Graduate Nursing Loan-Forgiveness Program:
Graduate Nursing Loan-Forgiveness Program:
The Graduate Nursing Loan-Forgiveness Program is designed to encourage Tennessee residents who are registered nurses to become teachers and administrators in Tennessee nursing education programs.
To be eligible, the applicant must:
be a Tennessee resident and a U.S. citizen, and
have an unencumbered Tennessee nursing license, and
be enrolled in an eligible master’s degree or a post master’s degree in a nursing educational program at an eligible institution.
This loan forgiveness program does not apply to any other loan forgiveness program and cannot be applied to existing student loans that the applicant may have received.
Participants in this program incur an obligation to enter a faculty or administrative position at a college or university in Tennessee in a nursing education program. The obligation is four (4) years to have the loan forgiven, immediately upon completion of the education program. If recipients do not meet this obligation the award must be repaid.
Awards are made in equal installments each term throughout the academic year. The award may be renewed three times for a total of four years or for the length of the program of study, whichever is less.
Applications are available at TSAC or by clicking on one of the links above. Awards are very competitive and are based on funding. TSAC must receive the application by the March 1 deadline.
Award recipients must attend an eligible Tennessee college or university and be enrolled in a graduate program accredited by the National League for Nursing Accrediting Commission (NLNAC) and/or by the Commission on Collegiate Nursing Education (CCNE). Also, the program must be approved by the Tennessee Board of Nursing and lead to a master’s or post-master’s degree in a field of study which will qualify the graduate to become a teacher or administrator in a college or university nursing education program in Tennessee. For a list of eligible institutions, please click here and select the RN Schools tab on the TN Dept. of Health's website.
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