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If serving as a college or university faculty member is in your future, a new federal loan program administered by St. Kate's — with the potential for loan forgiveness — is here to help.

The Nurse Faculty Loan Program (NFLP) is available for qualifying students in St. °µÍø½ûÇø's Doctor of Nursing Practice (DNP),  Master of Science–Nurse Educator, or Master of Science-Nursing Informatics programs. The purpose of the program is to help St. Kate's graduates address the nursing workforce shortage. Awards cover up to a full year of tuition, required fees, and a book allowance (up to $40,000 per year). If, after graduation, you serve in a full-time position as a faculty member at an accredited nursing school for a required period of time, up to 85% of the principal and interest of your NFLP loan will be cancelled.

1. Be accepted into the St. °µÍø½ûÇø's Doctor of Nursing Practice (DNP), Master of Science-Nurse Educator, or Master's of Science-Nursing Informatics program.
2. Complete the Free Application for Federal Student Aid (FAFSA), available at . The student is not required to demonstrate financial need. The FAFSA will provide confirmation of citizenship status and student loan default.
3. Complete and submit the form to the St. °µÍø½ûÇø Financial Aid Office.
4. Meet with Program Director (virtually, in person, or by phone) to discuss eligibility requirements.

Note that funding is prioritized by those who have received NFLP funding in previous years, and by application submission date. Students will be notified by the Financial Aid Office if they are being offered NFLP funding.

Application Priority Deadline: July 1, 2024

Applications will be accepted after this point, however students will be considered for funding based upon their date of application.

The Office of Financial Aid determines loan eligibility and will include any loan offers on your award letter. You will receive an email from our loan servicer, ECSI, notifying you that you have a new loan offer available.

You will then either register with ECSI (new borrowers) or sign in to your ECSI profile (returning borrowers) to complete the entrance counseling and sign your master promissory note. If you do not want to accept the full amount offered, please contact your financial aid counselor.

If you wish to decline your nurse faculty loan, send an email to finaid@stkate.edu. Please include your full name, your student I.D. number, and a message stating you want to decline your Nursing loan.

To maintain your student enrolled status for your nursing student loan, you must remain a nursing major.

To learn more about what happens at graduation and beyond visit Student Accounts.

For more information, contact the NFLP Program Director.