Minnesota hospital registered nurses loan forgiveness
Public service loan forgiveness isn’t the only way to get your student loans forgiven, depending on your profession and employer.
Hospital registered nurses at non-profit hospitals got a boost in 2023 when Minnesota added a loan forgiveness program for them. Unlike federal programs, the Minnesota programs have limited application cycles each year, the 2023 hospital registered nurse application was open in late summer and into the fall. The 2024 application cycle details will be updated on the application website in August 2024.
It is important to read the FAQ on this forgiveness program, for example you are signing a contract for future service; past service is not eligible. And this forgiveness program has so far only been funded for 2 years application cycles, so it may not be available longer than that. Finally, look into the implications of articulating this forgiveness program with any public service loan forgiveness you may also be seeking.