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About 40 percent of borrowers missed their first student loan payment in October 2023, according to the Department of Education. Though late or missed payments won’t impact borrowers’ credit ...
For instance, employers who offer student loan repayment assistance can do so tax-free up to the $5,250 limit. Plus, offering these benefits may help recruit, engage and retain employees.
Depending on the plan, this could be between 10% and 20% of your discretionary income. “Discretionary income is based on the difference between how much you make and the poverty rate in your ...
The Health Resources and Services Administration ( HRSA) is an agency of the U.S. Department of Health and Human Services located in North Bethesda, Maryland. It is the primary federal agency for improving access to health care services for people who are uninsured, isolated or medically vulnerable. Comprising six bureaus and twelve offices ...
HRSA closely tracks trends in the national healthcare workforce, and issues targeted grants to colleges and universities for scholarship, student loan and debt repayment programs designed to stimulate interest in clinical specialties in which shortages are expected. About 8,000 students graduate each year from these HRSA-supported institutions ...
The loan repayment program works similarly, but students apply for the program after school and the NHSC repays up to $50,000 every two years. There is also the option to work in an NHSC-approved location for five years, which potentially entitles the student to receive $170,000 in loan repayment.
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