The purpose of this U.S. Department of Health and Human Services program is to increase the number of qualified nursing faculty by supporting schools of nursing to establish and operate a student loan fund. Recipient institutions shall make loans to individuals consistent with that purpose, and an amount up to 85 percent of any such loan (plus interest thereon) shall be canceled by the school, according to the schedule prescribed in statute, upon completion of up to four years of full-time employment as a faculty member in an accredited school of nursing.
GENERAL ELIGIBILITY REQUIREMENTS:
Accredited schools of nursing.
FUNDER MATCH REQUIREMENT:
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