Financial Assistance

Nurse Faculty Loan Program funds are available for full-time and part-time students. Read more information on the right side of this page. Please contact the Program Director to follow up.

Stafford Loans, as well as Villanova Loans and other alternative loans, are available through the University Office for Financial Assistance.

Traineeships are available through the College of Nursing Graduate Program. Applications are found on the Student Intranet (and can be e-mailed to you if you do not yet have access) and are due April 15. Doctoral students should use the Advanced Education Nursing Traineeship application.

Additional potential sources of financial assistance include:

Nurse Faculty Loan Program

Future nurse educators! (MSN & PhD)  Apply for federal funding!

The federal Nurse Faculty Loan Program requires completion of a simple application. Don’t miss this opportunity!

· Provides support for students in the MSN Nursing Education track and the PhD program.

· Citizens of the United States are eligible.

· Full-time and part-time students pursuing coursework in nursing education leading to a master’s or doctoral degree in nursing can borrow money to cover tuition, fees, books and supplies.

· Borrow up to $35,000 per year for a maximum of five years. 

· If upon graduation the student works full-time as a nursing faculty member in an accredited school of nursing (RN or higher) in the US or its territories, beginning within 12 months of completion of the degree, for up to four years, up to 85% of the total NFLP loan balance is forgiven, and the remainder can be paid within 10 years of graduation at an interest rate of 3%.  For each of the first three years, 20% is forgiven, and for the fourth year, 25% is forgiven. 

· Repayment is deferred as long as the student is employed as a full-time faculty member for the first four years after degree completion.

· If the student ceases studies or does not become employed as a nursing school faculty member within 12 months of degree completion, then the balance of the loan is paid over 10 years at the market interest rate.

Dr. Mary Ann Cantrell


Graduate Assistantships for Doctoral Students

Each academic year a few graduate assistantships are available for Doctoral Students in full-time course work on campus (first or second year student).  Full tuition and a stipend for two sequential 15-week semesters are offered. These students are expected to complete the program in three or four years of full-time study, depending on the funding source. Deadline is April 15th. Read more in this PDF document.

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Additional Information

We suggest that prospective and enrolled students explore educational funding possibilities with their places of employment; their state nurses associations; their specialty organizations at the national and local level; and their Sigma Theta Tau International chapters.