Federal loan forgiveness programs are a logical place to start, but it can be smart to also consider other student loan forgiveness programs, too. There are forgiveness programs tailored to loan borrowers who live in certain locations, or have an in-demand and service-based vocation.
Primary Care Physician & Dentist Loan Redemption Program
This program encourages physicians, dentists, physician assistants, certified nurse practitioners and certified nurse midwives to practice in medically-underserved areas of New Jersey. Loan repayment assistance is provided in exchange for agreeing to work in medically-underserved areas. Repayment amounts range as high as $120,000 for two to four years of service.
Nursing Faculty Loan Redemption Program
Student loan redemption is offered in exchange for service as a full-time faculty member at a school of nursing in the state of New Jersey. Recipients must agree to work in such a position for a five-year period following the completion of an approved graduate degree program.
This article originally appeared on SoFi.com and was syndicated by MediaFeed.org.
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