Nurse Education Assistance Loan Program (NEALP) for Future Nurse Instructors

Application Information

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Amount
Awarded

$5,000

Awarded

Application Deadline

July 15

Wednesday
Awarded By:

Ohio Board of Regents

Number of Awards & Eligibility: The number of awards offered varies annually. Applicants will be awarded funding on a first come, first serve basis in accordance with applicable state and federal rules until funding is depleted for the year. If sufficient funds are available, as determined by the Ohio Board of Regents, loan assistance will be awarded to all eligible applicants.
In order to qualify, students must meet the following criteria:
  1. Must attend an eligible Ohio college or university.
  2. Must be enrolled or accepted for enrollment in an eligible master's program.
  3. Must be a registered nurse.
  4. Must pursue a nurse education program and intend to serve as nurse faculty after graduation.
  5. Must be a resident of Ohio.
  6. Must be a U.S. citizen or permanent resident.
  7. This award is for U.S. students.

In order to qualify, students must meet the following criteria:

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Description: This forgivable loan is for Ohio registered nurses enrolled in approved Ohio post-licensure nurse education programs who intend to serve as nurse faculty after graduation. To qualify for loan cancellation, recipients must be employed as a faculty member instructing licensed practical nursing and/or registered nursing coursework to future nurses in the State of Ohio for a minimum of four years after graduation.

Application requirements for the Nurse Education Assistance Loan Program (NEALP) for Future Nurse Instructors are:

  • FAFSA
  • Application form
Additional Information: To qualify for loan cancellation, the borrower must secure full-time employment in the direct clinical practice of nursing in Ohio, or as a faculty member for a prelicensure or postlicensure program for nursing, within a period not to exceed six months following graduation from the approved nurse education program. Applicants must: not be in default or owe a refund to any federal financial aid program; and maintain an academic record which places the student in good academic standings within the institution.

Award Amount: Awards are for forgivable loans of at least $5,000 annually. Awards are not automatically renewable; students must re-apply each year. The total aggregate loan amount cannot exceed $12,000.  The total dollars awarded for this scholarship is $5,000.

Deadline Information:

Deadline for this scholarship is Wednesday, July 15

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Deadline Information:

Deadline for this scholarship is Wednesday, July 15

Applications are available online on the Ohio Board of Regents website. Before starting the application process, the student must submit a Free Application for Federal Student Aid (FAFSA). The FAFSA is available at www.fafsa.ed.gov, at high school guidance offices, and at college financial aid offices. As part of the online application, the student must provide information for two personal references, who cannot live at the same address and must be Ohio residents. If the student is under 18 years of age and/or has unfavorable credit, he/she must provide contact information for an Ohio resident to be a co-signer. After submitting the electronic application, students must print a copy of his/her application and mail it to the address provided within 10 days of completing the electronic application, or postmarked by July 15, whichever is sooner.
Contact: Lisa Reed
Address: 25 S. Front St. 2nd Floor Columbus, Ohio 43215-4183
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