Nurse Faculty Loan Program

overview

The Nurse Faculty Loan Program (NFLP) is a loan forgiveness program that prepares and trains qualified nurse educators to fill faculty vacancies and increase the number of trained nurses entering the workforce. Each year, the Johns Hopkins School of Nursing must apply for and receive NFLP funding.

• If awarded, the maximum amount of funding a student can receive is up to $35,500 per year, and students can be funded for up to 5 years.

• Students awarded NFLP funding may cancel 85 percent of their loan in return for serving four years as faculty in any accredited school of nursing.

• Upon completion of years 1, 2, and 3 as a full-time Nursing faculty, NFLP recipients will have 20% of their loan cancelled after each year.

• After the fourth year 25% of the loan will be cancelled.

• NFLP recipients must work for four consecutive years as full-time nursing faculty to receive the 85% cancellation.