Attention, New York nurses: you may qualify for loan forgiveness.
If you are a legal resident of New York for one year, a U.S. citizen or eligible non-citizen, and a registered nurse professionally licensed in New York, you may qualify for this award. You must have a master’s degree in nursing or a doctoral degree that qualifies you as nurse faculty. Additionally, you must have qualified service and prior experience as a registered nurse.
If you are eligible, you can receive up to $8,000 per year, with a maximum total of $40,000.
• Stafford loans
• Grad PLUS loans
• Consolidation loans
• NY student loans
• Private student loans
Note: Your loans must have been used to fund a nursing degree received after January 1, 2001.
The application period for this program begins in August. To apply, visit the NYS Nursing Faculty Loan Forgiveness (NFLF) Incentive Program here.