Included below are some resources for loan forgiveness programs and service-based loan repayment assistance programs. We hope these resources are helpful as you plan for the investment of a graduate program.

Federal Student Aid

Public Service Loan Forgiveness (PSLF) – (PDF)

The PSLF Program is intended to encourage individuals to enter and continue to work full-time in public service jobs. Under this program, you may qualify for forgiveness of the remaining balance due on your William D. Ford Federal Direct Loan Program (Direct Loan Program) loans after you have made 120 qualifying payments on those loans while employed full-time by certain public service employers.

Health Resources and Services Administration

Faculty Loan Repayment Program (FLRP)

Behavioral and Mental Health professions faculty from disadvantaged backgrounds can receive up to a maximum of $40,000 towards repayment of their student loans in exchange for educating tomorrow’s clinicians.¬†Applicants with full-time or part-time employment at an eligible health professions school and a written agreement with the eligible health professions school to provide a full or partial match equal to the FLRP loan repayment will be funded first. If funds remain, applicants with full-time or part-time employment at an eligible health professions school will be funded. Part-time participants will be funded based on the percentage of a full-time position he or she works.

National Health Service Corps

Competitive program for primary care medical, dental and mental health clinicians working at approved NHSC facilities in Health Professional Shortage Areas. Full-time clinicians working at high-need sites can receive $60,000 for their initial 2-year commitment and may be eligible to apply for additional years of support to repay their student loans. Part-time opportunities also available.

Peace Corps

Volunteer Work Loan Forgiveness

Working in the Peace Corps allows you to use your knowledge and skills to help needy people in the United States and internationally. In the Peace Corps, volunteers make a real difference in the lives of real people with two years of service in more than 70 developing countries. The Peace Corps asks members to make a two-year commitment, but you can work longer if you desire. Peace Corps members can receive scholarships, reduced tuition, and academic credit toward advanced degrees at many universities. In the Peace Corps, after a year of service, you can apply for deferment of Stafford, Perkins, and consolidation loans, as well as partial cancellation of Perkins Loans-fifteen percent for each year of service, up to seventy percent total.

Additional Resources

100 Ways to Get Rid of Student Loans Without Paying Them