Establishes a scholarship and forgivable loan program for graduate nursing students in South Carolina.

The Graduate Nursing Scholarship and Forgivable Loans Act creates a program to provide scholarships and forgivable loans to South Carolina residents pursuing graduate nursing degrees. The South Carolina Department of Health will administer the program, offering up to $10,000 per academic year for up to four years. Recipients must agree to practice in designated nursing shortage areas or other critical need sites for one year per year of funding received. Failure to fulfill service obligations results in repayment of the loan plus interest.

Establishes a scholarship and forgivable loan program for graduate nursing students in South Carolina.

The Graduate Nursing Scholarship and Forgivable Loans Act creates a program to provide scholarships and forgivable loans to South Carolina residents pursuing graduate nursing degrees. The South Carolina Department of Health will administer the program, offering up to $10,000 per academic year for up to four years. Recipients must agree to practice in designated nursing shortage areas or other critical need sites for one year per year of funding received. Failure to fulfill service obligations results in repayment of the loan plus interest.