Opportunity Information: Apply for HRSA 23 006
The Nurse Faculty Loan Program (NFLP) is a federal grant program run by the Health Resources and Services Administration (HRSA) within the US Department of Health and Human Services. Its main purpose is to address the nationwide shortage of nursing faculty by helping schools of nursing finance low-interest loans for students pursuing advanced nursing education with the intent to become faculty members. The underlying idea is straightforward: if more nurses can afford graduate and doctoral education and then move into teaching roles, nursing schools can expand enrollment and produce more nurses overall, which supports the broader health care workforce.
Under this opportunity, the entities that apply for funding are not individual students. Instead, awards go to eligible institutions (generally schools of nursing or similar organizations specified by HRSA guidance) that agree to set up and operate an NFLP student loan fund. Successful applicants are responsible for creating and maintaining a distinct loan fund account, putting proper fiscal controls in place, and managing the program end-to-end. That includes disbursing loans to students enrolled in accredited or approved advanced nursing degree programs (with an emphasis on preparing nurse educators and a particular focus on doctorate preparation), tracking borrowers after graduation, and ensuring all program rules are followed. In practice, the funded school becomes the administrator of a revolving loan program: it lends to eligible students, collects repayments when required, applies loan cancellations when graduates meet service requirements, and reports accurate financial and program data to demonstrate compliance and results.
The key incentive that makes NFLP attractive to students is the loan cancellation benefit tied to faculty service. Graduates can receive cancellation of up to 85 percent of the original loan amount plus interest if they complete up to four years of full-time employment as nurse faculty in an accredited school of nursing after graduation. The cancellation is structured to reward continued service over time: 20 percent of the original principal (and the interest on the unpaid balance) can be canceled after each of the first, second, and third years of full-time faculty employment, and 25 percent (plus associated interest on the remaining unpaid balance) can be canceled after the fourth year. This structure is intended to reduce the financial downside of choosing academic employment, which often pays less than many clinical roles, and to encourage retention in faculty positions long enough to make a real impact on student capacity.
Beyond increasing the number of instructors, the program also aims to expand clinical training capacity. NFLP explicitly encourages the use of Advanced Practice Registered Nurses (APRNs) in roles such as full-time preceptors within academic-practice partnerships. This reflects a practical bottleneck in nursing education: even when schools have classroom faculty, programs can be limited by the availability of quality clinical placements and qualified preceptors. By promoting joint faculty or designated preceptor models, the program seeks to open more clinical training opportunities for nursing students and strengthen ties between academic programs and health care delivery sites.
In summary, the NFLP is designed to expand the nation’s ability to educate nurses by building a larger, well-prepared, geographically distributed nurse faculty workforce, lowering financial barriers for graduates who choose faculty careers through substantial loan cancellation, and supporting stronger clinical training pipelines through academic-practice partnerships and APRN precepting. The specific opportunity referenced is HRSA Funding Opportunity Number HRSA-23-006 (CFDA 93.264), categorized as a discretionary grant in the health area, with an expected 80 awards and an original closing date of May 1, 2023.Apply for HRSA 23 006
- The Department of Health and Human Services, Health Resources and Services Administration in the health sector is offering a public funding opportunity titled "Nurse Faculty Loan Program" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 93.264.
- This funding opportunity was created on Feb 28, 2023.
- Applicants must submit their applications by May 01, 2023. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- The number of recipients for this funding is limited to 80 candidate(s).
- Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
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Frequently Asked Questions (FAQ)
What is the Nurse Faculty Loan Program (NFLP)?
The Nurse Faculty Loan Program (NFLP) is a federal grant program run by the Health Resources and Services Administration (HRSA) within the U.S. Department of Health and Human Services. It is designed to help address the nationwide shortage of nursing faculty by supporting schools of nursing that finance low-interest loans for students pursuing advanced nursing education with the intent to become nurse faculty.
What problem is the NFLP intended to solve?
The NFLP is intended to expand the nation’s nursing education capacity by increasing the supply of well-prepared nursing faculty. The program’s premise is that enabling more nurses to pursue graduate and doctoral education and then move into teaching roles allows nursing schools to expand enrollment and graduate more nurses, strengthening the broader health care workforce.
Who applies for NFLP funding: students or institutions?
Institutions apply for NFLP funding, not individual students. HRSA awards funds to eligible institutions (generally schools of nursing or other eligible organizations as specified by HRSA guidance) that agree to establish and operate an NFLP student loan fund.
What does an institution receive through an NFLP award?
A successful applicant receives grant support to set up and operate a revolving student loan fund under the NFLP framework. The funded school acts as the program administrator, using the fund to make loans to eligible students and managing repayment, cancellation, and reporting responsibilities.
What is a revolving loan fund in the NFLP context?
In practice, the funded school operates a revolving loan program: it disburses loans to eligible students, collects repayments when required, applies loan cancellations for borrowers who meet faculty service requirements, and maintains accurate program and financial reporting to demonstrate compliance and results.
What responsibilities do funded schools have under the NFLP?
Funded schools are responsible for creating and maintaining a distinct loan fund account, implementing appropriate fiscal controls, administering loans end-to-end, tracking borrowers after graduation, applying cancellations when graduates meet the service requirements, and ensuring all program rules are followed. They must also report accurate financial and program data to show compliance and outcomes.
What types of students can receive NFLP loans from a funded school?
Loans are intended for students enrolled in accredited or approved advanced nursing degree programs, with emphasis on preparing nurse educators and a particular focus on doctorate preparation. The funded school disburses loans to eligible students under the program rules it administers.
What is the main student incentive within the NFLP?
The key incentive for students is a substantial loan cancellation benefit tied to faculty service. Graduates can receive cancellation of up to 85 percent of the original loan amount plus interest by completing up to four years of full-time employment as nurse faculty in an accredited school of nursing after graduation.
How much of the loan can be canceled through faculty service?
Up to 85 percent of the original loan amount plus interest can be canceled if the graduate completes up to four years of full-time nurse faculty employment in an accredited school of nursing after graduation.
How is the NFLP loan cancellation structured across the service years?
The cancellation is structured to encourage continued service over time. After each of the first, second, and third years of full-time faculty employment, 20 percent of the original principal (and interest on the unpaid balance) can be canceled. After the fourth year, 25 percent (plus associated interest on the remaining unpaid balance) can be canceled.
Where must a graduate work to qualify for NFLP loan cancellation?
To qualify for the cancellation benefit described, graduates must complete full-time employment as nurse faculty in an accredited school of nursing after graduation.
Why does the NFLP emphasize loan cancellation for faculty service?
The cancellation benefit is designed to reduce the financial downside of choosing academic employment, which often pays less than many clinical roles, and to encourage retention in faculty positions long enough to increase nursing program capacity in a sustained way.
How does the NFLP support clinical training capacity, not just classroom instruction?
Beyond increasing the number of instructors, the NFLP aims to expand clinical training capacity by explicitly encouraging the use of Advanced Practice Registered Nurses (APRNs) in roles such as full-time preceptors within academic-practice partnerships. This focus addresses a common bottleneck in nursing education: limited availability of clinical placements and qualified preceptors.
What is meant by academic-practice partnerships in this opportunity?
Academic-practice partnerships refer to arrangements that strengthen ties between academic nursing programs and health care delivery sites. The opportunity highlights models such as joint faculty or designated preceptor roles, which can help open additional clinical training opportunities for nursing students.
What role do APRNs play under the NFLP approach described?
NFLP encourages the use of APRNs as full-time preceptors within academic-practice partnerships. This is intended to help increase access to quality clinical training opportunities for nursing students and to support stronger clinical training pipelines.
What is the overall goal of the NFLP, in summary?
The NFLP is designed to expand the nation’s ability to educate nurses by building a larger, well-prepared, geographically distributed nurse faculty workforce, lowering financial barriers for graduates who choose faculty careers through substantial loan cancellation, and supporting stronger clinical training pipelines through academic-practice partnerships and APRN precepting.
What is the HRSA Funding Opportunity Number (FON) for this grant?
The specific opportunity referenced is HRSA Funding Opportunity Number HRSA-23-006.
What is the CFDA number associated with this opportunity?
The opportunity is associated with CFDA 93.264.
How is this grant categorized?
This opportunity is categorized as a discretionary grant in the health area.
How many awards were expected for this opportunity?
The opportunity indicated an expectation of 80 awards.
What was the original closing date for HRSA-23-006?
The original closing date listed for this opportunity was May 1, 2023.
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