New student loan redemption program to support home and community-based workers

A new student loan redemption program has been announced to benefit health care, behavioral health, and social services professionals serving those with medical needs, behavioral and/or mental health conditions, and disabilities, announced the New Jersey Department of Human Services, Department of Children and Families, and the Higher Education Student Assistance Authority. Under the new Home and Community-Based Services (HCBS) Provider Loan Redemption Program, eligible workers can receive up to $50,000 in loan relief in exchange for one year of service at an approved home- and community-based services provider agency or as a self-directed employee.