News spotlight: Proposed 2010 fiscal year budget increases nursing incentives
Nurse Leader Weekly, May 18, 2009
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President Barack Obama’s proposed healthcare workforce development funding for fiscal year 2010 could bring incentives to nurses in the field and in the classroom.
Of the $1 billion in the budget devoted to strengthening healthcare professions, $125 million is allocated to the Nursing Education Loan Repayment Program (NELPN)—an $88 million increase from the 2009 budget. The program contracts RNs with the federal government to work full-time in a healthcare facility with a nursing shortage in return for repayment of qualifying educational loans.
Funds for the Nurse Faculty Loan Program (NFLP) would also increase by 40%, which support eligible schools of nursing offering advanced education programs to prepare graduates to serve as nursing faculty.
In addition, the budget may increase diversity in the workforce, due to funds allotted to Title VII and VIII of the Public Health Service Act health professions training, which are federal programs geared toward training healthcare providers in interdisciplinary settings to care for underserved patient populations, as well as increasing minorities in the profession.
Source: U.S. Department of Human Health and Services and National League for Nursing
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