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Financial Literacy Program

Loan Repayment Programs

Loan repayment programs offer an opportunity for students to reduce or eliminate their loan debt in return for choosing certain careers, military service, public service, and volunteer work. The amount of your loan forgiven or repaid under a loan repayment program may be considered taxable income. The Federal Public Service Loan Forgiveness Program, Perkins cancellations, and Stafford and Direct Loan Forgiveness offer other opportunities to reduce or eliminate your loan debt. Please check with your lenders and/or loan servicers regarding information on these programs.

MUSC students with federal Perkins Loans should contact the Student Accounting Office regarding the cancellation provisions.

Health Resources and Services Administration (HRSA)

U. S. Department of Health and Human Services

National Health Services Corps

US Department of Health and Human Services (HHS)

US Office of Personnel Management

Nursing Education Loan Repayment Program (NELRP)

Indian Health Services

State and Federal Loan Repayment Programs compiled by the American Dental Education Association

Armed Forces Loan Repayment Programs

Loan Repayment/Forgiveness and Scholarship Programs complied by AAMC

National Institute of Health (NIH)

HRSA Faculty Loan Repayment Program

Health Workforce Information Center (HWIC)

Public Service Loan Forgiveness (PSLF)



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