Supporting Your Financial Future While You Serve Your Community
At Family Medical Centers, we are committed to investing in our team’s success—both professionally and personally. As part of our comprehensive employee benefits, we offer access to a variety of student loan repayment and forgiveness opportunities to help reduce the burden of educational debt. Explore the programs below to learn how you may qualify:
Public Service Loan Forgiveness (PSLF) Program
The PSLF Program forgives the remaining balance on Direct Loans after 120 qualifying monthly payments under a qualifying repayment plan while working full-time for a qualifying employer.
Eligibility:
- Must be employed full-time by a government or non-profit organization (like ours!)
- Must have federal Direct Loans (or consolidate other federal loans into a Direct Loan)
- Must make 120 qualifying payments under an eligible income-driven repayment (IDR) plan
- Must submit an annual Employment Certification Form (ECF)
Why It’s Great:
After 10 years of qualifying service, your remaining loan balance may be forgiven—tax-free.
National Health Service Corps (NHSC) Loan Repayment Program
The NHSC LRP offers loan repayment opportunities to licensed health care providers who commit to working at an approved NHSC site in a Health Professional Shortage Area (HPSA).
Eligibility:
- Must be a U.S. citizen or national
- Must be a licensed provider in eligible disciplines (e.g., primary care physicians, nurse practitioners, dentists, and behavioral health providers)
- Must work at a NHSC-approved service site
- Must commit to full- or part-time service for at least two years
Award Amounts:
- Up to $75,000 for a 2-year full-time commitment
- Up to $37,500 for a 2-year half-time commitment
Nurse Corps Loan Repayment Program
The Nurse Corps LRP helps registered nurses, advanced practice nurses, and nurse faculty repay up to 85% of unpaid nursing education debt in exchange for a three-year service commitment at a Critical Shortage Facility or eligible nursing school.
Eligibility:
- Must be a registered nurse (RN), advanced practice RN, or nurse faculty
- Must work at an eligible Critical Shortage Facility or accredited school of nursing
- Must have completed nursing education and be licensed
Award Details:
- Up to 60% of unpaid nursing student loans for the initial two-year commitment
- Option for an additional third year commitment for up to an additional 25%
Student Loan Payment Assistance Program
Our organization is committed to supporting the financial well-being and ongoing professional development of our employees. The Center’s Student Loan Payment Assistance Program is designed to assist employees in obtaining loan forgiveness and/or loan payment reimbursement through federal, state, and/or other applicable programs.
Eligibility:
- Be a full-time employee and maintain full-time employment throughout participation in the program
- Have outstanding student loans that meet the eligibility requirements of applicable forgiveness/reimbursement programs
- Comply with all application and documentation requirements of applicable forgiveness/reimbursement programs throughout participation in the program.
- Be in good standing with the organization
Benefit Amount:
- Reimbursement amounts vary based on your role and hours worked
- Paid directly to the employee each month upon proof of payment
The above information is provided for informational purposes only and does not constitute a promise or guarantee of reimbursement/acceptance into any specific loan repayment program. The terms and conditions of the program described herein are subject to change at any time at the sole discretion of the Center.
