Through the Nebraska Rural Health Student Loan Program, applicants may be able to qualify for up to $60,000 per year towards paying off their student loan debt. This program covers a bunch of different health-related professions and targets rural and underserved areas across the great state of Nebraska. Read on to see eligibility requirements, award amounts, and application process for the Nebraska Student Loan program.
In order to be eligible for the Nebraska Rural Health Student Loan Program, you must be in one of the following professions:
- Nurse Practitioners
- Physician assistants practicing the specialties of family practice
- General internal medicine
- General Pediatrics
- General Surgery
- Dentists Specializing in General Dentistry, Pediatric Dentistry, or Oral Surgery
- Clinical psychologists
- Licensed Mental Health Practitioners
- Occupational Therapists
- Physical Therapists.
Please Note: To qualify health professionals must be fully licensed to practice their discipline and specialty.
What is the award amount?
Through the Nebraska Rural Health Student Loan Program, you may be eligible to receive up to $60,000 per year. Nurse practitioners, physician assistants, master’s level mental health professionals, pharmacists, occupational therapists, and physical therapists may receive up to $30,000 per year ($15,000 from local funds; $15,000 from state funds) to be used toward the repayment of commercial or government educational loans. Physicians, dentists, and clinical psychologists may receive up to$60,000 per year ($30,000 from local funds; $30,000 from state funds). The actual amount awarded will depend on the health practitioner’s student loans, the local entity’s local match, and the availability of state funds. One of the best features of this program may be the fact that these loan repayment funds are all tax exempt.
How to apply?
To apply for the Nebraska Rural Health Student Loan Program, head over to the official website to find out more regarding additional program information and see when the best time to apply for this program is.