Title:Let a VA career pay you back for school with loan forgiveness
Author:VA Careers
Date:June 2022
Source:U.S. Department of Veterans Affairs © 2022, Reprinted with permission
Trade your student debt for a promising career serving Veterans. If you're looking for help repaying your student loans, you can qualify for the Public Service Loan Forgiveness (PSLF) program with a VA career.
By cancelling loans after 10 years of public service, PSLF removes the burden of student debt on public servants and entices people to work in high-need fields. Because VA is a federal employer, new and existing VA workers with federal student loans may be eligible for this national loan forgiveness program.
Qualifying for the program
The PSLF program forgives your remaining loan balance after you have made 120 qualifying monthly payments under a qualifying student loan repayment plan while working full-time for certain employers, like VA.
Right now, the U.S. Department of Education has waived some requirements for applications submitted through Oct. 31, 2022, opening up loan forgiveness to more borrowers.
Still, though, you need qualifying employment to be considered, which is one of many reasons why you should consider a career at VA.
Investing in your future
Despite the short-term waiver that expands PSLF, the program is ongoing, which means that anyone looking for a career at VA can participate once they begin their employment.
But that's not all VA has to offer. With our Education Debt Reduction Program (EDRP), VA employees with qualifying student loans who are in specific, difficult-to-recruit direct patient care positions may receive up to $200,000 over a five-year period.
And for those looking to continue their education, the Employee Incentive Scholarship Program (EISP) offers significant support. This program provides eligible VA employees with tax-free scholarships of up to $41,572 toward the cost of higher education, including tuition, registration fees and books. In return, you agree to work at VA for one to three years after you complete the program.
We offer some of the most comprehensive employee education benefits in the nation, and we work hard to ensure you have access to tools, benefits and training that provide the personal and professional growth needed to take your career to next level.
Work at VA
A job at VA could provide some relief from your student loans and be the next step on your journey to a fulfilling career.
- READ more about Public Service Loan Forgiveness.
- LEARN about the temporary waiver that expands the PSLF program.
- CONSIDER the additional benefits of a VA career.
- SEARCH for career opportunities at VACareers.va.gov.