Nursing Faculty Loan Repayment Assistance Program
The purpose of the Nursing Faculty Loan Repayment Assistance Program is to improve access to nursing education programs by encouraging qualified nurses to serve as faculty at eligible institutions of higher education.
For more information, review Texas Administrative Code (TAC), Title 19, Part 1, Chapter 23, Subchapter G.
How to Apply
ALERT: The application portal for the Nurse Faculty Loan Repayment Program is currently experiencing technical issues resulting in processing delays. We appreciate your patience while we work to resolve these issues as soon as possible.
The application period has closed and will re-open in Spring 2024. If you have any questions, please contact our office at LoanRepaymentPrograms@highered.texas.gov.
To receive loan repayment assistance, a nurse must meet the following requirements:
- hold a master's or doctoral degree in nursing
- be licensed by the Texas Board of Nursing for the State of Texas
- apply to the Texas Higher Education Coordinating Board by the published application deadline
- at the time of application for repayment assistance, have been employed for at least one year, and be currently employed as a faculty member of a nursing program at an eligible institution in a position that requires an advanced degree in professional nursing
- Nurses may qualify for up to $7,000 in student loan repayment for a period of up to 5 years based on full-time employment or up to $3,500 based on part-time employment.
- Loan repayment awards are reported to the Internal Revenue Service by the Texas Higher Education Coordinating Board.
The following requirements apply for a loan to be eligible for repayment through this program:
- must be evidenced by a promissory note which required the loan proceeds to be used to pay for higher education costs
- must not have an existing service obligation
- must not be in default status at the time of application
Frequently Asked Questions
What is considered full-time?
The individual institution determines what is considered full-time employment as a member of the nursing faculty.
What is the service period?
The service period is a minimum of nine months of a 12-month academic year.
I am participating in the Public Service Loan Forgiveness Program. Does this disqualify me from any loan repayment program?
No. This program requires a person to make 120 payments before the loan is potentially forgiven. The verification process does not take place until after all 120 payments have been made. A participant may complete the state program before all 120 payments have been made on their federal loans.
When will I receive my award?
The annual award will be mailed to the lender after you have completed each year of service and all required documentation has been received and reviewed.
To speak to a Customer Service Representative regarding loan repayment programs, call 833-597-0454, Monday through Friday 8 a.m. to 5 p.m. CST.
Online Inquiries: CONTACT US (select “Financial Aid Question” as the Contact Reason)