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Reading: State launches pupil mortgage compensation program for nurses
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Michigan Post > Blog > Michigan > State launches pupil mortgage compensation program for nurses
Michigan

State launches pupil mortgage compensation program for nurses

By Editorial Board Published April 3, 2025 2 Min Read
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State launches pupil mortgage compensation program for nurses

LANSING, Mich. (WLNS) — The Michigan Division of Well being and Human Providers has launched a pupil mortgage compensation program for nurses, which they hope will incentivize extra college students to affix the sector.

The Nurse Mortgage Reimbursement Program will present as much as $300,000 in tax-free funds to profitable candidates. These funds can be utilized to repay pupil debt over 4 years for these working at state psychiatric amenities or over as much as 10 years for different eligible apply websites. This system has round $9 million obtainable for disbursement.

“Nurses are the backbone of the health care system, providing essential care to patients in hospitals, clinics, schools and homes,” stated Elizabeth Hertel, MDHHS director. “Well being care amenities throughout the state are going through nursing shortages and this mortgage compensation program will assist suppliers recruit and retain nurses to supply very important care to sufferers.”

This system would require profitable candidates to stay employed for two years for at least 40 hours per week for a minimum of 45 weeks per 12 months. They need to work at eligible non-profit apply websites or in public college settings.

Purposes are open now by means of June 4. To be taught extra about this system, go to the NLRP webpage right here.

TAGGED:LaunchesloannursesProgramrepaymentstateStudent
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