Canada Student Loan forgiveness for family doctors and nurses - How much you could receive
How much you could receive
As a family doctor or resident in family medicine, you could receive up to $40,000 in Canada Student Loan forgiveness over a maximum of five years ($8,000 per year).
If you are a nurse or nurse practitioner and you qualify, you could receive up to $20,000 in Canada Student Loan forgiveness over a maximum of five years ($4,000 per year).
Note: Loan forgiveness will apply to your outstanding loan principal balance after the end of your 12 months of service. You will be required to keep making regular interest payments.
Your five years of service in an under-served rural or remote community do not have to be consecutive. Provided you have a Canada Student Loan balance at the end of each year of service in an under-served rural or remote community, you will qualify for loan forgiveness for five years.
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