PA loan forgiveness ???

[opalmRN]

Does anyone know if PA has loan forgiveness for nurses? I seem to remember hearing something but it was over a year ago and I don't remember if it was in regards to a Pennsylvania or Federal program.

Any info or links would be appreciated.

[Lenap]

http://www.pheaa.org/loanforgiveness/healthier_futures.shtml

nursing loan forgiveness for healthier futures

to help recruit and retain qualified nursing students in pennsylvania, the "nursing loan forgiveness for healthier futures" program will help you repay your student loans. by working for a participating pennsylvania health care organization, after graduation from an approved nursing education program, you may receive student loan forgiveness for up to 25 percent (a maximum of $12,500) of your eligible debt over a three-year period.

at a minimum, participating employers will match our loan forgiveness contribution; however, employer-sponsored programs will have the added flexibility to increase their matching contribution to enhance their organization's nurse recruitment and retention efforts.

to qualify, you must:

1. have outstanding aes/pheaa owned, guaranteed and serviced stafford or outstanding aes/pheaa guaranteed and serviced consolidated loans, based on underlying pheaa guaranteed stafford loans, in good standing.
   
2. must have graduated from a licensed nursing program in pennsylvania or have been a pennsylvania resident at the time of application for stafford loans
   
3. complete a qualifying program of study, no earlier than 2004, leading to a certificate/diploma/ degree as:
   
   • a licensed practical nurse within pennsylvania
     
   • a registered nurse within pennsylvania, or
     
   • a nurse educator within pennsylvania
     

[*]pass the pennsylvania licensure examination for a license to work as a practical nurse or registered nurse within nine months of receiving the nursing degree

[*]begin full-time employment:

• within three months of graduation as a direct patient care nurse at an approved, participating pennsylvania facility, or
  
• within one year of graduation, as a nurse educator in an approved, participating pennsylvania postsecondary education program.
  

[*]complete at least one full year of continuous, full-time, direct-care employment or employment as a nurse educator at participating employer's pennsylvania qualified facility

[*]have the participating employer verify the completion of continuous, qualifying employment throughout the year.

to be considered for funding through the nursing loan forgiveness for healthier futures program, you must complete and submit an application no later than october 31, 2004. view eligibility guidelines here.

questions? e-mail: [email protected]

please note: email is not a secure method of communication because it may be intercepted by third parties. please do not include any sensitive or private information in your email correspondence directed to aes.

american education services

nursing loan forgiveness for healthier futures program

lender school team

po box 2461

harrisburg, pa 17105-2461

phone: [phone]

fax: [phone]

[Hem5015]

This is no longer being funded.