Announcing The Offer Of The Loan Forgiveness For Nurses In Florida

Loan Forgiveness For Nurses – The Florida Department of Education Office of Student Financial Assistance (OFSA) is available as the guaranty agency. The department supports students in the state of Florida. They are working to guarantee Federal Family Education Loans for up to 30 years. The Health Care and Education Affordability Reconciliation Act of 2010 now is a law. Therefore, OFSA helps their clients to guarantee the loans with the first disbursement on July 1, 2010.

Their commitment is to provide the life-of-the-loan support. At this time, they are offering the loan forgiveness for nurses. This offer is available in their program, “Nursing Student Loan Forgiveness Program” you can follow.


Nursing Student Loan Forgiveness Program

What is Nursing Student Loan Forgiveness Program?

The Nursing Student Loan Forgiveness Program was available for the first time in 1989. The founder is The Florida Legislature. The goal of loan forgiveness for nurses is encouraging the qualified personnel to seek an employment. They should have a willingness to work in the areas with critical nursing shortages, in the state of Florida.

For the qualified personnel, the program will provide them the funds. They can use the fund to repay their nursing education loans. Therefore, if you think that you have nursing loans, you should join in this program. However, this program is only available in the state of Florida.

How Do I Become Eligible In This Program?

To be eligible for this program, as an applicant, you must complete the requirements below:

1.     Have License

If you have a license that you are an LPN, RN, or ARNP in Florida, you should try this program

2.     Have Loans

All participants must prove that they have the loans toward their current nursing education.

3.   Work Full-Time

For this requirement, all participants must work at one of the designated employment sites in Florida Statutes.

In short, if you are licensed practical nurse or registered nurse, you may apply for the program. This program also opens for advanced registered nurse practitioners.

What Are The Designated Employment Sites and Facilities?

For the participants, the loan forgiveness for nurses will rank them by the designed sites. For example, the program may brings you to some areas such as teaching hospitals, public schools or the match facilities. It is also possible for you to work in the state of Florida operated medical and healthcare facilities.

Other possible areas are department of health county health departments.

It means that to get loan forgiveness for nurses, you should agree to serve in these areas of the state. Therefore, we recommend you to check the official website to know the details of the areas.

How Much The Program Offer The Loan Payment?

The program is able to make nursing education loan repayments for more than $4000 annually. They will give it for each nurse enrolled in this program with the maximum of 4 years.

Besides, the program will make the payment at the late of each 12 months of the enrolled period and make it directly to the participant’s lender.

However, the enrollment and the payment of the awards depends on the available funds.

The program payments designed to participants that are exempt from the federal income taxes.

When Is The Deadline?

The deadline for the Florida Nursing Student Loan Forgiveness Program is on December 1, 2017. The funders closed the application window on May to June 1, 2017, due to the limited funding.

Therefore, if you want to join this loan forgiveness program, please

get more information of the guidance and the application package on the official website ( For the completed application packets, you can email it to the following address:

  • Florida Department of Education
  • Office of Student Financial Assistance
  • 325 West Gaines Street, Suite 1314
  • Tallahassee, Florida 32399-0400
  • In case that you need the complete information about the funding programs such as your application status, you can contact the funders as below:
  • 800.366.3475

Is There Any Available Program Of Loan Forgiveness For Nurses In Florida?

Perhaps you were not eligible to get the loan forgiveness award. However, there are still some ways to get it. For example, you can try major federally funded option for your nurse loan forgiveness program. You can use the NURSE Corps Loan Payment Programs. The program is popular as NHSC. In addition, there is also Perkins Loan Discharge, The Public Service Loan Forgiveness Program. Lastly, you have the opportunity to get Loan Cancellation for Nurses.

In case that you are a nurse with a private loan and you are not qualified to get the federal loan forgiveness program, the viable option is refinancing. It is possible for you to check the rates that you would qualify for from some of the top refinancing lenders. It only takes two minutes to check the rates and the potential savings.

There are some federal student loan forgiveness programs available for nurses as below:

1.     NURSE Corps Loan Repayment Program

This program is a competitive program to provide care, especially in underserved communities across U.S.A. The participants must be registered nurses from the accredited schools with the commitment to serve at a defined critical shortage facility for two years.

The participant will get 60% of the existing loans paid for. In addition, they have the option to extend the third year with the extra 25% forgiven. The funding depends on the facility and the financial need. To become eligible for the repayment, the participant must serve 32 hours minimum per week.

2.     Federal Perkins Loan Discharge/Cancellation

This loan forgiveness is available to graduating nurses that have Federal Perkins loans. They should submit the application through their university.

The loan provides 100% of forgiveness available after five years of the qualified nursing employment. To participate, the participants must be registered and licensed nurses.

Those are all about the loan forgiveness for nurses in Florida. To summarize, it does not matter if you are not acceptable for the state loan forgiveness. Still, there are many ways available that you should try. Your university, your friends, and your communities can be the best source to get more information about the loan forgiveness.

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