Will Alaska pay off my student loans?

Alaska has one student loan forgiveness program that is specific to just the State of Alaska. If you have private student loans, it might make more sense to refinance your loans and see if you can get a lower interest rate and payment. …

Does Alaska pay for medical school?

Alaska WWAMI Payback Obligation The education of all Alaska WWAMI medical students is subsidized by the State of Alaska via payments to the University of Washington School of Medicine. The State of Alaska views these subsidies as loans that are repayable once medical education is complete.

Does Kaiser offer loan repayment?

The main Kaiser Loan Repayment Program will pay up to $20,000 of student loans for its medical personnel. To have your loans forgiven, you’ll need to secure a qualifying employment position with Kaiser Permanente in Northern California. The maximum amount of forgiveness per year of employment is $3,375.

What is the default rate on student loans?

Report Highlights. One out of every ten Americans has defaulted on a student loan, and 7.8% of all student loan debt is in default. An average of 15% of student loans are in default at any given time.

Is there a medical school in Alaska?

Alaska’s Medical School WWAMI is a collaborative medical school among universities in five northwestern states, Washington, Wyoming, Alaska, Montana, and Idaho and the University of Washington School of Medicine. The Alaska WWAMI Program began at the University of Alaska Fairbanks (as WAMI) in 1971.

Does UCLA qualify for PSLF?

The University of California is a qualified employer for the PSLF program.

What to do about student loan repayment in Alaska?

If you are having trouble making payments on your student loans, the Alaska Commission on Postsecondary Education (ACPE) may be able to help. ACPE offers repayment options tailored to your needs.

When did the Alaska student loan program start?

* State education loans from program inception through the 2001-02 school year are identified as Alaska Student Loans (ASL). State education loans awarded after the 2002 school year are identified as Alaska Supplemental Education Loans (ASEL). It is important to note that terms and conditions associated with these loans vary.

What happens if I default on my state education loan?

If your loan continues in a delinquent status, you may default on your loan. Delinquency and default are very serious, and the consequences can harm your credit and hinder your ability to borrow money for future purchases. If your state education loan becomes 180 days past due, you are legally in default.

What kind of loans are available in Alaska?

A low-cost loan option for Alaskan students to use for postsecondary education in-state, out-of-state, or for career training program. Great alternative to private loans and/or federal PLUS loan.