How to Wipe Out Your Student Loans and Be Debt Free Fast by Martha Maeda

Author:Martha Maeda
Language: eng
Format: epub
Publisher: Atlantic Publishing
Published: 2014-03-24T00:00:00+00:00

A borrower is disqualified if he or she has ever defaulted on Federal student loans and certain other debt obligations, even if the borrower has rehabilitated the loan and is now in good standing. Borrowers must submit an application and all required documentation by an annual deadline in order to take advantage of this opportunity.

National Health Service Corps (NHSC)

The National Health Service Corps offers loan forgiveness to physicians and registered nurses who agree to practice for a set number of years in areas that lack adequate medical care, including remote or economically depressed regions.

National Institutes of Health

The U.S. National Institutes of Health’s (NIH) Loan Repayment Program repays up to $35,000 per year of student loan debt for US citizens who are conducting clinical medical research. The NIH may repay eligible student loans up to $10,000 per calendar year, with a $60,000 lifetime maximum, for highly-qualified health-care employees.

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