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Nursing Student Loans

Program Information

Popular name

NSL

Program Number

93.364

Program objective

To increase educational opportunities by providing long-term, low-interest loans to students in need of financial assistance and in pursuit of a course of study in an approved nursing program.

Program expenditures, by FY (2023 - 2025)

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.

Additional program information

  1. 2021

    In FY 2021, the Health Careers Loans and Scholarship allocated $9,426,000 to 87 eligible schools. A program-specific webinar was conducted with all grantees focused on marketing and updates on program-specific guidance, which resulted in a 10 percent increase in loans to students. Individual awards ranged from $2,000 to $4,800. The NSL program increased by 13 new recipients.

  2. 2022

    In FY 2022, the Health Careers Loans and Scholarship allocated $14,580,000 to 32 eligible schools. A program-specific webinar was conducted with all grantees focused on marketing and updates on program-specific guidance. The NSL program increased by 18 new recipients.

  3. 2024

    In FY 20224, the Health Careers Loans and Scholarship allocated $5,994,090 to 41 eligible schools. A program-specific webinar was conducted with all grantees focused on marketing and updates on program-specific guidance. The NSL program awarded 8 new recipients.

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.

All administrative and audit requirements and the cost principles that govern Federal monies associated with this activity will be subject to the Uniform Guidance 2 CFR 200 as codified by HHS at 45 CFR 75. HRSA awards are also subject to the requirements of the HHS Grants Policy Statement (HHS GPS) that are applicable based on recipient type and purpose of award. The HHS GPS is available at https://www.hhs.gov/sites/default/files/hhs-grants-policy-statement-october-2024.pdf.

  1. Public Health Service Act, Section 835-842.
  2. Health Professions Education Partnership Act of 1998, Public Law 105-392.
  3. 42 U.S.C. U.S.C. § 297a-i, as amended.