California AB2345 establishes a supplemental loan program for medical, nursing, social work, and social welfare students to cover costs not met by.
California AB2345 creates the California Health Care Workforce Supplemental Loan Program to assist eligible students in accredited medical, nursing, social work, and social welfare programs. The program aims to fill the funding gap left by federal borrowing limits, ensuring students can cover the full cost of attendance. Eligible students must be California residents, enrolled at least half-time, and have applied for and received the maximum federal direct unsubsidized loan. Loans will have terms similar to the federal direct grad PLUS loans, with a fixed interest rate and repayment options.
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