For NEW GRADS - Student Loan Forgiveness

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Specializes in NICU, PICU, PCVICU and peds oncology.

[h=2]Student loan forgiveness available to nurses in some rural communities[/h]

Newly registered nurses may still be able to take advantage of a federal program that began accepting applicants in April 2013 to have part of their student loans forgiven if they are prepared to work in rural communities.

Under the program, nurses - as well as family doctors and residents, and nurse practitioners - can apply for partial Canada Student Loan forgiveness if they agree to work in one of more than 4,200 designated rural and remote communities with populations below 50,000. Designated locations include communities that provide health services to First Nations, Métis and Inuit populations.

Nurses are eligible to receive up to $4,000 per year in Canada Student Loan forgiveness. For more information, nurses should contact the Canada Student Loans Program, found online at CanLearn.ca, and download the application form.

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I think you should make this a stickie, Jan!

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Specializes in NICU, PICU, PCVICU and peds oncology.

Good idea! Glad you thought of it.

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Specializes in AC, LTC, Community, Northern Nursing.

I got it this year :) it is not only for new grads. Just put your postal code in and see if you qualify

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I got it this year :) it is not only for new grads. Just put your postal code in and see if you qualify

Was there a minimum you had to stay? I couldn't find anything on there

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Specializes in AC, LTC, Community, Northern Nursing.

The application information page states the requirements. You need to have provided nursing care for at least 400 hrs. There is more info on the page.

http://www.canlearn.ca/eng/loans_grants/repayment/help/forgiveness.shtml

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Yeah I saw that- I just know that for the BC student loan forgiveness you need to stay in that under served community for 3 years

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Specializes in AC, LTC, Community, Northern Nursing.

Well this one states 400hrs. You reapply yearly for up to 5 yrs so there is no 3 yr minimum on this one and it is canada wide.

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Thank you for the link janfrn. I'm currently going into my third year but am looking to see what the job pool is like at the moment. I had planned to go north after finishing school for at least one year and potentially up to 3. I would be going with my soon to be husband, who is a med lab tech, and was wondering if anyone would know the likely hood of him finding a job up there as well.

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1. Does anyone know if this student loan forgiveness is applicable to OSAP? I believe OSAP has federal and provincial portions.

2. Is the grant prorated based on hours worked or is it fixed at $4000 if you meet the min. required 400 hours.

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Specializes in AC, LTC, Community, Northern Nursing.

I received the full amount for OSAP loans. I do not know if there was any prorated hours. It says up to $4000

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Awesome!!

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