[Federal Register Volume 68, Number 126 (Tuesday, July 1, 2003)]
[Notices]
[Pages 39098-39099]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-16509]


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DEPARTMENT OF HEALTH AND HUMAN SERVICES

Health Resources and Services Administration


HRSA-03-100 Fiscal Year 2003 Application Cycle for the Nurse 
Faculty Loan Program (NFLP); CFDA 93.264

AGENCY: Health Resources and Services Administration, HHS.

ACTION: Notice.

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SUMMARY: The Health Resources and Services Administration (HRSA) 
announces that applications will be accepted for the Nurse Faculty Loan 
Program for Fiscal Year 2003.
    Purpose of Award: The Nurse Faculty Loan Program authorizes the 
Secretary to enter into an agreement with a school of nursing to 
establish and operate a student loan fund to increase the number of 
qualified nurse faculty.
    Authorizing Legislation: These applications are solicited under the 
authority of Title VIII, section 846A of the Public Health Service 
(PHS) Act, as amended.
    Statutory Matching or Cost Sharing Requirement: Under Section 846A 
of the PHS Act the school of nursing shall deposit in the loan fund an 
amount equal to not less than one-ninth of the Federal capital 
contribution (FCC) to such fund.
    Eligible Applicants: Schools of nursing eligible to apply must be 
accredited and offer full-time advanced degree programs in nursing that 
contain an education component to prepare students to serve as nurse 
faculty.
    Funding Priorities and/or Preferences: None.
    Service Requirement: An amount of up to 85 percent of the loan 
(plus interest thereon) can be cancelled in exchange for the recipient 
working as faculty in a school of nursing following graduation.
    Upon completion by the individual of each of the first, second, and 
third year of full-time employment as a faculty member in a school of 
nursing, the

[[Page 39099]]

school shall cancel 20 percent of the principal of, and the interest 
on, the amount of the loan unpaid on the first day of such employment. 
Upon completion of the fourth year of full-time employment as a faculty 
member in a school of nursing the school shall cancel 25 percent of the 
principal of, and the interest on the loan unpaid on the first day of 
such employment.
    Review Criteria: The Nurse Faculty Loan Program for fiscal year 
2003 is expected to be competitive. The program anticipates more 
funding requests than there are funds available. If there are 
insufficient funds to award all applicants who meet the eligibility 
criteria, applicants will be randomly selected until all funds are 
expended.
    Estimated Amount of Available Funds: $3,000,000.
    Estmated Number of Awards: 100.
    Estimated or Average Size of Each Award: $15,000-$60,000.
    Estimated Project Period: September 1, 2003-June 30, 2004.
    Application Request and Award Process: Application materials will 
be available for downloading via the web at http://www.bhpr.hrsa.gov/nursing/reinvestmentact.htm on July 1, 2003. Applicants may also 
request a hard copy of the application material by calling (301) 443-
6333. Applications may not be submitted electronically at this time. 
Applicants should note that HRSA anticipates accepting grant 
applications online in the last quarter of the Fiscal Year (July 
through September). In order to be considered for participation in this 
program, applications must be postmarked or delivered by July 31, 2003, 
to the Division of Nursing (NFLP), Bureau of Health Professions, Health 
Resources and Services Administration, Parklawn Building, Room 9-35, 
5600 Fishers Lane, Rockville, MD 20857. Applicants should request a 
legibly dated U.S. Postal postmark or obtain a legibly dated receipt 
from a commercial carrier or U.S. Postal Service. Private metered 
postmarks shall not be acceptable as proof of timely mailing. An 
application receipt will be provided from the Division of Nursing by 
email to the applicant. Applications submitted after the deadline date 
will be returned to the applicant and not processed.
    Projected Award Date: No later than September 30, 2003.

FOR FURTHER INFORMATION CONTACT: Denise Thompson, Division of Nursing, 
Bureau of Health Professions, HRSA, Room 9-36, Parklawn Building, 5600 
Fishers Lane, Rockville, Maryland 20857. Telephone number: (301) 443-
6333. Fax number: (301) 443-0791. E-mail: [email protected].
    Paperwork Reduction Act: The application has been approved by the 
Office of Management and Budget (OMB) under the Paperwork Reduction 
Act. The OMB clearance number is 0915-0060. The program is not subject 
to Executive Order 12372, Intergovernmental Review of Federal Programs 
(as implemented through 45 CFR part 100).

    Dated: June 13, 2003.
Dennis P. Williams,
Deputy Administrator.
[FR Doc. 03-16509 Filed 6-30-03; 8:45 am]
BILLING CODE 4165-15-P