Can I get my student loans forgiven if Im a nurse?
To be eligible for student loan forgiveness for nurses, candidates must be residents, have a nursing license and be enrolled in a higher education nursing program. Candidates must work full-time for four years to have their loans forgiven.
Can you get student loan forgiveness working at a hospital?
When the relief period is over and they have made 120 qualifying payments, healthcare workers may qualify for Public Student Loan Forgiveness (PSLF).
Do hospitals offer nurses loan forgiveness?
Public Service Loan Forgiveness (PSLF) Any type of nurse working for the government or a nonprofit organization, including nonprofit or government-owned hospitals with a 501(c)(3) tax-exempt status, may be eligible for PSLF. This federal program forgives remaining student loan balances after 10 years of service.
What employers are eligible for student loan forgiveness?
What counts as a government employer for the PSLF Program? Any U.S. federal, state, local, or tribal government agency is considered a government employer for the PSLF Program.
Do nurses get Public Service Loan Forgiveness?
Nurses who work for a nonprofit or the government may qualify for Public Service Loan Forgiveness. You don’t have to be a certain type of nurse to be eligible for PSLF, i.e., a registered nurse or a nurse practitioner. Your employer qualifies you for the program, not your job.
Do hospitals pay back student loans?
Hospital loan repayment and reimbursement programs National and state loan repayment programs aren’t the only options for nurses. Individual hospitals across the country offer assistance in paying off student loan debt from nursing degree programs, too.
How can I pay off my nursing loan?
The top 6 student loan forgiveness programs for nurses are:
- Public Service Loan Forgiveness Program (PSLF)
- Nurse Corps Loan Repayment Program (NCLRP)
- National Health Service Corps (NHSC) Loan Repayment Program.
- State-Level Loan Forgiveness.
- Perkins Loan Cancellation.
- Military Student Loan Forgiveness for Nurses.