Nurse Faculty Loan Forgiveness

Minnesota Nurse Faculty Loan Forgiveness Guidelines


Application materials:

Available November 1, 2017.

Closes January 4, 2018 at 5 p.m.

Program administrator: Paia Vang, 651-201-3895, paia.vang@state.mn.us
Eligible licensed health professionals: Individuals studying to teach in allied health care or advanced nursing
Minimum service obligation: Serve 3 years minimum/4 years maximum as postsecondary faculty
Annual repayment amount: $9,000
The purpose of Minnesota’s Loan Forgiveness program is to recruit and retain health care professionals and educators to needed areas and facilities within Minnesota. Loan forgiveness is an important benefit for health care professionals and educators as well as health care facilities and communities experiencing a shortage of access to primary health care services.
The Office of Rural Health and Primary Care (ORHPC), Minnesota Department of Health administers this program. It is funded by the State of Minnesota. Program eligibility requirements and benefits are established by state statute, 144.1501 authorizing the health professional education loan forgiveness program.

This program is offered to students studying to become nursing instructors, who plan to teach in the nursing field in a postsecondary program in Minnesota. A prospective participant must submit an application to ORHPC during the open application cycle while completing a masters or doctoral program.
The Nurse Faculty Loan Forgiveness Program provides funds for repayment of qualifying educational loans for students studying to become nursing instructors. Applicants are responsible for securing their own educational loans. Qualified loans include government, commercial and foundation loans for actual costs paid for tuition, reasonable education and living expenses related to the graduate or undergraduate education of a nurse educator.
This is a competitive selection process. Selections are made based on suitability for practice as indicated by experience or training as noted on an application, as well as preference given to those closest to completing their training. Preference will be given to applicants who document diverse cultural competencies. The number of applicants ORHPC may select for participation per year varies and is contingent upon state funding.
Participants are required to teach at least twelve credit hours, or 720 hours per year (including prep time) in the nursing field in a postsecondary program in Minnesota for a minimum of three years.

Participants must begin their service obligation under this program no later than March 31 following completion of their masters or doctoral program. Participants must complete their masters or doctoral program as originally stated in their application.

Participants are eligible to participate for up to four years of loan forgiveness during which they teach at least twelve credit hours, or 720 hours per year (including prep time) in the nursing field in a postsecondary program. The ORHPC will make an annual payment to the participant in the amount of $9,000, not to exceed $36,000 total for the maximum four-year period or the balance of the designated loan(s), whichever is less subject to the availability of funds appropriated by the Minnesota State Legislature for the loan forgiveness program.
Updated Friday, November 03, 2017 at 01:54PM