The goal of the Nurse Faculty Loan Program (NFLP) is to alleviate the nursing shortage by contributing to the pool of qualified nurse educators. Up to 85% of tuition, fees and reasonable costs can be cancelled upon completion of an advanced degree with concentration in nursing education and four years of full-time or full-time equivalent teaching in a faculty role at an accredited nursing program. After completion of the degree, recipients have up to one year to find employment as faculty in order for the loan to be cancelled. Cancellation for the first three years of the loan is 20% and 25% for the fourth year, equaling 85% of the loan being cancelled.
NFLP is a program offered by the U.S. Department of Health and Human Services (HRSA). Each year, BCHS applies for NFLP funding through HRSA. Funding is not guaranteed, as this depends on the annual application process and federal decisions. We are currently awaiting a decision on our funding application. Since Bryan College of Health Sciences has participated in the NFLP program since 2017, we are receiving limited funding from graduates who are repaying their loans. These funds will be made available to current and incoming students.