Search Target

Welcome to the SOAR database

SOAR, Scholarships and Other Award Resources, is a searchable online database of funding opportunities for current students at all levels as well as recent graduates. Please review the recommendations below for conducting a search based on your needs, interests and eligibility.

NYS Licensed Social Worker Loan Foregiveness Program

The NYS Licensed Social Worker Loan Forgiveness (LSWLF) Program is offered to increase the number of licensed social workers working in critical human service areas, including but not limited to the following fields: home care, health, mental health, substance abuse, aging, HIV/AIDS and child welfare or communities with multilingual needs.

Eligibility
An applicant must:

be a NYS resident and have resided in NYS for 12 continuous months prior to applying for this Program;
be a U.S. citizen or eligible non-citizen;
be a social worker professionally licensed to practice in NYS;
have an outstanding balance on an eligible student loan debt;
have at least one year of qualified service:
full-time employment as a licensed social worker in a critical human service area for at least 35 hours per week during the calendar year prior to his or her application. To determine if your workplace is an eligible service area, visit Eligibility by County;
be in a non-default status on a student loan made under any NYS or federal education loan program or repayment of any NYS award; and
be in compliance with the terms of any service condition imposed by a NYS award.
Eligible Student Loans
An applicant must have an outstanding balance on eligible student loan debt.

Eligible student loans include:

NYS or federal government loans, or
private student loans made by commercial entities subject to governmental examination.
This does not include Parent PLUS loans.

Award Amount
The maximum award under this Program is $26,000 or the applicant's actual eligible student loan indebtedness, whichever is less. Awards will be paid in the amount of $6,500 for each annual period of qualified service completed or the remaining loan indebtedness. If the qualified service for the first or last year of the Program is less that 12 months, those disbursements will be pro-rated based on the number of months worked.

Note: Any loan forgiveness award payment received may have tax implications. A 1099 form will be issued by the NYS Office of the State Comptroller reflecting the total loan forgiveness payment received by the recipient for the year. Any questions regarding potential tax implications should be directed to a tax professional, the Internal Revenue Service, or the NYS Department of Taxation and Finance.

Duration
Payments are available for up to four years of qualified service.

How to Apply
The deadline for the 2016 NYS Social Worker Loan Forgiveness (LSWLF) Program has passed.

Applications for the 2017 series will be available January 1, 2018.

Note: A previously designated recipient does not have to submit another NYS Licensed Social Worker Loan Forgiveness Program Application, but must request a payment each year; See Payment below.

Recipient Selection
The number of awards paid under this Program is limited to available funding; a recipient is not guaranteed a payment in each following year, however, priority is given to prior recipients seeking payment.

Website:
http://www.hesc.ny.gov/repay-your-loans/repayment-options-assistance/loan-forgiveness-cancellation-and-discharge/nys-licensed-social-worker-loan-forgiveness-program.html

Deadline:
vary by year, check website

Application Procedure:

Eligible to Apply:

Undergraduate: None

Graduate: Recent graduates

Award Type:
Other Awards/Resources

Award Period:
Post Graduate School

Disciplines / Areas of Study or Interest:
Social work/public service/government

Additional Qualifications:
U.S. Citizen or eligible non-citizen; legal resident of NYS

Last Updated:
July 19, 2018

Last Updated: 9/12/17