Student Loan Repayment Program
Where can I find more information on the HSHS Student Loan Repayment Program?
Click
here to access the HSHS Student Loan Repayment Program FAQs.
Who is eligible for the HSHS Student Loan Repayment Program?
HSHS full time (regularly scheduled/budgeted to work 36 or more hours a week) Registered Nurses, Advanced Practice Nurses, Physician Assistants and Certified Registered Nurse Anesthetists (CRNA) starting January 1, 2019.
RNs are limited to the following job codes:
2410: RN
2412: RN/Clinic
2413: RN/Critical Care
2464: RN/Telehealth
2561: RN/License Pending
2493: Facilitator/Clinical RN
2522: RN/Flight Nurse
2560: RN/First Assist
2697: RN/Physician Practice
2781: RN/Float
2911: Facilitator/Clinical Nursing
2100: RN/Occ. Health
How much is contributed to my student loan through the HSHS Student Loan Repayment Program?
- HSHS will contribute $100 per month directly to your student loan servicer for approved and eligible loans.
- The loan must be a qualified education loan in your name and in good standing.
- Lifetime maximum benefit is $18,000.
Is there a waiting period before I am eligible to use the HSHS Student Loan Repayment Program?
The program is available to eligible colleagues who have completed two full bi-weekly pay periods of active employment. An email invitation will be sent to your HSHS business email account to notify you that you are eligible to participate.
What is the deadline for submitting the Student Loan Repayment application and how quickly will I see my first payment?
Applications must be received by the 10th of the month to be considered for HSHS contributions starting the following month.
- Example: When an application is submitted and approved by December 10, 2023, the first HSHS contribution will take place in January 2024.
Do I have to repay my student loan payments if I leave HSHS?
No. However, if you leave employment with HSHS or become ineligible for the program your monthly contributions will cease immediately.