Sign up for your 30-minute consultation here. Patient Customer Service Loan Repayment Assistance Program FAQ - Duke University School of Law Dont sit tight waiting for the Supreme Court decision or waiting until payments start up again. Med Surg Program participants can apply for repayment assistance for up to four years. For nurses to be eligible for this loan repayment, they must work in the outpatient setting. The maximum loan repayment is $100,000, and the employer or local entity provides no more than $15,000 per year. Who Is Eligible: NPs, CNMs, and RNs who hold Virginia residency and a valid state nursing license are eligible to apply. NURSE LOAN FORGIVENESS PROGRAM Duke University Health System (DUHS) values the education of its nursing staff and offers a unique Nursing School Student Loan Forgiveness Program for registered nurses with outstanding pre-licensure student loans. Full-time nurses can receive 50% of their loan, up to $35K per year, while part-time can receive up to $17.5K per year. They must also commit to two years of work in an HPSA. Tim Walz on May 26 signed into law the Nurse and Patient Safety Act, which includes a new loan forgiveness program for nurses and other healthcare practitioners.The law will pay eligible nurses 15% of the average loan debt for their fields if they serve a two . All other repayment plans DO NOT qualify for PSLF and include: A qualifying monthly payment is a payment that you make. Nurses who work for the government or a nonprofit may qualify for the Public Service Loan Forgiveness Program through the Department of Education. You work full-time in a CSF in a high-need area or accredited nursing school. 2 OVERVIEW Duke University Health System (DUHS) and the Duke University School of Nursing (DUSON) understand that a highly educated nursing workforce strengthens the quality of care, clinical outcomes, and translation of nursing research into clinical practice. Apply to Georgia's Nursing Loan Forgiveness Program. Employment as a full-time faculty member at a school of nursing must begin no later than one year after completing an approved graduate program. Participants must work in federally designated HPSAs or other state-designated areas. The Federal Direct Unsubsidized and Graduate Plus loans accrue interest at the time of disbursement. NEALP provides at least $5,000 or more (depending on . Administrative Support How to Get Student Loan Forgiveness | Money Health Disparities Research. The NHSC Rural Community Loan Repayment Program (LRP) was designed for healthcare providers that work specifically to combat the opioid epidemic in rural communities. Who Is Eligible: APRNs who are U.S. citizens or U.S. nationals and commit to working in rural counties with a maximum population of 35,000 at healthcare providers that accept Medicaid may apply. Information for each program can be found on individual state webpages. Join us in our all-embracing commitment to excellence, innovation . The Montana Institutional Nursing Incentive Program offers loan assistance for registered nurses who work full-time at a Montana state hospital or state prison. There is a limit of ten recipients per fiscal year (July-June). APP - Ambulatory and Primary Care The curve zeroes out at $90,000. professionals to write our content whenever possible. President Joe Biden's new student loan forgiveness backup plan, called SAVE, aims to halve most borrowers' payments on undergraduate loans. Eligible candidates can receive up to $48,000, part-time nurses can receive up to $24,000. Nurses can receive up to $27,000 per year in loan forgiveness depending on their position and location. Who Is Eligible: Loan reimbursements are available to primary care, mental, dental, and allied health professionals who practice in federally designated Health Professional Shortage Areas (HPSAs) throughout the state. NurseJournal.org is an advertising-supported site. In order to enlist as an Army nurse, you must be: In order to apply or learn more, you will need to find an Army Health Care Recruiter in your area by calling 1-800-USA-ARMY or online at healthcare.goarmy.com. The program offers the greater of 25% of the original total loan amount or $7,500 forgiveness for each year of practice. This commitment allows us to pioneer innovative progress and work together to improve community health in the Triangle and beyond but most importantly, this commitment guides us as provide outstanding care to patients, their families, and each other. ABSN students must be enrolled in a minimum of six credit hours per semester to receive federal student loans. NurseJournal.org is an advertising-supported site. To qualify for these programs, you'll need to meet specific criteria depending on the program you choose, so it's important to research and understand the requirements before committing. Wound Care, Schedule If you work at an eligible school of nursing: You must work a minimum of nine months per service year. Biden announces new plans for student debt relief: live updates The employer or another sponsor, such as a philanthropic organization, must match dollar for dollar. Maine offers nursing loan forgiveness programs for primary care providers, including NPs who work in primary care. Additional Bonuses: Team members can receive additional bonuses for continuing education certifications and for referring prospective team members to Duke Health. Lumberton In November 2022, the U.S. Department of Education announced that students may not need to start repaying loans until summer 2023, depending on rulings from the Supreme Court. Kansas offers up to $20,000 in student loan forgiveness per year for the first two years (which are required), with lower amounts available for up to three more years. The practice site must be in a Primary Care Health Professional Shortage Area. Apply to Illinois's Nursing Loan Forgiveness Program. Cardiology We offer programs that repay part of your school loan debt. The program pays up to $50,000 for nurses working full time and up to $25,000 for part-time workers. Nursing school requires a significant investment of time and money especially if you pursue a bachelor of science in nursing or master of science in nursing degree. They must also be qualified to provide classroom or clinical instruction at a New York nursing school. To review the job requirements to receive loan forgiveness, visit the NFLP website. Who Is Eligible: United States citizens or nationals with unencumbered licenses who work at least 20 hours per week qualify. APP - Hospital-Based Practice Only individuals earning $60,000 or less ($75,000 for nursing faculty) may apply. Pathology The Wisconsin health professions loan assistance program provides NPs and CNMs up to $25,000 in assistance for working in an outpatient setting at an approved HPSA. You must work "full-time" as defined by the employer. Forgiveness amounts depend on your employment status and the need of the community in which you work. Beginning July 1, 2023, team members can utilize this after just six months. Minnesota's nursing loan forgiveness program aims to encourage students to pursue a nursing career as a means of combating shortages throughout the state. Keep in mind that one of the requirements is working full-time (a minimum of 40 hours per week), for a minimum of 45 weeks per year. Missouri's nurse loan repayment program provides a maximum of $10,000 per year for RNs and $20,000 per year for advanced practice registered nurses (APRNs). State and Federal Funding | Duke University School of Nursing Alaska's student loan forgiveness for nurses program, SHARP, provides either loan repayment or direct payment of up to $27,000 per year. Faculty Loan Repayment Program - through June 29. Holly Springs Applicants must also be contracted to work or already working in an HPSA. Currently enrolled nursing students are able to take advantage of a variety of clinical experience and recruitment opportunities at Duke Health. For example, an applicant funded for an associate degree in nursing on the RN level must work as an RN. That means that you can trust us to have reliable, up-to-date information Apply to Michigan's Nursing Loan Forgiveness Program. If you earn $65,000 or less, you will receive assistance that covers 100% of your loan payments based on the relevant IDR plan. Individuals will have the option to work between three years of full-time or half-time service at a rural NHSC-approved SUD treatment facility. These programs often require that a nurse hold a specific loan type, place of employment, or other requirements, so not all nurses will qualify. Who Is Eligible: Nurses with student loan debt and unencumbered licenses who work for nonprofit entities in designated HPSAs may apply. Each state offers loan forgiveness for nurses but the requirements, eligibility, and work commitment vary. The program requires a two-year service commitment, but you have the option of . Allergy/Immunology The NURSE Corps offers scholarships and loan options for nursing educators and providers working in Critical Shortage Facilities or for those employed at accredited nursing schools. Each loan forgiveness program is going to have very specific eligibility requirements, including the type of student loan that is eligible for repayment. Registered Nurses These nursing professionals are encouraged to work with nonprofit hospitals, clinics, nursing schools, and mental health or primary medical care facilities. The program requires a commitment of at least two years, which can be extended for another two years in nursing homes. He was born at Duke University Hospital, grew up in Durham, and graduated from Dukes Watt School of Nursing. To apply for federal loans, complete the following applications after you have submitted your admission application. Student Loan Forgiveness & Repayment Programs for Nurses - EduMed.org Social Work and Case Management, City ABSN Loan Options | Duke University School of Nursing The Michigan State Loan Repayment Program (MSLRP) is used to recruit both medical and dental providers by offering up to $300,000 for qualifying loans and in exchange for a commitment to service practices in underserved communities designated as Health Professional Shortage Areas (HPSAs). Who Is Eligible: NPs, RNs, and CNMs who hold Washington state residency and a valid state nursing license are eligible to apply. Eligible clinicians may receive up to $100,000 for full-time service or $50,000 for half-time service, to repay outstanding, qualifying, educational loans. All 50 states have some kind of nursing loan forgiveness program to help with the national nurse shortage. Morrisville Project Management Henderson The new loan replaces your old one, leaving you with a lower payment and/or a shorter payoff time frame. Select To be eligible for PSLF, you must make 120 . The NURSE Corps LRP in South Carolina assists the state in the recruitment of nursing faculty members. Nurse educators are required to teach nursing full time at public or nonprofit postsecondary institutions. Recipients can reapply after their second year for two one-year extensions for a four-year maximum reimbursement of $90,000, which includes $40,000 for the first two years and $25,000 for each extension year. Available for full-time and part-time nurses, this nursing loan forgiveness program pays up to $50,000 per year for the required three years. Student loan forgiveness for nurses is when nurses get their college student loan debt forgiven by the federal government or state-based programs. This article outlines state options for loan forgiveness for nurses and the associated requirements, but always make sure to review a state's site for full information. The Nurse Corps Loan Repayment Program is for registered nurses who work in underserved communities at critical shortage facilities. New Jersey's nursing faculty loan redemption program incentivizes entering a graduate nursing program by offering a loan redemption option. Anesthesiology Using this plan, if you make payments on your federal IDR loans for 20 to 25 years, your remaining debt can be forgiven. Clinical Leadership Who Is Eligible: Clinical nurse specialists, nurse anesthetists, nurse educators, NPs, CNMs, LPNs, RNs, and nurses who have an associate, bachelor's, or master's degree are all eligible to apply. Those who decide to work full-time can receive funds up to $50,000, while those who work part-time can receive up to $25,000. Federal Direct Student Loan Benefits Forms | Human Resources If they commit to a third year of service, an additional 25% will be provided. Nurse Education Assistance Loan Program (NEALP) - Ohio Physiatry Recipients must agree to practice in an underserved community within Missouri. A provider in the Medicare, Medicaid, and the State Childrens Health Insurance Program, Fully trained and licensed health professional in an eligible discipline (primary care medical, dental care, or behavior and mental health), A health professional in an eligible discipline with qualified student loan debt for education that led to your degree, State of Florida operated medical and healthcare facilities, Department of Health county health departments, Federally sponsored community health centers. Who Is Eligible: Loans are available to residents who are seeking a master's degree in nursing from a Mississippi postsecondary institution. The tool accomplishes the following: In addition to using the tool, here are the basics you need to know before you can apply: When youre ready to apply--aka have made your 120 payments and know youre eligible--you can fill out the application and send it, along with your employers certification form, to: One note: If you already use FedLoan Servicing for your loan, you can upload both forms directly on their website instead of mailing your paperwork. The Louisiana State Loan Repayment Program was created to encourage healthcare professionals to serve in rural or inner-city communities in exchange for loan assistance. Apply to Massachuetts's Nursing Loan Forgiveness Program. Nursing at Duke Health Urology Who Is Eligible: Applicants must be a resident of New Jersey and hold a master's degree in nursing. Candidates must work for a state or local government organization or a nonprofit that helps low-income, underserved residents or underserved areas. There are a few different types of loan forgiveness programs for nurses that enroll in the military. Eligible candidates may receive $6,000 each year, with a maximum award of $20,000 over four years. End Stage Renal Disease (ESRD)Dialysis Centers, Be a U.S. citizen, U.S. National or Lawful Permanent Resident and provide supporting documents, Have earned a baccalaureate or associate degree in nursing (or equivalent degree), a diploma in nursing, or graduate or doctorate degree in nursing, Have employment as a full-time RN or APRN working at least 32 hours per week at a public or private nonprofit CSF or be employed as a full-time nurse faculty member at a public or private nonprofit, eligible school of nursing, Have outstanding qualifying educational loans leading to a diploma or degree in nursing, Have completed a nursing degree program for which the loan balance applies, Have a current, full, permanent, unencumbered, unrestricted license to practice as an RN, or an APRN if applicable, in the state in which they intend to practice, or be authorized to practice in that state pursuant to the Enhanced Nursing Licensure Compact (eNLC). To be eligible for this loan, Registered Nurses and Advanced Practice Registered Nurses must meet the following requirements. Apply to North Dakota's Nursing Loan Forgiveness Program. Pharmacy Duke University: Durham: NC: $1,078,626: Creighton University: Omaha: NE: $169,969: Bryanlgh . Each participant must possess a current and unencumbered license and spend at least 32 hours per week providing direct care. There are also options for Army Reserve loan forgiveness, which provides part-time, local options for Army Reserve nurses. Mebane Apply to Kentucky's Nursing Loan Forgiveness Program. Apply to Nebraska's Nursing Loan Forgiveness Program. If you work at an eligible CSF: You must work at least 128 hours/month. Part-time nurses . Contact us about our loan repayment or scholarship programs. Many nurses and other healthcare workers in Minnesota will soon be eligible for loan forgiveness under a new state law. There are many different programs available to healthcare workers to get their student loans forgiven. Information Technology Part-time recipients must work for four years. Full-time nurses who received Perkins loans before 2017 and have worked for 5 consecutive years in a healthcare professional-shortage area may be eligible. The service commitment is usually 12 months in an underserved area designated by the program. Who Is Eligible: Nurses must be U.S. citizens or nationals and work in designated healthcare service shortage areas. Idaho grants student loan forgiveness for nurses who work in underserved areas for a required two years. Who Is Eligible: RNs, APRNs, and nursing faculty members are eligible to apply. The 120 qualifying monthly payments = 10 years, so you will need at least 10 years of qualifying payments before youre eligible to apply. NPs and CNMs who hold Wyoming residency and a valid state nursing license are eligible to apply. PSLF is a program for people who work in public service in federal, state, tribal, or local government, or for a non-profit organization. A United States citizen (U.S. born or naturalized) or a United States national; Fully trained and licensed to practice in the NHSC-eligible primary care medical, dental, or mental/behavioral health discipline and state in which you are applying to serve, Working at an NHSC-approved SUD treatment facility with a Health Professional Shortage Areas (HPSA) score that would ordinarily be too low to qualify for NHSC funding, Options for nurses who know they will stay in consecutive employment, Options for nurses interested in serving in shortage areas, Financing for nurses with limited socioeconomic resources, You wont be able to switch employers if your forgiveness program requires consecutive employment, You will be limited to where you can choose to work, You will have to work to a public or non-profit employer, If you leave your place of employment, you will be required to pay back reimbursement, Loans may not be entirely covered by forgiveness programs. At times, a hospital will be not-for-profit or serve an underprivileged population but will be owned by a larger for-profit corporation. Some hospitals also offer tuition reimbursement in exchange for a certain amount of years of service. Must be employed in a full-time nurse faculty position within 12 months of graduation and notify the Duke. June 24, 2021. Nonprofit employers must match 20% of the forgiven amount, and for-profit employers who place nurses in underserved or otherwise eligible locations must pay 50%. Applicants must commit to four years of full-time employment. Duke also offers aLender Listto assist students whenapplying for a private loan. The Washington Health Corps encourages healthcare professionals to provide care at an HPSA in exchange for loan reimbursement. Apply to Washington's Nursing Loan Forgiveness Program. Applicants can be awarded a maximum of $40,000, with $8,000 being paid for each year of service as an educator. North Carolina's forgivable education loans for service program assists students who commit themselves to working in a qualified position. Apply to Rhode Island's Nursing Loan Forgiveness Program. Also, all jobs must be qualifying organizations for hours to be included. New student loan debt forgiveness program, SAVE, now - syracuse Vermonts Educational Loan Repayment Program for Nurses offers a maximum annual award of $6,000. FY 2020 Nurse Faculty Loan Program (NFLP) Awards
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