Here are three Student loan forgiveness programs directed exclusively at the most rewarding professions in the country- nursing and health care.

1. Top Three Loan
Forgiveness
Programs for
Nurses

2. If there was not a mention of the word forgiveness, you would not
have been reading this article for sure. The same magnet works
for nurses who are looking for options to live beyond the hassles of
taking a loan and then spending their income repaying back. On
an average, a nursing student bears the burden of $35000 and
more after passing for at least six months. With unemployment
indices touching national high, it is indeed a thing to reckon with.

3. So here are three Student loan forgiveness programs directed
exclusively at the most rewarding professions in the country- nursing
and health care.
1 NURSE Corps Loan Repayment Program (Nurse Corps LRP)
​
2 Perkins Loan Discharge & Cancellation
3 National Health Service Corps Loan Repayment Program
(NHSC LRP)

4. 1 NURSE Corps Loan Repayment Program
(Nurse Corps LRP)
As the most prolific student loan forgiveness program in the
country, the Nurse Corps Loan repayment replaced the obsolete
Federal Nursing Education Loan repayment program. The LRP is
established to strengthen the recruitment and retention activities of
professional Registered Nurses (RNs). The objectives of the Nurse
Corps LRP are:
O Reduce the economic burden on Rns
O Fill the gap in the critical shortage areas in public and military
health care facilities
O Provide opportunities of employment to low-income communities
The benefit:
RNs can pay up more than 60% of their nursing education loans
within 2 years of employment. From the third year onwards, there
is an additional inventive to pay off 25% of the balance if the RN
is serving in designated health or primary medical care facility in
rural areas.

5. 2 Perkins Loan Discharge & Cancellation
Perkin loan forgiveness and cancellation applies to
student loan borrowers who are engaged in nursing
and medical care as part of public service facilities,
AmeriCorps and Peace Corps. Apart from the
regular employment status, the forgiveness and
discharge benefits are applicable to nurses in case
of disability or death, as well as rare cases of
bankruptcies.
Benefits
With just 5 years of regular employment, a nurse can
earn up to 100% forgiveness from the federal student
loan agency plus the interests accrued during the
employment. The cancellation rates are incremental
in nature for each passing year of employment.

6. 3 National Health Service Corps Loan Repayment
Program (NHSC LRP)
It shares a similar objective as the Nurse Corps LRP. The
NHRC LRP is governed by the Bureau of Health Workforce
(BHW) and is directed towards professionals associated with
medical, nursing, dental, surgery and psychology. Vets and
cosmetic surgeons are also included in the program.
There are two service options under NHSC LRP for
nurse loan forgiveness.
1. Full time clinical practice: 2 years
The nurse will be paid up to $50,000 for the first two years of
service at a NHSC-approved clinical site having HPSA of 14 or
more. $30,000 is paid to nurses working in sites with HPSA below
13.
2. Half-time clinical practice: 2 years
NHSC LRP pays up to $25,000 for the initial two years of clinical
practice at HPSA 14 sites and $ 15,000 to those working in sites
with HPSA below 13.
In all these programs, the borrower should have no previous record
of defaults and/or professional breach.

7. Contact Us
Student Debt Center
Contact Person - Cesar Buitrago
Address - 18459 Pines Boulevard, Suite
532, Pembroke Pines, FL 33029
Contact No. - 800-551-7187
Email Id - info@studentdebtcenter.org
Website - http://studentdebtcenter.org/