Nurse or Medical Technician Cancellation

A borrower may be entitled to receive cancellation benefits for full-time service as a nurse providing health care services or as a full-time medical technician providing health care services. The borrower must provide health care services directly to patients.

The cancellation rate for each completed year of service is as follows;

• 15% of the original principal loan amount plus accrued interest for the first and second years of service.
• 20% of the original principal loan amount plus accrued interest for the third and fourth years of service.
• 30% of the original principal loan amount plus accrued interest for the fifth year of service.

Maximum Amount Canceled – Up to 100%

Download Request for Cancellation