New York establishes a loan forgiveness program for child care providers with undergraduate or graduate degrees from state colleges or universities.
The New York state child care provider loan forgiveness program grants student loan forgiveness awards to eligible child care providers. To qualify, applicants must have earned an undergraduate or graduate degree from an accredited two or four-year college or university in New York, have outstanding student loan debt, comply with certain regulations, and be employed full-time as a child care provider in the state. Awards are up to $10,000 per year for four years, not exceeding the total student loan debt. The program aims to increase the number of child care providers in the state.
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