Opportunity Information: Apply for HRSA 14 072
Apply for HRSA 14 072
- The Health Resources and Services Administration in the health sector is offering a public funding opportunity titled "Nurse Faculty Loan Program (NFLP)" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 93.264 Nurse Faculty Loan Program (NFLP).
- This funding opportunity was created on Dec 30, 2013 and posted on Dec 30, 2013.
- Applicants must submit their applications by Feb 3, 2014. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- The funding agency has allocated a total of $22,500,000.00 to eligible and selected applicants.
- The number of recipients for this funding is limited to 110 candidate(s).
- Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
- Eligible applicants are accredited schools of nursing or a department within the institution that offers an eligible advanced nursing education program yielding a graduate degree in nursing.
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Opportunity Summary:
The Nurse Faculty Loan Program (NFLP) is a federal grant opportunity run by the U.S. Department of Health and Human Services (HHS) through the Health Resources and Services Administration (HRSA) with the goal of increasing the supply of qualified nursing faculty. The basic idea is to help schools of nursing finance a dedicated student loan program for registered nurses who are pursuing graduate nursing education specifically aimed at preparing them to teach. By expanding financial support for future educators, the program is designed to address faculty shortages that can limit nursing school enrollment and, ultimately, the nursing workforce pipeline.
Under the NFLP, HRSA awards participating schools of nursing a Federal Capital Contribution (FCC). The school must use this FCC to establish and operate a separate, interest-bearing account called the NFLP fund. This fund is not a general scholarship pool; it is a distinct loan fund that the school manages for the purpose of issuing loans to eligible nursing students. A key requirement is cost sharing by the institution: the school must provide an Institutional Capital Contribution (ICC) of at least one-ninth of the federal contribution. That institutional match becomes part of the same loan fund, increasing the pool of money available to support borrowers.
Eligible applicants are accredited schools of nursing (or a department within an institution) that offer an eligible advanced nursing education program resulting in a graduate degree in nursing. To participate, the school must offer educator-focused coursework within its advanced nursing degree program(s) so that graduates are prepared to teach. In other words, the program is not meant to support any and all graduate nursing study; it is aimed at advanced education that includes preparation for the faculty role.
Once funded, schools issue NFLP loans to eligible students enrolled in an advanced degree nursing program. Students generally must be pursuing a full-time course of study, although part-time study may be permitted at the Secretarys discretion as described in the full program guidance. Loan amounts can be up to $35,500 per academic year, for up to five years, and may be used for legitimate education-related costs such as tuition and fees, books, laboratory expenses, and other reasonable educational expenses tied to completing the program.
A central feature of the NFLP is its service-based loan cancellation structure, which is what makes the program especially attractive to borrowers who intend to become faculty. After graduation, a borrower can receive cancellation of up to 85 percent of the loan principal and interest in exchange for serving as full-time nursing faculty at an accredited school of nursing for a prescribed period. The cancellation is staged over four years of qualifying employment: 20 percent may be canceled after each of the first three years of full-time faculty service (totaling 60 percent after year three), and an additional 25 percent may be canceled after completing the fourth year, bringing the total possible cancellation to 85 percent. During this cancellation period, repayment on the remaining 15 percent is postponed rather than immediately due, which helps borrowers stay financially stable while they build their careers in academia.
NFLP loans accrue interest at a fixed rate of three percent per year for borrowers who establish employment as nurse faculty, as specified in the governing statute (Public Health Service Act, Section 846A(c)(6)(A)). From an operational standpoint, the school is responsible for administering the loans, monitoring compliance, and applying cancellations based on verified service as full-time faculty.
The opportunity includes a funding priority that favors applications where the schools NFLP student loan support includes doctoral nursing students. This reflects the programs focus on strengthening the pipeline for faculty roles that often require, or strongly prefer, doctoral preparation.
For this specific announcement (Funding Opportunity Number HRSA-14-072), HRSA anticipated making about 110 awards with an estimated total funding level of $22.5 million. The opportunity is categorized as a discretionary grant under the health funding activity area and is listed under CFDA 93.264 (Nurse Faculty Loan Program). It also includes a cost-sharing or matching requirement due to the required ICC. The posting date was December 30, 2013, with a closing date of February 3, 2014, and an archive date of March 11, 2014. For applicant support, HRSA directed questions to the HRSA Grants Application Center and the HRSA Call Center (CallCenter@HRSA.GOV; 877-464-4772), with a mailing address in Gaithersburg, Maryland.
Nurse Faculty Loan Program (NFLP) FAQs
What is the Nurse Faculty Loan Program (NFLP)?
The Nurse Faculty Loan Program (NFLP) is a federal grant opportunity administered by the U.S. Department of Health and Human Services (HHS) through the Health Resources and Services Administration (HRSA). Its purpose is to increase the supply of qualified nursing faculty by helping participating schools of nursing finance a dedicated student loan fund for registered nurses pursuing graduate nursing education aimed at preparing them to teach.
What problem is the NFLP designed to address?
The NFLP is designed to reduce nursing faculty shortages. Faculty shortages can limit nursing school enrollment capacity, which can restrict the nursing workforce pipeline. By financially supporting future nurse educators, the program aims to strengthen the ability of schools to educate more nurses.
Who is the federal agency running this opportunity?
This opportunity is run by HRSA, an agency within HHS.
Is the NFLP grant funding given directly to students?
No. HRSA awards funds to participating schools of nursing in the form of a Federal Capital Contribution (FCC). Schools then use the FCC (along with a required institutional match) to operate a separate loan fund and issue loans to eligible nursing students.
Who can apply for the NFLP grant?
Eligible applicants are accredited schools of nursing (or a department within an institution) that offer an eligible advanced nursing education program resulting in a graduate degree in nursing.
What program characteristics must an applicant school have to participate?
To participate, the school must offer educator-focused coursework within its advanced nursing degree program(s) so that graduates are prepared to teach. The program is intended to support graduate nursing education that includes preparation for the faculty role, not all types of graduate nursing study.
What does HRSA provide to funded schools?
HRSA provides a Federal Capital Contribution (FCC) to participating schools of nursing. The FCC must be used to establish and operate the school-managed Nurse Faculty Loan Program fund.
What is the NFLP fund, and how must it be handled by the school?
The NFLP fund is a separate, interest-bearing account that the school establishes and operates. It is a distinct loan fund (not a general scholarship pool) and must be managed by the school specifically for issuing loans to eligible nursing students under the program.
Is there a matching or cost-sharing requirement?
Yes. The school must provide an Institutional Capital Contribution (ICC) of at least one-ninth of the federal contribution. This institutional match is deposited into the same NFLP loan fund and increases the total amount available for student loans.
Who receives NFLP loans once a school is funded?
Once funded, the school issues NFLP loans to eligible students who are enrolled in an advanced degree nursing program aligned with preparation for nursing faculty roles.
Do students have to be full-time to receive an NFLP loan?
Students generally must be pursuing a full-time course of study. Part-time study may be permitted at the Secretary's discretion, as described in the full program guidance.
How much can a student borrow through the NFLP?
Loan amounts can be up to $35,500 per academic year, for up to five years.
What education-related costs can NFLP loan funds be used for?
NFLP loan funds may be used for legitimate education-related costs such as tuition and fees, books, laboratory expenses, and other reasonable educational expenses tied to completing the program.
What is the NFLP loan cancellation benefit?
A key feature of the NFLP is service-based loan cancellation. After graduation, a borrower can receive cancellation of up to 85 percent of the loan principal and interest in exchange for serving as full-time nursing faculty at an accredited school of nursing for a prescribed period.
How does the 85% loan cancellation work over time?
The cancellation is staged over four years of qualifying full-time faculty employment: 20 percent may be canceled after each of the first three years (60 percent total after year three), and an additional 25 percent may be canceled after completing the fourth year, bringing the total possible cancellation to 85 percent.
What happens to repayment during the loan cancellation period?
During the cancellation period, repayment on the remaining 15 percent is postponed rather than immediately due, which can help borrowers maintain financial stability while working in faculty roles.
What interest rate applies to NFLP loans?
NFLP loans accrue interest at a fixed rate of 3 percent per year for borrowers who establish employment as nurse faculty, as specified in the governing statute (Public Health Service Act, Section 846A(c)(6)(A)).
Who administers the loans and verifies service for cancellation?
The school is responsible for administering the loans, monitoring compliance, and applying cancellations based on verified service as full-time nursing faculty.
Is there a funding priority for certain types of students?
Yes. The opportunity includes a funding priority that favors applications where the school's NFLP student loan support includes doctoral nursing students, reflecting the focus on strengthening the faculty pipeline.
What is the Funding Opportunity Number (FON) for this announcement?
The Funding Opportunity Number is HRSA-14-072.
How many awards and how much total funding were anticipated for this announcement?
HRSA anticipated making about 110 awards with an estimated total funding level of $22.5 million.
What type of grant is this?
This opportunity is categorized as a discretionary grant under the health funding activity area, and it includes a cost-sharing or matching requirement due to the required Institutional Capital Contribution (ICC).
What is the CFDA number associated with the NFLP?
The NFLP is listed under CFDA 93.264 (Nurse Faculty Loan Program).
When was this opportunity posted, and what were the key dates?
The posting date was December 30, 2013. The closing date was February 3, 2014. The archive date was March 11, 2014.
Where can applicants get help or ask questions about the application?
HRSA directed questions to the HRSA Grants Application Center and the HRSA Call Center. Contact details provided were CallCenter@HRSA.GOV and 877-464-4772, with a mailing address in Gaithersburg, Maryland.
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