The Arkansas Graduate Nursing Education Student Loan and Scholarship (AGNSLS) Program, Act 1468, was originally established in 1995 and is designed to increase the number of NEW nurse administrators, nurse educators, and advanced practice nurses (nurse practitioners, clinical nurse specialists, nurse anesthetists, nurse midwives) in the state of Arkansas. The AGNSLS program is an excellent opportunity to help fund your graduate nursing degree while meeting the healthcare needs of Arkansas and/or addressing the nursing faculty shortage.
Students who receive nursing loans during Graduate School may have these loans converted to scholarship grants according to the terms of the loan. The Advanced Practice Nurse or Clinical Nurse Specialist student can fulfill the payback terms by practicing full-time as a Nurse Practitioner or Clinical Nurse Specialist in a community in Arkansas, by serving as a nurse administrator in an Arkansas complex health care agency, or by working at the ADH one year for each year of the loan. Nurse educator students can fulfill the payback terms by teaching full-time in an Arkansas nursing school, one year for each year of the loan.