Immigrant Health Care Professional can consider B.C. loan forgiveness program for their professional update need

27 Dec

By: http://www.skybluecross.org

Overview: Who can apply?
Recent graduates in some specific professions can have their B.C. student loans forgiven by agreeing to work at publicly funded facilities in British Columbia. In some cases, eligibility also includes working in an under served area of B.C.
The eligible professions are:
nursing
nurse practitioner
medicine, including residents
midwifery
pharmacist
speech language pathology
pediatric occupational therapy
audiology
pediatric physiotherapy
teachers for the visually impaired
teachers for the deaf and hard of hearing
technology education teachers
school psychologists
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Immigrant Health Care Professional can consider B.C. loan forgiveness program for their professional update need
How does it work?
If you qualify for the program, the government of British Columbia will forgive your outstanding B.C. student loan debt at a rate of 33 1/3 per cent per year. After three years, your B.C. student loans will be paid in full.
While you are in the loan forgiveness program, the provincial government will also pay any outstanding interest that accumulates during each year you are registered in the program.

Professionals who receive B.C. loan forgiveness may work full-time, part-time, casual or on-call.
Eligibility criteria
To qualify for the B.C. loan forgiveness program, you must:
Have B.C. student loans in good standing.
Be in student loan repayment.
Not be enrolled in full-time post-secondary studies.
Have graduated from an accredited post-secondary institution in the time-frame required by the program for different professions (see below).
Be employed at a publicly funded facility, as described below.
Nursing, medical, midwifery and pharmacy graduates
You are eligible for B.C. student loan forgiveness if:
You graduated (or your study program ends) after Aug. 1, 2000.
You are employed at a publicly funded facility in an underserved B.C. community.
Speech language pathology, occupational therapy, audiology and physiotherapy graduates
You are eligible for B.C. loan forgiveness if:
You graduated (or your study program ends) after Dec. 1, 2004.
You are employed at a publicly-funded facility, working with children.
Teachers for the deaf and hard of hearing , teachers for the visually impaired, school psychologists, technology education teachers
You are eligible for B.C. loan forgiveness if:
You graduated (or your study program ends) after April 1, 2007.
You are employed at a publicly funded facility or school district in B.C.

Eligibility for the loan forgiveness program is not subject to appeal.

Application form
B.C. loan forgiveness application  Forms are also available at your school’s financial aid office.
How to apply for registration in the program
Complete your application form.
Submit your application form to StudentAid BC, along with the original, current within one month, letter from the publicly funded facility or health authority you are working for, confirming your employment. Electronic versions of employment letters will not be accepted. Please note:
If you are in private practice, you must have a practitioner number and submit a letter from your health authority confirming that you serve in the community.
If you are a professional under contract to the Province of British Columbia, your employment letter must also include the contract number and ministry involved.
If you are a midwife, you must also submit a letter from the Association of Midwives confirming your registration.
Submit an official sealed transcript from your post-secondary school proving that you have fulfilled graduation requirements.

If your StudentAid BC file is under audit, your application for loan forgiveness will not be processed until the audit is complete.
Your responsibilities

At the end of each 12 months of employment under the loan forgiveness agreement, within 30 days you must submit to StudentAid BC a letter from your employer confirming that you have completed 12 months of employment.
To maintain your registration in the program, you must submit a B.C. loan forgiveness application at the beginning of each year, including the third year you are employed in a publicly funded facility in an underserved community or a designated vacancy in British Columbia.
Need a loan for your urgent need? www.Paydayloan.ca may able to help, no Credit check.
Reference Source: http://www.aved.gov.bc.ca

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