|
Loan Forgiveness & Work Repayment programs
are similar as they pay off partial or total outstanding balances
on your student loans once you become a nurse. Loan forgiveness
is commonly given to nurses who enter into volunteer type
services such as, the National Heath Services Corps, Peace
Corps, Americorps, and Volunteers in Service to America. Local
and Federal government Loan forgiveness programs are available
to nurses who work in areas of critical shortage. Some forgiveness
programs take effect immediately while other require you to
work in a specific area for a year or more before applying
for the program. Check with your state to see if a loan forgiveness
program is available as new programs are created in response
to the nursing shortage.
Work Repayment programs are different from
Forgiveness programs as you accept the loan payoff in exchange
for agreeing to work for that institution for an agreed upon
amount of time.
As new programs become available we will add them here keep
you updated in our newsletter.
State program links:
Programs are state funded and generally administered by individual
school's financial aid office.
California
Delaware Nursing Incentive Program
Florida
Nursing Student Loan Forgiveness Program
Kansas
Nursing Service Scholarship
Maryland
State Nursing Scholarship and Living Expenses Grant
Mississippi
Nursing Education Loan/Scholarship (NELS)
North
Carolina Nurse Education Scholarship-Loan Program
The
Michigan Nursing Scholarship
Native
Hawaiian Health Scholarship Program
Indiana
Nursing Scholarship Fund
Texas
Professional Nursing Scholarships (PNRS)
Federal programs:
Federal
Loan Repayment Program
|
