Web site spotlight: Increase in nursing incentives for 2010
Staff Development Weekly: Insight on Evidence-Based Practice in Education, May 22, 2009
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President Barack Obama’s proposed healthcare workforce development funding for fiscal year 2010 would bring incentives to nurses both in the field and in the classroom.
Of $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. Funds for the Nurse Faculty Loan Program (NFLP) would increase by 40%.
Bolstering programs, such as NELPN and NFLP, provides nurses with the financial means to press forward professionally. NELPN 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. NFLP funds eligible schools of nursing offering advanced education nursing programs to prepare graduates to serve as nursing faculty.
Other benefits that could come to nurses in 2010 with Obama’s budget include increased diversity. The proposed budget allots funds 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 meet the needs of underserved patient populations, and increasing minorities in the profession.
Editor’s note: This excerpt was adapted from “Proposed budget for 2010 increases nursing incentives” found in the Reading Room at www.StrategiesForNurseManagers.com. Get a free trial membership that will give you 30 days to test drive all the exciting features on the Web site.
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