Good Deeds Can Be Rewarded
The US Nursing Education Loan Repayment Program (NELRP) is a program that was started by various government departments and agencies for the express purpose of flooding qualified nurses into areas where there might be a shortage. In doing this, the government has been able to provide excellent healthcare to places that tend not to attract new nurses that are fresh out of college. There are many programs like these in other career fields, but NELRP is one of the most rewarding.
Basically, the inner workings of the program allow those nurses who might otherwise struggle with the rising cost of education to be able to pay for their schooling in a matter of months instead of decades. Nurses are the backbone of the medical industry, and it is important to get these nurses where they are needed most. Thus, the Department of Education and other Federal loan assistance agencies unveiled NELRP to address the issue of medical staff shortages in problem areas.
In order for the nurse to take advantage of NELRP, there are a few steps that need to be taken; however, the rewards most definitely outweigh the risks.
What Should You Do?
First, you will want to make a phone call to Diversity and Basic Nurse Education Branch at 1(866) 813-3753. They will be able to refer you to the application process, or even mail you the application and other informative materials on program benefits and requirements.
Diversity and Basic Nurse Education Branch
Nurse Education Loan Repayment Program (NELRP)
5600 Fishers Lane, Room 9-36
Rockville, MD 20857
View more details “http://www.govloans.gov/loans/loan-details/449”
The basic plan entails that if a nurse works in an approved area for a matter of three years, NELRP will assist with up to 60% of education costs. If that nurse decides to work three years in that area, then NELRP will cover up to 85% of those costs. A nurse will also be able to apply for the third year in the even that he or she signed for only two.
If you are a nurse, be sure to check out this program, as it could be extremely rewarding. Nursing education loan repayment program for nurse faculty is also a providing boost to nurse educators.
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