Agency Information Collection Activities: Submission to OMB for Review and Approval; Public Comment Request; Nurse Faculty Loan Program Forms OMB No. 0915-0314-Revision
Published Date: 1/29/2026
Notice
Summary
The Health Resources and Services Administration (HRSA) is updating forms for the Nurse Faculty Loan Program to include a new nursing accreditor and improve clarity. This affects nursing schools and loan recipients who use these forms. Public comments are open until March 2, 2026, and the updated forms will help keep the program running smoothly without extra costs.
Analyzed Economic Effects
5 provisions identified: 1 benefits, 1 costs, 3 mixed.
Up to 85% Loan Cancellation for Faculty Service
If you receive a Nurse Faculty Loan, you may get up to 85 percent of the loan cancelled over a 4-year period if you work as a full-time nurse faculty member after graduation. This cancellation is part of the NFLP terms tied to service as full-time faculty.
Required NFLP Forms Create Time Burden
Nurse Faculty Loan Program grant recipient schools must complete three required electronic forms and the ICR estimates a total annual burden of 1,982 hours across 317 respondents. The table lists 90 respondents spending 8 hours each (720 hours), 207 respondents spending 6 hours each (1,242 hours), and 20 respondents spending 1 hour each (20 hours).
Application Data Drives Award Amounts
Data from the NFLP Program Specific Data Form (amount requested, number of students to be funded, tuition, and projected unused loan fund balance) are used in formula-based criteria to determine the award amount an applicant school receives. Schools must submit this required electronic attachment as part of their NFLP application.
New Accreditor Added for Graduate Nursing
HRSA updated the Nurse Faculty Loan Program Program Specific Data Form to show that the National League for Nursing Commission for Nursing Education Accreditation is now an accrediting body for graduate nursing programs. This change affects nursing schools and applicants who must report accreditation status on that form.
Repayments Recycled into NFLP Loan Fund
NFLP grant recipient schools must deposit any portion of loans not cancelled and any loans that go into repayment into the NFLP loan fund so those monies can be used to make additional NFLP loans. This describes how repaid or un-cancelled funds are retained and reused by the program.
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