Nebraska Administrative Code
Topic - HEALTH AND HUMAN SERVICES SYSTEM
Title 183 - FINANCIAL ASSISTANCE
Chapter 5 - NURSING STUDENT LOAN PROGRAM
Section 183-5-007 - PROVISIONS FOR LOAN FORGIVENESS
Current through September 17, 2024
The specific provisions for allowing loan forgiveness include:
(A) A $1,000 loan issued under the Act is forgiven upon verification that the recipient has engaged in nursing practice in Nebraska for a total of 1,872 hours (one year). There is no loan forgiveness for partial years of practice. For recipients of 2 $1,000 loans, the second $1,000 is forgiven upon verification of an additional 1,872 hours of nursing practice in Nebraska.
(B) Verification of total hours of practice by the employer or other qualified persons serves as the basis for determining that a recipient has met the requirement for loan forgiveness.
(C) Confirmation of loan forgiveness is mailed to the recipient at his or her current address of record.
