Two new Maine programs will now provide approximately $2 million in funding to help health care students pay back their student loans. The programs, unveiled on Tuesday by Gov. Janet Mills, will cover up to $75,000 in loan repayment over a period of three years for medical, dental and behavioral health workers and up to $40,000 in loan repayment for nursing educators, according to the Portland Press Herald. The programs are financed through the Finance Authority of Maine, and could provide loan repayment assistance for up to 26 awards of $75,000 or 50 awards of $40,000. To be eligible for the program, a health care worker must commit to working in Maine for at least three years, and apply for the program by Sept.

Sections:  u.s.   
Topics:  Maine   Penobscot County   Bangor   
BING NEWS:
  • $38 million announced for new student loan repayment funding
    Good news for health care workers still paying off student debt. The Healey-Driscoll Administration announcing more than 38-million dollars in new loan repayment funding available through the Mass ...
    11/14/2024 - 11:14 pm | View Link
  • Healey announces $38 million in student loan repayment funding aimed at health care pros
    The Healey administration is making available millions of dollars in student loan repayment funds aimed at supporting healthcare professionals.
    11/14/2024 - 4:12 am | View Link
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