Top 10 Student Loan Forgiveness for Nurses

Loan Forgiveness for Nurses

Nurses are essential members of our healthcare system, and they deserve to be able to graduate from nursing school without a mountain of debt. Unfortunately, the cost of nursing school has been rising steadily in recent years, and many nurses graduate with significant student loan debt.

Well, there are a number of student loan forgiveness programs available to nurses. These programs can help nurses reduce their debt burden and make it easier to afford their monthly payments. This article reviews the top 10 student loan forgiveness for nurses.

Top 10 Student Loan Forgiveness for Nurses

#1. Public Service Loan Forgiveness (PSLF)

The PSLF program forgives the remaining balance on your federal student loans after you make 120 qualifying payments while working full-time for a qualified public service employer.

Nurses who work for government agencies, non-profit organizations, and public hospitals are all eligible for PSLF.

#2. Nurse Corps Loan Repayment Program (NCLRP)

The NCLRP is a federal program that provides loan repayment assistance to nurses who work in underserved areas or teach at accredited nursing schools.

Nurses can receive up to 60% of their loan balance forgiven in exchange for two years of service. An additional 25% can be forgiven for a third year of service.

#3. National Health Service Corps (NHSC) Loan Repayment Program

The NHSC Loan Repayment Program provides loan repayment assistance to eligible health professionals who work in underserved areas.

Nurses who work for the NHSC can receive up to $50,000 in loan repayment assistance for two years of service. An additional $25,000 can be forgiven for a third year of service.

#4. NHSC Rural Community Loan Repayment Program

The NHSC Rural Community Loan Repayment Program is a special program that provides loan repayment assistance to eligible health professionals who work in rural and underserved areas. Nurses who work for the NHSC Rural Community Loan Repayment Program can receive up to $50,000 in loan repayment assistance for two years of service. An additional $25,000 can be forgiven for a third year of service.

#5. NHSC Substance Use Disorder Workforce Loan Repayment Program

The NHSC Substance Use Disorder Workforce Loan Repayment Program is a special program that provides loan repayment assistance to eligible health professionals who work in the field of substance use disorder treatment.

Nurses who work for the NHSC Substance Use Disorder Workforce Loan Repayment Program can receive up to $50,000 in loan repayment assistance for two years of service. An additional $25,000 can be forgiven for a third year of service.

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#6. Perkins Loan Cancellation

Perkins Loans are a type of federal student loan that has been discontinued. However, nurses who still have Perkins Loans may be eligible for cancellation if they work in certain public service or education jobs.

#7. Military Student Loan Forgiveness for Nurses

The Military Student Loan Forgiveness Program provides loan repayment assistance to eligible service members and veterans. Nurses who serve in the military may be eligible for up to $50,000 in loan repayment assistance.

#8. State-Level Loan Forgiveness Programs

Many states offer their own student loan forgiveness programs for nurses. These programs vary from state to state, so it is important to research the programs available in your state.

#9. Employer-Sponsored Loan Repayment Programs

Some employers offer their own student loan repayment programs to their employees. These programs are typically offered by large employers, such as hospitals and healthcare systems.

#10. Private Loan Forgiveness Programs

There are a number of private loan forgiveness programs available to nurses. These programs are typically offered by banks and other financial institutions.

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Is there student loan forgiveness for nurses


Yes, there are a number of student loan forgiveness programs available to nurses. Some of these programs are offered by the federal government, while others are offered by state governments, employers, and private organizations.

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What is federal student loan forgiveness for nurses?


Federal student loan forgiveness for nurses is a program that helps nurses pay off their student loans. There are a number of different federal programs available, each with its own eligibility requirements and benefits.

One of the most popular federal student loan forgiveness programs for nurses is the Public Service Loan Forgiveness (PSLF) program. PSLF forgives the remaining balance on your federal student loans after you make 120 qualifying payments while working full-time for a qualified public service employer.

Nurses who work for government agencies, non-profit organizations, and public hospitals are all eligible for PSLF.

Are There hospitals with loan forgiveness for nurses?


Yes, there are a number of hospitals that offer loan forgiveness programs for nurses. These programs vary from hospital to hospital, but they typically involve the hospital providing financial assistance to nurses in exchange for a commitment to work at the hospital for a certain period of time.

Some hospitals offer loan forgiveness programs for all nurses, while others only offer programs for certain types of nurses, such as new graduates or nurses who specialize in certain areas of care. Some hospitals also offer loan forgiveness programs for nurses who are willing to work in underserved areas.

Here are a few examples of hospitals that offer loan forgiveness programs for nurses:

  • HCA Healthcare: Nurses who participate in the program can receive up to $50,000 in loan forgiveness over two years.
  • Mayo Clinic: Nurses who participate in the program can receive up to $25,000 in loan forgiveness over two years.
  • Cleveland Clinic:  Nurses who participate in the program can receive up to $20,000 in loan forgiveness over two years.
  • University of Pennsylvania Health System: . Nurses who participate in the program can receive up to $10,000 in loan forgiveness over two years.
  • Johns Hopkins Medicine: 

Frequently Asked Questions

What are the eligibility requirements for student loan forgiveness programs for nurses?

The eligibility requirements for student loan forgiveness programs for nurses vary depending on the program. However, most programs require that nurses have a valid nursing license and be working in a qualified position.

How do I apply for student loan forgiveness programs for nurses?

The application process for student loan forgiveness programs for nurses also varies depending on the program. However, most programs require nurses to complete an application form and provide documentation of their employment and education.

How long does it take to get approved for student loan forgiveness programs for nurses?

The processing time for student loan forgiveness programs for nurses varies depending on the program. However, most programs process applications within a few months.

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