New Jersey Administrative Code
Title 9A - HIGHER EDUCATION
Chapter 10 - STUDENT LOAN AND COLLEGE SAVINGS PROGRAMS
Subchapter 4 - NURSING FACULTY LOAN REDEMPTION PROGRAM
Section 9A:10-4.1 - Purpose and scope

The rules established by this subchapter provide the policies and procedures for participation in the Nursing Faculty Loan Redemption Program administered by the Higher Education Student Assistance Authority. This program is intended to address the current and projected critical shortage of nurse faculty in the State by providing an incentive to enter graduate nursing education programs. This program provides redemption of eligible student loan expenses incurred by program participants in exchange for full-time faculty employment at a school of nursing in the State for a five-year period following completion of the approved graduate degree program.