Who It’s For: Applicants newly hired into a high-need occupation within North Dakota.
How to Apply: To apply for loan repayment, log into the ND SAMS Portal and select the ND Career Builders Loan Repayment application.
What Loans Qualify: All Federal Student Loans, Perkins Loans, Bank of ND DEAL loan or CEAL education loans, other private alternative student loans.
How Much?: Payments may not exceed $5,667 per year, or one-third of the applicant’s outstanding student loan principal balance at the time of application, whichever is less. Payments are made over 3 years. Maximum total $17,000
Anything Else I Should Know?: The Workforce Development Council and ND Job Service review and establish the qualifying high-need and emerging occupations list (PDF) annually.