The Nurse Faculty Loan Program offers low-interest loans to students preparing to become nurse faculty and provides loan cancellation benefits for graduates who work full-time as nurse faculty for up to four years. This includes Advanced Practice Registered Nurses serving as preceptors in academic-practice partnerships. The program aims to increase qualified nursing faculty nationwide by reducing financial barriers.
Eligible applicants include a wide range of institutions such as private and public higher education institutions, tribal governments and organizations, city and county governments, state governments, nonprofits, and certain for-profit organizations.
