Over 90% of the students currently enrolled in an eligible program participate in this option.
The Carolinas HealthCare System is pleased to offer you the CHS Educational Loan Forgiveness Program while you are enrolled in an eligible program at Carolinas College!
How Does it Work?? At the beginning of each program semester, a credit of 80% of tuition and fees is posted to your account (*up to program loan limits of $10,000 for 2-year programs and $5,000 for 1-year programs). You are responsible for the remaining balance, which can be paid for out of pocket or using financial aid.
Each semester you will fill out a promissory note that states the amount used for that particular semester. Check your student mailbox for its arrival.
How Do I Qualify?? Students enrolled in Nursing, Radiologic Technology, Surgical Technology, and Medical Technology are eligible for participation. Upon graduation you must accept full-time employment (at least 32 hours per week) in a healthcare provider position that coincides with your completed program. Employment must be at one of the following CHS facilities - CMC, CMC-Mercy, CMC-Pineville, CMC-University, Carolinas Rehabilitation, or the CPN network. One semester of the loan equals four months of work time required at an approved facility within the CHS system. If you participate in this loan but do not graduate or do not work for CHS in a qualifying position/facility the loan will be treated as a student loan and repayment with low interest will be required.
It's that easy!
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CHS SLP |