NYS Nursing Faculty Loan Forgiveness (NFLF) Incentive Program
The NYS Nursing Faculty Loan Forgiveness (NFLF) Incentive Program is offered to increase the number of nursing faculty members and adjunct clinical faculty teaching in the field of nursing in NYS. Awards are made annually to licensed registered nurses holding graduate degrees and who have taught in the field of nursing.
An applicant must:
- be a legal resident of NYS and have resided in NYS for 12 continuous months prior to applying for this program;
- be a U.S. citizen or eligible non-citizen;
- be a registered nurse professionally licensed to practice in NYS;
- possess a master’s degree in nursing or a doctoral degree for qualification as nursing faculty or as adjunct clinical faculty;
- have an outstanding balance on eligible student loan debt;
- have qualified service;
- employment as a nursing faculty member or as adjunct clinical faculty providing classroom or clinical instruction at a nursing school located in NYS for the equivalent of at least 12 credit hours during an annual period commencing July 1 and ending June 30
- be in a non-default status on a student loan made under any NYS or federal education loan program or repayment of any NYS award; and
- be in compliance with the terms of any service condition imposed by a NYS award.
Eligible Student Loans
A successful applicant must have an outstanding balance on eligible student loan debt, used to fund a nursing degree, disbursed on or after January 1, 2001.
Eligible student loans include NYS or federal government loans, or private student loans made by commercial entities subject to governmental examination. This does not, however, include Parent PLUS loans and Perkins Loans.
Ineligible loans also include non-educational student loan consolidations and home equity loans used to pay off student loans.
The maximum lifetime award under this Program is $40,000, paid in the amount of $8,000 for each annual period of qualified service completed, or the applicant's actual eligible student loan indebtedness at the time eligibility is established, whichever is less. Any additional payments made to reduce the outstanding balance may cause a reduction in the total amount of the award.
Note: Any loan forgiveness award payment received may have tax implications. A 1099 form will be issued by the NYS Office of the State Comptroller reflecting the total loan forgiveness payments received by the recipient for the year. Any questions regarding potential tax implications should be directed to a tax professional, the Internal Revenue Service, or the NYS Department of Taxation and Finance.
Payments are available for up to five annual periods of qualified service.
How to Apply
The Nursing Faculty Loan Forgiveness (NFLF) Incentive Program Application is no longer available.
The number of awards paid under this Program is limited to available funding. A recipient is not guaranteed a payment in each following year, priority is given to prior recipients. If there are more applicants than available funding, recipients will be determined by lottery.
The NYS Nursing Faculty Loan Forgiveness (NFLF) Incentive Program Application is used to establish an applicant’s eligibility as well as to process the first award payment.
In subsequent years, a recipient must submit a Payment Application and verification of the qualified service for which payment is sought under this Program by the deadlines set by HESC. Payment Applications will be provided annually to recipients in August.