NURSE Corps Loan Repayment Program: Who Qualifies and What You Get
Registered nurses working in designated shortage areas can have a significant portion of their student debt paid off through this federal program.
This program helps registered nurses manage their student debt by paying off a portion of their unpaid education loans in exchange for working in high-need areas.
Who it's for
This program is specifically for registered nurses (RNs) who are working in a designated Health Professional Shortage Area (HPSA).
What you get
If you qualify and are selected, the program can pay off up to 85% of your unpaid nursing education debt. These payments are distributed over a three-year period.
What it costs you
There is no monetary cost to participate, but there is a time and service commitment involved. You must agree to a two-year service commitment as part of the program. Additionally, the application process is described as competitive.
The catch to know
You should be aware that funding is limited. Because the program is highly competitive, simply meeting the qualifications does not guarantee that you will receive an award.
How to apply
To begin the process, you should visit the official government funding portal to find more information: