AURORA, Colo., Aug. 6, 2015 /PRNewswire/ -- American Sentinel University's graduate and postgraduate nursing programs were awarded a $522,402 grant that will make doctoral and master's nursing education more affordable for currently practicing or teaching nurses who are committed to educating the next generation of nurses.
The Nurse Faculty Loan Program (NFLP) grant was awarded June 2015 by the U.S. Public Health Service, Health Resources and Services Administration (HRSA) and marks the first time American Sentinel has received this grant for its DNP Educational Leadership and MSN Nursing Education programs.
"There is nothing more important in healthcare today than preparing tomorrow's nurse educators and providing them with the skills and knowledge to create and deliver new models of teaching and learning needed in the nursing workforce," says Mary Adams, president and chief academic officer at American Sentinel University. "This grant will help ease the financial obstacles that many students experience in earning their graduate and doctoral degrees and help strengthen the field of nursing for many years to come."
The NFLP grant provides loans to graduate and doctoral nursing students with the intent to serve as faculty at a school of nursing to address the nursing educator shortage. It allows the university to offer loans for tuition, books, and fees at a low interest rate with partial loan forgiveness to borrowers who complete their program of study and then serve as a full-time nursing faculty for a consecutive four-year period.
Students who receive the NFLP loan may have up to 85 percent of their loan forgiven in return for serving full-time as faculty at an accredited school of nursing in the U.S.
To qualify for the program, students must be accepted or enrolled in either the DNP Educational Leadership or MSN Nursing Education programs.
Once a student is accepted into the program, they must maintain good academic standing to continue to receive NFLP loan funds until graduation. The service requirements for loan forgiveness begin during the first twelve months after completion of the degree.
Those interested in applying for the NFLP grants are encouraged to reach out to NFLP@americansentinel.edu
Learn more about American Sentinel University's online MSN Nursing Education program at http://www.americansentinel.edu/nursing/m-s-nursing or the DNP Educational Leadership program at http://www.americansentinel.edu/nursing/dnp-educational-leadership or call 866.922.5690.
This project is supported by the Health Resources and Services Administration (HRSA) of the U.S. Department of Health and Human Services (HHS) under E0383B1, Nurse Faculty Loan Program, $522,402 total awarded, 11.11% financed with non-governmental sources. This information or content and conclusions are those of the author and should not be construed as the official position or policy of, nor should any endorsements be inferred by HRSA, HHS, or the U.S. Government.
About American Sentinel University
American Sentinel University delivers accredited online degree programs in nursing (BSN, MSN, and DNP) and healthcare management (MBA Healthcare, MS in information systems management, and MS in business intelligence and analytics). Its affordable, flexible bachelor's and master's nursing degree programs are accredited by the Commission for the Collegiate Nursing Education (CCNE), of One Dupont Circle, NW Suite 530, Washington, D.C., 20036. The DNP program is accredited by the Accreditation Commission for Education in Nursing (ACEN) of 3343 Peachtree Road NE, Suite 850, Atlanta, Ga., 30326. The university is accredited by the Distance Education Accrediting Commission, DEAC, 1101 17th Street NW, Suite 808, Washington, D.C. 20036, (202) 234-5100, www.deac.org
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American Sentinel University
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SOURCE American Sentinel University