best care student loan

Best care student loan program

Whom people are eligible to receive the best care student loan? Discover and get the benefits from the best care student loan through this guideline.

The best care student loan in fact is a loan forgiveness of the Best in Care Program for the number of eligible nurses’ student loans organized by The Student Loan People (Kentucky Higher Education Student Loan Corporation). By applying the best care student loan, nurses can save and taking care their student loans.

Nurses who work full time professional and have PLUS Loans, Federal Stafford, and consolidation may qualified for the best care student loan and obtaining up to twenty percent of forgiveness each year. The nurses are including:

1. Registered Nurses (RNs), who treating patients and whether the settings of the selected task, educate the public about the differences of medical conditions.


2. Licensed Practical Nurses (LPNs), or also called as licensed vocational nurses (LVNs) who work in different settings of health care.

The best care student loan application is occur yearly each spring after July 1, 2003, and should be completed every early May. Nurses as the borrowers should contact the tax advisors for asking the potential tax consequences. Also discover about the spreading of the latest news of best care student loan and the legal issues, and how to beginning the process.

Nurses should learn the eligibility requirements of the best care student loan application, such as:

1. Nurses should have Parent Loan for Undergraduate Students (PLUS) loan, Federal Family Education Loan Program (FFELP) Stafford student loan, or Federal consolidation loan.


2. Nurses should have a valid license, “active” licensure status, and compromise with the rule of the best care student loan.


3. Full-time professional nurses who work in Kentucky.


4. A copy of nursing license and certification should be submitted with application.

Nurses who completed the eligibility requirements will have the lowest rates of the student loan forgiveness, less than balance remaining loan plus interest and costs.

The application should be filled in completely in each section.

The first section of the application is requires:

1. Borrower’s name


2. Social Security Number


3. Street address


4. Email address


5. Contact number


6. Nursing License Number


7. Borrower’s signature


8. Employment information

Section 2 of the application is about request for loan interest forgiveness. Section 3 of the application is about request for loan principal reduction. Those sections are signed by borrower and completed by Human Resources Director.

Be aware of the footnotes written in small fonts. Learn the best care student loan contract, especially the terms of the lawsuit, such as Section 846(d) and Section A-F.