Nurse Faculty Education Act of 2005

Nurse Faculty Education Act of 2005 - Amends the Public Health Service Act to direct the Secretary of Health and Human Services, acting through the Health Resources and Services Administration, to establish a Nurse Faculty Education Program to ensure an adequate supply of nurse faculty through the awarding of grants to eligible entities to: (1) provide support for hiring new faculty, retaining existing faculty, and purchasing educational resources; (2) provide for increasing enrollment and graduation rates for students from doctoral programs; and (3) assist graduates in serving as nurse faculty in nursing schools.

Sets forth provisions regarding eligibility requirements and permissible uses of grant funds. Directs the Secretary to give priority to entities from states and territories that have a lower number of employed nurses per 100,000 population. Directs the Secretary to award specified numbers and amounts of grants for FY2006-FY2010, subject to specified limitations.

Directs: (1) the Secretary to evaluate and report to Congress on the results of activities carried out under such grants; and (2) the Comptroller General to study and report to Congress concerning activities to increase participation in the nurse educator program.