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Nurse Faculty Service Cancelable ProgramThe program was developed by the Health Care Workforce Policy Advisory Committee and is funded by the Georgia Department of Labor and the Robert W. Woodruff Foundation. The Georgia Student Finance Authority (GSFA) manages this unique graduate education service cancelable loan program designed to encourage Georgians to enter and remain in the nursing education profession. The Georgia Nursing Faculty Scholarship Program offers financing in three core nursing education tracks: Baccalaureate to Master's, Master's to Doctorate, and Post Master's Nursing Education Certification. ValueA maximum of $10,000 may be awarded to a loan recipient pursuing a Doctoral or Masters Degree. A maximum of $5,000.00 may be awarded to a loan recipient enrolled in a Post Masters program not leading to a Doctoral Degree. Semester awards will be based on the number of credit hours in which a loan recipient is enrolled each semester. The award per semester is $2,500.00 for a student enrolled for 9 hours or less, and $3,333.00 for a student enrolled for more than 9 hours. Eligibility Requirements
Service CommitmentA loan recipient may repay the loan through teaching in a nursing program leading to a certificate or degree in nursing at an educational institution whose graduates will be qualified to practice nursing in the State of Georgia. If the loan recipient fails to complete their program, fails to obtain the required credentials, or fails to repay the loan through teaching, the loan recipient will be required to repay the loan in cash. Interest will be applied to the outstanding balance. The terms of both service and cash repayments are discussed in detail in the Disclosure Statement and the Promissory Note. Application ProcedureOnce you have decided which school you will attend you can obtain the Nurse Faculty Service Loan application and promissory note on-line, by clicking here. Print the forms, complete the student portion and forward the forms to your financial aid office for completion and the Nursing Department. Once completed, the financial aid office will forward all forms to the Georgia Student Finance Commission to be processed. If you need a renewal application, you can download one by clicking here. Loan DisbursementsOnce the loan is awarded, the proceeds from your Nurse Faculty Service Cancelable Loan will be sent to your school. You must contact the Financial Aid Office to make arrangements to receive your loan proceeds. You will receive a Service Loan Contract outlining your disbursement dates and service loan obligation. Eligible Colleges and Universities - Baccalaureate to Master'sThis scholarship track focuses on registered nurses with clinical practice experience who have a bachelor's degree and are seeking a graduate degree to pursue teaching in the nursing field. Eligible students will receive up to $10,000 to cover the cost of education and daily living expenses. Any private or public university in Georgia with a graduate level nursing program that is accredited and whose master's prepared graduates have the educational credentials necessary for credentialing at an advance practice level. As of May 2003, the following institutions have the required educational programming:
In selecting an institution and educational programming, students should consider future goals and objectives. A Master's degree in nursing is the basic requirement for employment as a nursing instructor or faculty member in most Georgia nursing programs, and this graduate degree will afford the successful recipient with a range of teaching options. However, Students should consult with faculty leadership in those schools or institutions in which they may subsequently seek employment. Some institutions may require additional experience in educational competencies and tenure track positions may only be available to individuals with a doctoral degree. Eligible Colleges and Universities Master's to DoctorateThis scholarship track focuses on Master's-prepared nurses, who are presently in clinical practice or an educational setting, who are seeking a doctoral degree in the nursing field or the education field (PhD or EdD), to better prepare the individual to pursue or remain in teaching in the nursing field. Eligible Students will receive up to $10,000 to cover the cost of education and daily living expenses. Any private or public university in Georgia with a doctoral-level nursing program that is accredited or doctoral level education program (PhD or EdD) that is accredited. As of May 2003, the following institutions have the required educational programming:
Students are eligible for a maximum total award of $10,000 under the Georgia Nursing Faculty Scholarship Program. As such, a student who has received previous funding through this program may not be eligible to receive additional financing for pursuit of a doctoral degree. Current Master's-prepared nursing instructors or faculty would be eligible for the award if no previous award through this program had been provided. Eligible Colleges and Universities - Post Master's Nursing Education CertificationThis scholarship track focuses on Master's level, certified advanced practice nurses who are seeking minimal additional coursework and a practicum to better prepare the individual to successfully pursue teaching in the nursing field. Eligible Students will receive up to $5,000 to cover the cost of education and daily living expenses. Any private or public university in Georgia with a graduate level nursing program that is nationally accredited and whose master's prepared graduates are eligible for credentialing at an advance practice level. In addition, the institution must offer a "certification" program in nursing education, which provides at least twelve (12) hours of post-Master's educational coursework and a teaching practicum of no less than one semester in another Georgia nursing school approved by the Board of Nursing or the Board of Examiner for Licensed Practical Nurses. As of May 2003, the following institutions have the required educational programming:
Students should confirm with that the coursework in the certification program is structured to enable transfer of credit for use in doctoral level education. If you are interested in finding more information on these schools, please see our GA Colleges section. |
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