Montana Nursing Student UAP Loan Forgiveness Program

MONTANA HEALTH NETWORK
Type Loan Forgiveness
Amount $4,000

Description

This program provides recognition and financial support to students majoring in a needed medical dicipline in an effort to attract and retain outstanding clinicians in Montana.

Employment Requirements

Loans are available to students beginning the first semester of their sophomore year for a two year program or the first semester of their senior year for a four year program through the final semester of their nursing program. Upon graduation, those who have received the loan are expected to accept offered full time employment* at a Montana Health Network (MHN) loan participating facility**.

 

Eligibility to Apply

  1. Students must be entering at minimum their first semester sophomore year of a two year program or their first semester senior year of a Baccalaureate Program.
  2. Students must show proof of enrollment in an approved clinical program. Baccalaureate students must also provide proof of placement into upper division
  3. Students must submit an official transcript of studies showing a current GPA of 2.5 or greater.

Loan Distribution

  1. Recipients will receive $2,000 (up to $4,000 total), paid directly to their school each semester. Loans are intended to be applied towards tuition and school supplies. Financial need is not a criterion for loan approval.
  2. Prior to initial funding and following each completed semester, recipients must submit an official transcript demonstrating a current GPA of 2.5 or greater.
  3. Recipients who fail to maintain satisfactory academic progress must return any remaining part of their loan immediately.
  4. Recipients who discontinue their employment with a MHN participating facility prior to completing their expected term of employment are expected to return the corresponding amount of funds immediately. (Example: An individual who works half of the agreed upon term must return half of the funding.)

More Information

http://www.raconline.org/success/project-examples/718

MONTANA HEALTH NETWORK
Attn:Loan Program
11 SOUTH 7TH STREET, SUITE 241
MILES CITY, MT 59301
Phone: (406) 234-1420
Fax: (406) 234-1423
Email: chopkins@montanahealthnetwork.com