Posted by
J. Wiggins on Thursday 03 September 2009 - 15:58:57
This just in:
Another type of repayment assistance (again, not a cancellation) is available through the U.S. Department of Health and Human Services' Nursing Education Loan Repayment Program (NELRP). This program will help repay student loans for registered nurses in exchange for their service in eligible facilities located in areas experiencing a shortage of nurses. All NELRP participants must enter into a contract agreeing to provide full-time employment in an approved eligible health facility (EHF) for 2 or 3 years. In return, the NELRP will pay 60 percent of the participant's total qualifying loan balance for two years or 85 percent of the participant's total qualifying loan balance for three years. For more information, call NELRP, toll-free, at 1-866-813-3753 or visit www.bhpr.hrsa.gov/nursing/loanrepay.htm.