Loan Forgiveness Programs

 

If you’re working for a nonprofit organization and are considering college to advance in your career, or working for a nonprofit organization with the burden of student loan debt, you may be eligible for educational assistance programs to help you afford to stay at the organization you’re passionate about.

MAKE AN IMPACT.

Lessen your burden of debt.

NYS District Attorney and Indigent Legal Services Attorney Loan Forgiveness Program

Awards are offered to retain experienced attorneys employed as District Attorneys, Assistant District Attorneys or Indigent Legal Services Attorneys throughout New York State. Learn more.

NYS Licensed Social Worker Loan Forgiveness Program

Awards are made annually to social workers licensed to practice in New York State who have at least one year of prior employment working in a critical human service area. (home care, health, mental health, substance abuse, aging, HIV/AIDS and child welfare or communities with multilingual needs.) Learn more.

NYS Child Welfare Worker Loan Forgiveness Incentive Program

Provides student loan forgiveness awards to applicants that agree to work as a child welfare worker at a voluntary not-for-profit child welfare agency in New York State on a full-time basis for five years. Recipients can receive awards up to $10,000 per year for up to 5 years. Learn more.

NYS Teacher Loan Forgiveness Program

The NYS Teacher Loan Forgiveness Program is offered to increase the number of teachers serving in NYS. It provides loan forgiveness awards to teachers serving in high need school districts or subject areas for which a shortage of teachers exists. Learn more.

The New York State Child Welfare Worker Loan Forgiveness Incentive Program

Provides student loan forgiveness awards to applicants that agree to work as a child welfare worker at a voluntary not-for-profit child welfare agency in New York State licensed by the Office of Children and Family Services (OCFS) on a full-time basis for five years. Recipients can receive awards up to $10,000 per year for up to 5 years. Learn more.

NYS Get On Your Feet Loan Forgiveness Program

The NYS Get on Your Feet Loan Forgiveness Program provides up to 24 months of federal student loan debt relief to recent NYS college graduates who are participating in a federal income-driven repayment plan whose payments are generally capped at 10 percent of their discretionary income. Learn more.

Public Service Loan Forgiveness Program

The Public Service Loan Forgiveness Program is intended to encourage individuals to enter and continue to work full time in public service jobs. Borrowers may qualify for forgiveness of the remaining balance of their Direct Loans after they have made 120 qualifying payments on those loans while employed full time by certain public service employers. Learn more.