Get up to $40,000 in student loan repayment
Soon, you'll be able to launch your nursing career and make a huge impact by working in nursing homes in underserved and rural areas.
Up to $40K
max loan repayment
for qualified RNs and LPNs
$10K
incentive stipend
to supplement your income
Nationwide
applicants will be accepted from all states and territories
with nursing opportunities in qualifying nursing homes
Opportunities at a glance
Financial incentives for RNs, LPNs & LVNs
- CMS will soon provide student loan repayment and incentive stipends for qualified RNs and LPNs/LVNs
- Contingent on 3-year commitment at qualifying nursing homes
- Will help reduce your education debt while you build experience
Loan repayment and incentive stipend
- Up to $40,000 in student loan repayment
- Up to $10,000 as an incentive stipend for living expenses
- Supports nurses serving rural and undeserved communities
Get up to $40,000 in loan repayment if you ...
- Are graduating or have recently graduated
- Are a currently employed RN or LPN/LVN with qualifying student loans
- Work an average of 30+ hours/week per quarter in a qualified facility
- Can commit to 3 years of service
When the program is open for applications, you should apply shortly before or after obtaining your license. Once licensed, you can begin applying to qualifying facilities for employment. After starting employment, you can qualify for payments each quarter of your three year commitment.
Program requirements
To qualify for up to $40,000 in financial support and a $10,000 incentive stipend, you’ll need to meet these core requirements.
Active nursing license
You’ll need to hold a current RN or LPN/LVN license in good standing.
Qualifying facility
You must work at a qualified nursing home or in an oversight role with a state agency to receive payments.
Minimum 30 hours a week
You must work an average of 30 or more hours a week over each quarter over a period of 3 years.
Get notified when applications open
Sign up to get updates on the program launch, eligibility details, and how to apply.
Applications will open when the program launches in the upcoming months. More details about the program will be available at that time.
Ready to get started?
Sign up to learn how to become one of thousands of nurses making a difference in communities across the country. We will provider you with news about applying for loan repayment when the program is ready to accept applications.
Page Last Modified:
04/23/2026 10:52 AM