Mississippi Administrative Code › Title 10 - Education Institutions and Agencies › Part 669 - Nursing Teacher Stipend Forgivable Loan Program (NTSP) Rules and Regulations › Chapter 1 - Nursing Teacher Stipend Forgivable Loan Program (NTSP) Rules and Regulations › Rule 10-669-1.1 - Nursing Teacher Stipend Forgivable Loan Program (NTSP) Rules and Regulations

Current through June 25, 2024
These Rules and Regulations are subject to change by the
				  Mississippi Postsecondary Education Financial Assistance Board (hereinafter
				  referred to as the "Board"). The number of awards and recipients are dependent
				  upon availability of funds and selection shall be based on a first-come,
				  first-served basis of all eligible applicants; however, priority consideration
				  shall be given to persons previously receiving awards under the Nursing Teacher
				  Stipend Forgivable Loan program (NTSP).
I.
GENERAL ELIGIBILITY
A. The applicant must be a current legal
				resident of Mississippi. Resident status for purposes of receiving NTSP shall
				be determined in the same manner as resident status for tuition purposes as set
				forth in Sections
				37-103-1 through
				37-103-29 of Ms. Code Ann., with
				the exception of Section
				37-103-17.
B. The applicant must be fully admitted as a
				regular student and enrolled full-time at the graduate level seeking a masters
				or doctoral degree in an accredited nursing program at one (1) Board-approved
				institution in the State of Mississippi. Enrollment and classification status
				will be determined by the attending institution.
C. The applicant must also participate in the
				Nursing Education Forgivable Loan Program - MSN (NELM), RN to MSN (NERM), or
				Ph.D./DNP (NELP) administered by the Board. (Priority will be given to nursing
				faculty who have been accepted for Board-approved forgivable loan money and are
				teaching in a state-accredited nursing program as an exception to accreditation
				standards and to nursing faculty who have been accepted for board-approved
				forgivable loan money and are within 12 months of earning a doctoral degree.)
D. The applicant must be
				recommended for participation in the NTSP program by a dean or director of a
				Mississippi school of nursing. Recommendation should be in the form of a letter
				of intended employment upon the applicant's completion of the program of study.
				The letter of intended employment must include the institution of intended
				employment and the nursing program in which the applicant is intended to teach
				(practical nursing, associate degree, bachelor's degree, master's degree, or
				doctoral degree).
E. The applicant
				must have expressed in writing a present intention to teach at any accredited
				school of nursing in Mississippi approved by the Board and must diligently
				pursue the course of study and requirements for the appropriate nursing
				license.
F. The applicant must have
				a cumulative 3.0 college grade point average (GPA) on a 4.0 scale to establish
				eligibility, maintain a cumulative 3.0 GPA each period of enrollment (i.e.
				semester or trimester) for continued eligibility, and maintain satisfactory
				academic progress in the approved program of study in accordance with the
				attending institution's policy.
G.
				The applicant must not presently or previously have defaulted on an educational
				loan.
H. Applicants must possess a
				current Mississippi registered nursing license.
I. Must not have received or currently be
				receiving funds from the Rural Health Program.