August 13, 2021
Mayville State University has received a grant from the Health Resources & Services Administration (HRSA) for the federal “Nurse Faculty Loan Program.” The purpose of this program is to increase the number of qualified nursing faculty nationwide by providing funding to accredited schools of nursing.
As a result of this grant award, Mayville State has a total of $104,021.00 to be provided to students to support training of advanced nursing education and to decrease the financial barrier through loan cancellation. This funding will allow Mayville State to provide loans to students enrolled full-time or part-time in the Mayville State Master of Science in Nursing (MSN) program and are committed to becoming nurse faculty.
Up to 85% of the original student loan amount may be forgiven in exchange for completion of four years full-time nursing faculty employment at an accredited higher education institution. Implementation of the Nurse Faculty Loan Program is currently in process with projection of loan disbursement to eligible MSN students beginning in the Fall Semester of 2021.
“This is an extremely exciting opportunity for the Mayville State Division of Nursing and MSN students. Mayville State is one of the few universities in North Dakota to offer this program,” said Dr. Carey Haugen, MSN Program Coordinator and Assistant Professor of Nursing at Mayville State.
For additional information regarding the MSN program at Mayville State, go to www.mayvillestate.edu or contact Dr. Carey Haugen at carey.haugen@mayvillestate.edu.