Samford University's Moffett & Sanders School of Nursing has received the nation’s largest Nurse Faculty Loan Program (NFLP) award from the United States Department of Health and Human Services’ Health Resources and Services Administration (HRSA).
Samford's grant of $2.9 million will help current nurse educators or practicing nurses who are interested in obtaining a graduate nursing degree.
The NFLP is designed to address the growing national shortage of nurse educators. Through the program, nursing students utilizing loans to obtain an advanced practice nursing degree are eligible for up to 85% loan forgiveness in exchange for service as a nurse preceptor or nurse faculty member following graduation.
“The events of the past year have truly showcased the importance of exceptionally trained, compassionate nurses,” said Melondie Carter, Moffett & Sanders School of Nursing dean and professor. “Yet, we have a national nurse faculty shortage which impedes our ability to train registered nurses to meet a growing demand. Through this grant, we can actively be part of the solution to address this shortage.”
The NFLP was approved by Congress in 2002, and Samford was one of the first 55 nursing schools from across the nation to receive funds in 2003. Since then, the school has utilized more than $19.4 million in grant funding from HRSA to prepare nearly 600 nurse educators.
“Moffett & Sanders nurses are distinct, known for their ability to not only provide competent care, but also have the courage to provide compassionate care and truly invest in each patient they encounter,” said Stephanie Wynn, professor and assistant dean for scholarly activity. “Our school has produced hundreds of educators who are instilling that same level of care in the students they train as they serve as preceptors, faculty members and in nursing academic leadership positions.”
Through the 2021-22 NFLP grant, student loans accrued during the course of any Moffett & Sanders School of Nursing graduate level degree are eligible for loan forgiveness. Students continue to receive funds for the duration of their degree program as long as they maintain good academic standing. Currently, the school offers a combined 12 pathways and programs that lead to an advanced practice nursing degree.
The 2021-22 grant is expected to support up to 171 Moffett & Sanders School of Nursing students.To apply for admission to Samford’s graduate nursing programs or to learn more about the NFLP program, visit samford.edu/nursing/graduate-nursing