Nurse Faculty Shortage Reduction Act of 2024

The Nurse Faculty Shortage Reduction Act of 2024 creates a new federal grant program to address nursing faculty shortages. It authorizes $28.5 million annually (2024-2028) to help nursing schools supplement faculty salaries, covering the gap between clinical nurse pay and teaching salaries. Schools must submit detailed salary data and plans to sustain higher pay after the 3-year grant period. The program prioritizes schools in high-need areas, serving vulnerable populations, or recruiting underrepresented faculty, with a report required to Congress after 3 years.