New York S00164 establishes a loan forgiveness incentive program for child care professionals, offering awards to eligible graduates with student.

New York S00164 creates the child care professionals loan forgiveness incentive program. This program offers student loan forgiveness awards to eligible applicants who commit to working in the child care field. To qualify, applicants must be New York residents, have graduated from an approved higher education institution, and have outstanding student loan debt. Awards are granted competitively and distributed over five years, with 20% awarded each year. The total award amount cannot exceed $25,000.

New York S00164 establishes a loan forgiveness incentive program for child care professionals, offering awards to eligible graduates with student.

New York S00164 creates the child care professionals loan forgiveness incentive program. This program offers student loan forgiveness awards to eligible applicants who commit to working in the child care field. To qualify, applicants must be New York residents, have graduated from an approved higher education institution, and have outstanding student loan debt. Awards are granted competitively and distributed over five years, with 20% awarded each year. The total award amount cannot exceed $25,000.