Application and Program Guidance - Nurse Corps Loan Repayment Program

Application and Program Guidance - Nurse Corps Loan Repayment Program is a 36-page legal document that was released by the U.S. Department of Health and Human Services - Health Resources and Services Administration on January 1, 2020 and used nation-wide.

FAQ

Q: What is the Nurse Corps Loan Repayment Program?A: The Nurse Corps Loan Repayment Program is a program that provides financial assistance to registered nurses who agree to work in underserved areas.

Q: Who is eligible for the Nurse Corps Loan Repayment Program?A: Registered nurses who have outstanding qualifying educational loans and are willing to work full-time in a designated Critical Shortage Facility or a Nurse Corps-approved site are eligible for the program.

Q: What educational loans are eligible for repayment?A: Qualifying educational loans include loans from accredited schools for registered nursing education, such as federal, state, and private loans.

Q: How much loan repayment assistance can I receive through the program?A: Participants in the Nurse Corps Loan Repayment Program can receive up to 85% of their unpaid qualifying educational loans.

Q: How long is the service commitment for the Nurse Corps Loan Repayment Program?A: Participants must commit to working full-time in a designated Critical Shortage Facility or a Nurse Corps-approved site for at least two years.

Q: Are there any additional benefits besides loan repayment?A: Yes, participants in the Nurse Corps Loan Repayment Program may also be eligible for monthly tax-free payments and other benefits such as paid time off and health insurance.