 |
|
|
|
|
|
Nursing Loan Forgiveness Programs
Nursing Education Loan Repayment Program (NELRP)
NELRP is a competitive program that repays 60 percent of the qualifying loan balance of registered nurses selected for funding in exchange for 2 years of service at a critical shortage facility. Participants may be eligible to work a third year and receive an additional 25 percent of the qualifying loan balance. http://bhpr.hrsa.gov/nursing/loanrepay.htm
Qualifications include:
- Have received a baccalaureate or associate degree in nursing (or an equivalent degree), a diploma in nursing or a graduate degree in nursing from an accredited school of nursing in a state
- Have outstanding qualifying loans obtained for nursing education leading to a degree or diploma in nursing as specified above
- Have completed the nursing education program for which the loan balance applies
- Are a U.S. citizen, U.S. national or a lawful permanent resident of the U.S.
- Are employed full time (32 hours or more per week) at a critical shortage facility
- Have a current permanent unrestricted license as an RN in the State in which you intend to practice or be authorized to practice in that State pursuant to the Nurse Licensure Compact
- Have submitted a complete NELRP Application, a signed NELRP Contract, supplemental forms and all required documentation by the NELRP application deadline.
Nursing Student Loan Forgiveness Program (NSLFP)
For those who qualify and are awarded, a portion of the student loans used to obtain a nursing degree can be cancelled if you work at an approved site in Florida. See the website for more details. http://www.nslfp.com/index.htm
Federal Teacher Loan Forgiveness Programs
Teachers who have loans that were disbursed after October 1, 1998, may qualify to have up to $17,500 of those loans forgiven. You must not have had an outstanding loan balance on a FFELP or Direct Loan prior to October 1, 1998, in order to be eligible. See the Department of Education’s website for more criteria.
Top | Home | Text Navigation