Loan Repayment

Aug 31
Oct 03
Oct 03
Oct 03
Oct 03

How might I default on my loan repayment agreement?

Circumstances that would cause you to default include, but are not limited to: failure to maintain full-time status in school, failure to complete the graduate nursing program, failure to maintain full-time employment status in your designated area of critical need, failure to submit required documentation related to school and/or employment,... read more →
Oct 03
Oct 03
Oct 03

What is an area of critical need?

An area of critical need is a geographical area in Alabama with a critical need for Advanced-Practice nurses, as determined by the Board. You must designate your area of critical need during the application process, based on the needs of the state at that time. The ABN Administrative Code states:... read more →
Oct 03
Oct 03
Oct 03

When will I be notified about receiving the loan?

If you are selected as a participant for the Loan Repayment Program, you will be notified by email following the decision of the Board. You must respond to that email stating whether you plan to accept or decline the loan award. If you choose to accept, you will be given... read more →
Oct 03
Oct 03
Oct 03

Who is ineligible for the Loan Repayment Program?

Nurses with encumbered Alabama RN licenses and/or nurses with a significant history of professional misconduct are ineligible. Board Members and staff of the Alabama Board of Nursing are also ineligible for the Loan Repayment Program.
Oct 03

Who is eligible for the Loan Repayment Program?

Alabama residents who are enrolled full-time in accredited nursing education programs approved by the Alabama Board of Nursing and pursuing graduate degrees to become certified registered nurse practitioners (CRNPs), certified nurse midwives (CNMs), or certified registered nurse anesthetists (CRNAs) or are currently-approved CRNPs, CNMs, or CRNAs who completed their advanced... read more →
Oct 03
Oct 03

Can I apply for a loan more than once?

Yes. Loans may be awarded for up to three years for a person pursuing or holding a master’s degree and as many as four years for a person pursuing or holding a doctorate. However, funds are limited and there is no guarantee that past participants will be selected again.
Oct 03

What is considered a “Complete Application”?

A “complete application” includes a response to every question (applications with blank answer fields will not be processed), as well as successful uploading of all required supporting documentation. INCOMPLETE APPLICATIONS WILL NOT BE PROCESSED.
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