California Student Loan Forgiveness Programs
California has several student loan forgiveness programs that are specific to just the State of California.
However, residents of the State of California can also potentially qualify for various Federal student loan forgiveness programs.
You can find a great list of Federal student loan forgiveness programs here: Top Student Loan Forgiveness Programs.
If you have private student loans, it might make more sense to refinance your loans and see if you can get a lower interest rate and payment. We recommend Credible for student loan refinancing because you can find out in 2 minutes or less if it's worth it. Try out Credible here.
If you want to get one-on-one help with your student loan debt, I partner Ameritech Financial. You can call them 24 hours a day and talk to them for free: 1-866-863-3870. You can also get information on their website here: Ameritech Financial.
California Loan Forgiveness Programs
Program: Steven M. Thompson Physician Corps Loan Repayment
§ Be an allopathic or osteopathic physician
§ Be free of any contractual service obligations (i.e the National Health Service Corps Federal Loan Repayment Program or other financial incentive programs)
§ Have outstanding educational debt from a government or commercial lending institution
§ Have a valid, unrestricted license to practice medicine in California
§ Be currently employed or have accepted employment in a Health Professional Shortage Areas (HPSA) in California
§ Commit to providing full-time direct patient care in a HPSA for a minimum of three (3) years
Program: California State Loan Repayment Program
- Amount: Up to $50,000
- Description: SLRP authorizes repayment of educational loans to health professionals, who in turn must commit to practice in medically underserved areas in public or non-profit entities for a minimum of two years and maximum of four years.
§ Possess a current unrestricted CA license to practice
§ Be a US citizen
§ Be free from judgments arising from federal debt
§ Not have any existing service obligations for other programs
§ Not be in breach of any health service obligation
§ Be current on any child support payments
§ Be employed at a SLRP eligible site
§ Commit to full-time or half-time two-year service obligation
- How To Apply: Go here to apply https://calreach.oshpd.ca.gov/Login2.aspx?APPTHEME=CAOSHPD
- Program Information: http://www.oshpd.ca.gov/hwdd/slrp.html
Program: CDA Foundation Student Loan Repayment Grant
§ Graduate from an American Dental Association accredited dental school within 3 years of application or be poised to graduate within 3 months of application
§ Be eligible to practice dentistry in California
§ Be a legal citizen or resident of the US
§ Submit an application packet
§ Have outstanding student loans
§ Sign a binding contract to serve a minimum of 36 months
§ Secure employment with an eligible work site
§ Provide at least 30 hours of hands-on dental work per week
§ Not be in default or have judgment on student loans
Return to Student Loan Forgiveness Programs by State.