Friday, July 8, 2011

$189,000 Federal Funding for Marshall University’s School of Nursing

U.S. Rep. Nick Rahall (D-W.Va.) Thursday announced $189,000 in federal funding for Marshall University’s School of Nursing to provide loans and scholarships for graduate and post-graduate students enrolled in nursing programs.

Nurses provide essential care for many of our citizens and they are in short supply,” said Rahall. “This funding not only assists Marshall in providing financial support for deserving students who have chosen to serve their communities as a health care professional, it also helps to supply the faculty needed to train those students.”

Marshall will receive two federal grant awards made available through the Health Resources and Services Administration (HRSA) at the U.S. Department of Health and Human Services: a $62,236 grant from the Nurse Faculty Loan program, which provide loans to students enrolled in advanced degree nursing programs who are preparing to serve as faculty in a school of nursing; and a $126,341 grant from the Scholarship for Disadvantaged Students program, which funds scholarships for full-time, financially needy students from disadvantaged backgrounds who are enrolled in nursing programs.

Following graduation, Nurse Faculty Loan recipients may cancel up to 85 percent of the loan over a consecutive four-year period while serving as full-time nurse faculty at a school of nursing. Recipients of Scholarships for Disadvantaged Students practice their health professions after graduation in underserved communities at rates two to three times the national average

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