Iowa Student Loan Nursing Education Loan Forgiveness Program
Benefits Schedule
The following schedule applies to applicants approved during the 2008 – 2009 academic year or after.
| Years of Employment |
Forgiveness % |
Nursing Educator |
RN Long-Term Care Facilities |
| 1 |
15% |
$3,000 |
$1,500 |
| 2 |
25% |
$5,000 |
$2,500 |
| 3 |
30% |
$6,000 |
$3,000 |
| 4 |
30% |
$6,000 |
$3,000 |
| Total |
100% |
$20,000 |
$10,000 |
| Benefit Schedule For |
| See the schedule for recipients approved from fall 2004 through spring 2008. |
Partial forgiveness is made after one year of service, building to 100% forgiveness after four years of service.
*Part-time employment may qualify for partial year forgiveness (nurse educators only).
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