Nursing Loan-For-Service Program

🏆 Available: 1
💰 $12,000
⏳ 07/01

Scholarship Description

The purpose of the Nursing Loan-For-Service is to increase the number of nurses in areas of the state which have experienced shortages by making educational loans to students entering nursing programs. As a condition of each loan, the student shall declare his/her intent to practice as a health professional in a designated shortage area within the state of New Mexico. For every year of service provided in a designated shortage area within New Mexico, a portion of the loan will be forgiven. If the entire service agreement is fulfilled, 100% of the loan is eligible for forgiveness. Penalties will be assessed if the service agreement is not satisfied.

Eligibility Requirements

  • Type of institution award is open to: four-year college

Application Requirements

  • Application form required
  • Financial need analysis required

How To Apply

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Donor: New Mexico Commission on Higher Education

The organization promotes and coordinates high quality postsecondary education partnerships that are responsive to changing needs and serve all New Mexicans.

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