility
- Prepare a detailed project proposal
- Develop a budget with cost-sharing details
- Gather documentation of loan management capability
- Compile financial statements
- Obtain letters of support or partnership agreements
- Complete all required application forms
- Provide proof of nonprofit status if applicable
- Submit tribal government documentation if applicable