October 2, 2020
HSRA is extending the waiver of interest and extending the opportunity for administrative forbearance on health professions student loan and Nurse Faculty Loan programs from March 13, 2020 through December 31, 2020. These policies apply to borrowers to the following programs:
Health Professions Student Loan (HPSL);
Primary Care Loan (PCL);
Loans for Disadvantaged Students (LDS);
Nursing Student Loan (NSL); and Nurse Faculty Loan Program (NFLP).
Borrowers’ monthly payments will remain the same, but the full amount of the payment will be applied to already accrued interest and/or the outstanding principal. Borrowers who are unable to make payments on their loans due to the COVID-19 national emergency may request administrative forbearance.