Mortgage Forgiveness to have Nurses and Nurse Practitioners

The brand new Saskatchewan Student loan Forgiveness to possess Nurses and you may Nursing assistant Practitioners program is meant to notice nurses and you go to my site will nursing assistant therapists to focus in the regions of the new province with a high recruitment needs.

Performing , programs tend to unlock to the expanded Saskatchewan Education loan Forgiveness having Nurses and you can Nurse Therapists program. The brand new freshly eligible groups were Prince Albert, Moose Chin, Swift Current, Yorkton as well as the Battlefords.

Nursing professionals who been a career within the a freshly appointed neighborhood just after , would-be eligible. Candidates would have to render at least eight hundred times off service over several successive days before you apply.

1. Pros
2. Eligibility
3. Just how to Pertain
4. Apply
5. Further information

step one. Professionals

Mortgage Forgiveness to own Nurses and you can Nurse Therapists is intended to remind nurses and nursing assistant therapists to practice from inside the areas of the new province with a high employment means of the forgiving a fraction of Saskatchewan Student Money.

The amount of eligible forgiveness you could found are calculated a-year in fact it is repaid given that a decrease toward provincial education loan. Nurses and you can nurse therapists can get forgiveness of just one-fifth (20%) of their a great Saskatchewan Education loan obligations, doing $4,000 a-year, for up to five years, so you’re able to a maximum of $20,000.

The total amount of forgiveness a candidate is qualified to receive are computed to your value of new provincial education loan new day up until the initiate go out of one’s forgiveness time of the basic application. Which balance are split from the four so you’re able to determine the amount invited, doing $cuatro,000 per year.

Relevant Circumstances

Reference the rules for an extensive malfunction of beginner assistance software, such as the Financing Forgiveness having Nurses and you may Nursing assistant Specialist program.

You might be eligible for government loan forgiveness on your own Canada-Figuratively speaking. The fresh new Canada-College loans System even offers forgiveness to have nurses and you can nursing assistant practitioners, together with family relations dily drug customers. A unique application is requisite and you will offered from the Bodies off Canada.

The position