New Jersey Student Loan Forgiveness Programs
New Jersey has several student loan forgiveness programs that are specific to just the State of New Jersey.
However, residents of the State of New Jersey 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 with 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.
New Jersey Loan Forgiveness Programs
Program: John R. Justice Federal Student Loan Redemption Program
§ Must be currently employed full-time as an eligible prosecutor or public defender, and
§ Must have eligible outstanding student loan debt in good standing with each lender
§ Must sign a service agreement committing to remain employed as an eligible public defender or prosecutor for at least three years
Program: Primary Care Physician and Dentist Loan Redemption Program
§ Be a resident of the State of New Jersey
§ Be licensed to practice in the State of New Jersey;
§ Secure an undergraduate medical school, dental school, or other primary care professional school faculty member’s recommendation for program participation;
§ Execute a contact for a minimum period of 2 years, which includes a six-month probationary period
§ In the case of a physician, have completed an accredited residency training program and received a recommendation from the director of the training program concerning participation in the loan redemption program;
§ Agree to practice primary care medicine, dentistry, or another primary care profession in a State designated underserved area;
§ Not be in default on any qualifying student loan;
§ Service must begin within two years of the completion of training or residency.
Program: Nursing Faculty Loan Redemption Program
§ Be a resident of the State of New Jersey and maintain domicile in the State during participation in the program;
§ Have obtained a degree from an approved graduate degree program
§ Have maintained a GPA of 3.0 or higher on a scale of 4.0, or its equivalent while enrolled in an approved graduate degree program;
§ Be hired for full-time faculty employment on or after July 1, 2010 at a school of nursing in the State of New Jersey. Employment must begin within one year of completing approved graduate program;
§ Complete five years of employment as full-time nursing faculty at a school of nursing in the State of New Jersey;
§ Have an outstanding balance with a State or Federal student loan program and not be in default on any student loan.
Return to Student Loan Forgiveness Programs by State.