New York proposes a loan forgiveness incentive program for child care professionals.

New York A00241 establishes the child care professionals loan forgiveness incentive program. This program offers student loan forgiveness awards to eligible applicants who commit to employment in the child care field. To qualify, applicants must be New York residents, have graduated from an approved institution of higher education, and have outstanding student loan debt. Awards are granted competitively and are capped at $25,000. Recipients must have completed twelve months of service as a child care professional in a licensed or registered child day care facility.

New York proposes a loan forgiveness incentive program for child care professionals.

New York A00241 establishes the child care professionals loan forgiveness incentive program. This program offers student loan forgiveness awards to eligible applicants who commit to employment in the child care field. To qualify, applicants must be New York residents, have graduated from an approved institution of higher education, and have outstanding student loan debt. Awards are granted competitively and are capped at $25,000. Recipients must have completed twelve months of service as a child care professional in a licensed or registered child day care facility.