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Apply for Student Loan Forgiveness as a Medical Professional. Medical professionals, including researchers, doctors and nurses in areas with health professional shortages, may qualify for loan ...
There are also National Institutes of Health Loan Repayment Programs available for eligible doctors in biomedical or biobehavioral research careers that offer up to $50,000 in student loan repayments.
Public Service Loan Forgiveness (PSLF) is the most common type of student debt forgiveness plan. Through this program, your Direct Loan debt from nursing school could be forgiven if you:
Once you let Nelnet know you will be applying, they will contact your loan servicers to put a temporary hold on your loans for up to 120 days. This should provide sufficient time to complete and ...
The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service.
The Higher Education Relief Opportunities For Students (HEROES) Act (Pub. L. 108–76 (text) (PDF)) was legislation passed unanimously by the United States Congress and signed into law by President George W. Bush on January 16, 2002. It was extended and amended in 2003, extended in 2005, and made permanent in 2007.
The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [1]
As of May 2023, around 492,000 borrowers have received loan forgiveness through a TPD discharge, according to the U.S. Department of Education’s (ED’s) Federal Student Aid site.
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