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  1. www.canada.ca › en › servicesCanada Student Loan forgiveness for family doctors and nurses ...

    Nov 6, 2024 · To be eligible for loan forgiveness you must: have been employed for a full year and provided in-person services for a minimum of 400 hours in an eligible community (does not apply to residents in family medicine) have a Canada Student Loan that is in good standing (if in repayment, you must be up to date on your payments)

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      Canada Student Loan Forgiveness for Family Doctors and...

  2. www.canada.ca › en › servicesCanada Student Loan forgiveness for family doctors and nurses ...

    Nov 6, 2024 · This helps ensure more Canadians get the health care they deserve. Loan forgiveness can only be applied to outstanding Canada Student Loan balances. Loans that have been converted to a line of credit, private loan, or an Ontario Medical Resident Loan, are not eligible. Loan forgiveness only applies to the federal portion of a student loan.

  3. www.canada.ca › en › employment-social-developmentGovernment of Canada increases reach of Canada Student Loan ...

    Nov 12, 2024 · The expansion to the list of occupations eligible for the Canada Student Loan forgiveness benefit is expected to be implemented in 2025–26, subject to regulatory approvals. Associated links. Canada Student Loan forgiveness for family doctors and nurses; Canada Student Financial Assistance Program; Canada Student Financial Assistance Regulations

  4. loanscanada.ca › debt › student-loan-forgiveness-inStudent Loan Forgiveness In Canada

    • Does Student Loan Forgiveness in Canada Exist?
    • Bankruptcy: Student Loan Forgiveness in Canada
    • Student Loan Forgiveness in Canada For Doctors and Nurses
    • Student Loan Forgiveness in Canada by Province
    • Bottom Line on Student Loan Forgiveness in Canada

    In Canada, there are a few programs available to help students with their debts. In general, the government of Canada doesn’t offer any student loan forgiveness programs, except for bankruptcy. However, you can’t have your government student loans absolved through bankruptcy unless you’ve been out of school for at least 7 years.

    See full list on loanscanada.ca

    If you’re about to declare bankruptcy because you can’t afford your student loan debt, you may qualify for the Repayment Assistance Plan (RAP). Then again, bankruptcy can discharge you from your student loan debt, as long as you declare bankruptcy after at least 7 years of completing your full or part-time studies.

    See full list on loanscanada.ca

    Eligible family doctors, residents in family medicine, nurse practitioners, and nurses can get Canada Student Loan forgiveness through the federal government. However, only the federal portion of the loan can be forgiven (not the provincial or territorial portion).

    See full list on loanscanada.ca

    As mentioned, Canada Student Loan forgiveness only covers the portion that comes from the federal government. So, if you’re looking for provincial or territorial student loan forgiveness, there are other programs you can apply for, such as:

    See full list on loanscanada.ca

    While there isn’t a single program that can forgive your student loan debt in Canada, there are programs to help you manage it. Canadian students with provincial or federal student loans have the Repayment Assistance Plan (RAP) along with province-specific loan forgiveness programs. These programs can reduce the student loan debt you have and provi...

    See full list on loanscanada.ca

  5. www.csnpe-nslsc.canada.ca › en › homeWhat's New - Centre de service national de prêts aux ...

    Effective November 2023, the Government of Canada has increased the maximum amount forgivable by 50%. This means that eligible doctors can receive up to $60,000 and eligible nurses can receive up to $30,000 in loan forgiveness over a maximum of five years, on their Canada Student Loans. If you are a family doctor, resident in family medicine ...

  6. www.arnm.ca › news › canada-student-loan-forgivenessCanada Student Loan Forgiveness for Family Doctors and Nurses

    Nov 8, 2023 · The Government of Canada is happy to announce a 50% increase to the maximum amount forgivable for Canada Student Loans. Effective November 3rd, 2023, eligible medical professionals who have worked for at least 12 consecutive months in an eligible rural or remote community will be able to apply for the Canada Student Loan Forgiveness for Family Doctors and Nurses benefit under the increased ...

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  8. bealuniversity.ca › canada-student-loanCanada Student Loan Forgiveness for Doctors and Nurses ...

    Jan 23, 2024 · To be eligible for Canada Student Loan forgiveness, graduates must: Start employment as a medical professional in an eligible community on or after July 1, 2011. Be employed for a full year, providing in-person services for a minimum of 400 hours in an eligible community (excluding residents in family medicine).