New Loan Forgiveness Program for Family Doctors and Nurses
Eligibility and Benefits
Eligible medical professionals can apply for up to $30,000 in Canada Student Loan forgiveness over a maximum of 12 years. This forgiveness is available to family doctors and nurses who are enrolled in the program and meet certain requirements, such as:
- Graduating from an accredited medical or nursing program
- Practicing in a designated underserved area
- Providing primary care services to patients
Impact on Healthcare Access
The loan forgiveness program aims to address the shortage of family doctors and nurses in underserved communities. By reducing the financial burden of student loans, the program encourages these professionals to enter and remain in these areas, ultimately improving access to essential healthcare services for Canadians.
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