2009 Annual Report of the State-Supported Student Financial Aid ...

Nursing Teacher Stipend (NTSP)Nursing Teacher Stipends are available to licensed registered nurses seeking a master’s degree in nursing or a doctoratein nursing at a Mississippi college or university. Participants may fulfill the loan-to-service obligation by teaching in anaccredited Mississippi school of nursing for one year for each year of loan received. Participants in master's degreeprograms receive $1,000 per month, not to exceed one (1) calendar year or $12,000. Participants in doctorate programsreceive $1,000 per month, not to exceed two (2) calendar years or $24,000. To be eligible, students must be Mississippiresidents with a 3.0 GPA. Students must attend full-time and must also be recipients of the Nursing EducationLoan/Scholarship - Master's or Ph.D. awards. The application deadline is March 31 each year.History of Funding and AwardsFY 2005 FY 2006 FY 2007 FY 2008 FY 2009Total Applicants Awarded 15 9 23 14 3Total Funding for Program $ 167,000.00 $ 106,000.00 $ 246,000.00 $ 130,000.00 $ 21,000.00Eligible Applicants N/A N/A N/A N/A 61Award Rate N/A N/A N/A N/A 5%Average Award Amount $ 11,133.33 $ 11,777.78 $ 10,695.65 $ 9,285.71 $ 7,000.00Applicants Not Funded N/A N/A N/A N/A 58Funding Disparity N/A N/A N/A N/A $ 406,000.00(In thousands)$300$250$200$150$100$50$-History of Funding (FY 2005 to FY 2009)$167.00$106.00$246.00$130.00$21.00FY 2005 FY 2006 FY 2007 FY 2008 FY 20092520151050History of Awards (FY 2005 to FY 2009)15923FY 2005 FY 2006 FY 2007 FY 2008 FY 2009143Awards by InstitutionAwards 4-Year Private Institutions Amount1 William Carey University $ 9,000.001 $ 9,000.00Awards 4-Year Public Institutions Amount1 University of Mississippi Medical Center $ 7,000.001 University of Southern Mississippi $ 5,000.002 $ 12,000.00Total AwardsTotal Amount3 $ 21,000.00Recipients by InstitutionName Institution AwardGore, Charlotte A University of Mississippi Medical Center $ 7,000.00Smith, Bridget M University of Southern Mississippi $ 5,000.00Thomas, Sandra L William Carey University $ 9,000.00Totals 3 $ 21,000.00Graduate Loan/Scholarship Programs Nursing Teacher Stipend - 189