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NFLP
93.264
The Nurse Faculty Loan Program (NFLP) seeks to increase the number of qualified nursing faculty nationwide by providing low interest loans for individuals studying to be nurse faculty and loan cancelation for those who then go on to work as faculty. A robust, geographically dispersed nurse faculty workforce is essential to producing the nursing workforce needed to meet US health care needs. Successful applicants establish and operate a student loan program including maintaining a fund, providing loans to students enrolled in advanced education nursing degree programs, and monitoring compliance with program requirements. In exchange for completion of up to four years of post-graduation full-time nurse faculty employment in an accredited school of nursing, graduates receive cancellation of up to 85 percent of the original student loan amount (plus interest thereon) as authorized by the program. NFLP also encourages Advance Practice Registered Nurses (APRNs) to serve as full-time preceptors within an academic-practice partnership framework in an effort to expand clinical training opportunities for nursing students.
This chart shows obligations for the program by fiscal year. All data for this chart was provided by the
administering agency and sourced from SAM.gov, USASpending.gov, and Treasury.gov.
For more information on each of these data sources, please see the
About the data page.
In Academic Year 2017-2018, 80 schools received new NFLP awards. Awardees supported 2,172 nursing students pursuing graduate level degrees as nurse faculty. This outcome is slightly below the FY 2017 target of 2,200 students, primarily as a result of an increased focus on training doctoral students who are not as vast in number as master’s students. In addition, with increasing tuition costs across schools, fewer individual awards are being made. The majority of students (84 percent) who received loans during the academic year were pursuing doctoral-level nursing degrees (e.g., PhD, DNP, DNSc/DNS, or EdD). By the end of the Academic Year, 800 trainees graduated, 94 percent of whom intended to teach nursing
In Academic Year 2019-2020, 45 schools received new NFLP awards. Awardees supported 2,270 nursing students pursuing graduate level degrees as nurse faculty. By the end of the Academic Year, 659 trainees graduated, 89 percent of whom intended to teach nursing.
In Academic Year 2020-2021, awardees supported 2,763 nursing students pursuing graduate level degrees with the intent of serving as nurse faculty. Twenty-four percent of trainees were underrepresented minorities and 24 percent came from disadvantaged backgrounds. By the end of the Academic Year, the programs graduated 779 trainees, 92 percent of whom intended to teach nursing. One year after graduation, seventy-four percent of prior year graduates were teaching in faculty appointments. The NFLP program provided loans to 2,763 graduate-level nursing students, exceeding the FY 2020 target of 1,900 loans provided.
In Academic Year 2021-2022, awardees supported 2,806 nursing students pursuing graduate level degrees with the intent of serving as nurse faculty. Twenty-six percent of trainees were underrepresented minorities, twenty four percent came from disadvantaged background and twenty two percent from rural background. By the end of the Academic Year, the program graduated 837 trainees, eighty seven percent of whom intended to teach nursing. One year after graduation, sixty five percent of prior year graduates were teaching in faculty appointments. The NFLP program provided loans to 2,806 graduate-level nursing students, exceeding the FY 2021 target of 2,300 loans provided.
In Academic Year 2022-2023, awardees supported 2,746 nursing students pursuing graduate level degrees with the intent of serving as nurse faculty. Twenty seven percent of trainees were underrepresented minorities, twenty five percent came from disadvantaged background and twenty three percent from rural background. By the end of the Academic Year, the program graduated 924 trainees, eighty seven percent of whom intended to teach nursing. One year after graduation, sixty one percent of prior year graduates were teaching in faculty appointments. The NFLP program provided loans to 2,746 graduate-level nursing students, exceeding the FY 2022 target of 2,300 loans provided.
Single Audit Applies (2 CFR Part 200 Subpart F):
For additional information on single audit requirements for this program, review the current Compliance Supplement.
OMB is working with the U.S. Government Accountability Office (GAO) and agency offices of inspectors general to include links to relevant oversight reports. This section will be updated once this information is made available.
