Nurse Faculty Loan Program (NFLP)

The Nurse Faculty Loan Program (NFLP) provides students with loans of up to $35,000 per academic year for a maximum of three years.

The NFLP loan will be released as a fee offset distributed equally in three quarters. The program offers partial loan forgiveness for borrowers that graduate and serve as full-time nursing faculty nine months after their graduation. The loan recipients may cancel 85% of the loan over four years in return for serving full time as faculty in any accredited school of nursing.

All currently enrolled PhD, Post-Master's Entry to the DNP and BSN Entry to the DNP nursing students are eligible to apply if they are committed to a faculty role, in good academic standing, are U.S. citizens or permanent residents, and not in default on any prior student loans. Priority will be given to:

  • Full-time PhD, Post-Master's Entry to DNP and BSN Entry to DNP students
  • Students who have completed their first year in the PhD, Post-Master's Entry to DNP and BSN Entry to DNP programs
  • Students who do not have full funding from other sources

The NFLP does not support postdoctoral nursing programs (i.e. fellowships). The NFLP recipients who graduate and participate in postdoctoral programs may request deferment of payment. Those who fail to become faculty members within nine months of graduation or take a leave from school must repay the loan at the prevailing interest rate.

Each year, the NFLP loan is dependent on the availability of funds. If NFLP is available for academic year 2025-2026, this webpage will be updated with application details in July 2025.

How to Apply:

  • Deadline to be determined.
  • Please read the NFLP Important Overview and Guidelines document first. You may also review our FAQs
  • Complete your FAFSA. (Need is not a criterion but is part of the federal approval process for this loan program.)
  • Submit the NFLP application form to [email protected] and include as the subject line: NFLP Application.