Nurse Faculty Loan Program (NFLP) Application

Nurse Faculty Loan Program (NFLP) Application

The Nurse Faculty Loan Program (NFLP) is a loan program funded by the Health Resources and Services Administration (HRSA) Bureau of Health Professions which allows nursing schools to make loans to their students enrolled full-time in advanced degree nursing programs. NFLP loans made to eligible students can be used for the direct costs of the graduate nursing degree program, e.g. tuition, mandatory HPU fees, lab expenses, and other required expenses, not including living expenses. Students must complete a FAFSA to be eligible. Completion of the FAFSA is required to ensure that the student has not defaulted on other student loans.

The purpose of the Nurse Faculty Loan Program is to increase the number of qualified nursing faculty. The NFLP provides funding to schools of nursing to support the establishment and operation of a distinct, interest-bearing NFLP loan fund. The program offers up to 85% loan forgiveness for borrowers who graduate and serve as full-time nursing faculty for the prescribed period. Repayment begins nine months after leaving school. HPU’s Business Office will contact you before the end of your final semester and will stay in contact with you until the loan is paid in full.

To obtain a Nurse Faculty Loan, the Borrower must complete this HPU NFLP application in its entirety and submit for review and selection by the NFLP Selection Committee (School of Nursing - 500 Ala Moana Blvd, Bldg1-400). Please read the full description of the NFLP at: https://www.hpu.edu/business-office/loan-programs.html

WARNING: Any person who knowingly makes a false statement or misrepresentation in an NFLP transaction, bribes or attempts to bribe a Federal official, fraudulently obtains an NFLP loan, or commits any other illegal activities in connection with a Federal NFLP loan is subject to a fine or imprisonment under Federal statute.