Other Loan Forgiveness Options

Student loan forgiveness is a type of incentive, intended to encourage and reward service in various fields such as volunteer work, military, teaching, and medicine. While some borrowers may qualify for federal forgiveness programs, others can take advantage of these private forgiveness and loan repayment options.

The following are some of the more common forgiveness/repayment programs for student loan borrowers.

Forgiveness Programs for Volunteers

AmeriCorps and AmeriCorps VISTA

Serve 12 months and receive stipends in the form of a Segal Education Award. This provides funds to be used towards your education or to repay student loans. Call (800) 942-2677 for additional information or for VISTA members, call (202) 606-5000.

Peace Corps

Volunteers can apply for partial cancellation of their Perkins Loans. Call (800) 424-8580 or (202) 692-1845 for more information or visit PeaceCorps.gov.

Forgiveness Programs for Military Members

Health Professionals Loan Repayment Program (HPLRP)

Health professionals that have student loans to repay may be eligible to have their loans paid for by the military under the HPLRP. For more information, visit Military.com.

Army College Loan Repayment Program (LRP)

This program is considered a special incentive for highly qualified applicants entering the Army. The Army will repay up to $65,000 of a soldier’s qualifying educational loans. For more information, visit MyArmyBenefits.us.army.mil.

Navy Loan Repayment Program

Like the Army, the US Navy will also repay up to $65,000 of an active member's qualifying education loans. For more information, visit Navy.com.

Air Force College Loan Repayment Program (CLRP)

The Air Force will provide up to $10,000 per recruit to be used toward educational debt. To take advantage of this program, participants must sign up as part of their enlistment contract. For more information, visit AirForce.com.

National Guard Student Loan Repayment Program (SLRP)

The National Guard SLRP will repay up to $50,000 of federal student loan debt (excludes private education loans). For more information, visit NationalGuard.com.

Forgiveness Programs for Health Professionals

National Institutes of Health (NIH)

NIH encourages health professionals to pursue careers in biomedical, behavioral and clinical research. If you commit to a minimum of 2 years of qualified research funded by a domestic nonprofit organization, U.S. federal, state or local government entity, NIH will repay up to $35,000 of your qualified student loan debt per year. For more information, visit lrp.nih.gov.


Devoted registered nurses with the commitment to care for underserved people within hospitals or clinics in certain communities can have 60% of their outstanding nursing student loans paid off in 2 years and an additional 25% of the original balance on the voluntary third year. For more information, visit hrsa.gov.

National Health Service Corps

NHSC offers primary care medical, dental, mental and behavioral health providers the chance to have their student loans repaid while serving areas with inadequate care. For more information, visit nhsc.hrsa.gov.

For more forgiveness, repayment, and scholarship options for health professionals, visit the Association of American Medical Colleges' database at aamc.org.

Student Loan Repayment for Federal Employees

The federal student loan repayment program permits agencies to repay federally-insured student loans as a recruitment or retention incentive for candidates or current employees of the agency. For more information, contact your Human Resources department.