Currently, HESAA administers the following loan redemption programs. A summary of each program and eligibility requirements is available by clicking on each link:
On December 14, 2018, Governor Phil Murphy signed into law The New Jersey STEM Loan Redemption Program. This program
offers an incentive for professionals to build and maintain their career in certain high-growth occupations in science,
technology, engineering, and mathematics (STEM) fields in New Jersey. This incentive will support innovative New Jersey
businesses in attracting and retaining the talent they need for success and growth.
The program offers student loan redemption in exchange for an employee’s commitment to full-time employment in a
designated high-growth STEM occupation at an employer in New Jersey for a period of at least four years and up to eight
years. After certification that an employee has worked for at least four years in a designated high-growth STEM
occupation in New Jersey, program participants are eligible to have up to $2,000
of eligible student loan expenses redeemed each year, for up to four years, up to a maximum of $8,000. Of
the annual $2,000 loan redemption payment, $1,000 will be funded by the New Jersey Higher Education Student Assistance Authority (HESAA) through a State appropriation, with the balance matched
by an equal contribution from the participant’s current employer. Employers could also request approval from HESAA for
others forms of contribution with similar value.
To qualify for loan repayment assistance, an applicant must meet all of the following requirements:
This new loan redemption plan was signed into law on December 14, 2018 and was effective immediately. The first
applications for STEM loan redemption will be accepted in December 2022 and first redemption payments will be
issued in December 2023. This program is subject to available funds. For more information or additional questions, please email Client_Services@hesaa.org.
One pressing challenge facing New Jersey's criminal justice system today is the retention of qualified prosecutors and public defenders. This program is designed to attract and retain talented attorneys in the service oriented public sector. Qualified attorneys who would be interested in public interest law often forego these careers because of the overwhelming student debt burden assumed during their education. Loan Redemption programs such as the John R. Justice Loan Redemption program are successful in attracting and retaining capable attorneys to careers that they might otherwise not consider.
This program is supported through a federal grant and is offered contingent upon receiving those funds.
To qualify for loan repayment assistance, an applicant must:
Be currently employed full-time by the State of New Jersey as an eligible prosecutor or public defender, and
Have eligible outstanding federal student loan debt in good standing with each lender
Complete the application process and be selected to participate
Sign a service agreement committing to remain employed as an eligible public defender or prosecutor for up to least three years
The most secure and preferred way to send us documents is by uploading your documents on our website at www.njclass.org,
using the ‘Upload Documents’ link under ‘Welcome New Borrowers’. The passcode is njclass13. Please use JRJ2020 for the
NJCLASS File Number and the NJCLASS Reference Number may remain blank. If you are unable upload your documents, you may
send them via regular mail to HESAA, Special Loans Unit – JRJ, PO Box 549, Trenton, NJ 08625-0549 or email to
firstname.lastname@example.org. We look forward to hearing from you soon.
Frequently asked questions are posted
Interested candidates who need more information may contact HESAA at 800-792-8670, ext. 5535.
The National Health Service Corps (NHSC) awards scholarships and loan repayment to primary care providers in eligible
For details and application information on this federal loan redemption program, visit https://nhsc.hrsa.gov/loan-repayment/index.html
Program Objective: To address the current and projected critical shortage of nurse faculty in the State of New Jersey by providing an incentive for persons to enter graduate nursing education programs by offering student loan redemption in exchange for full-time faculty employment at a school of nursing in the State of New Jersey for a five-year period following completion of the approved graduate degree program.
Eligible Participants must:
"Eligible student loan expenses" means the cumulative total of the annual State of New Jersey and/or Federal student loans covering the cost of attendance at an approved graduate degree program. Interest due on student loans obtained by an applicant is eligible for reimbursement.
"eligible institution" means a school of nursing that is nationally accredited and licensed by the New Jersey Board of Nursing or a nursing program at a Commission on Higher Education licensed institution of higher education that is nationally accredited and licensed by the New Jersey Board of Nursing.
Frequently Asked Questions
The Primary Care Practitioner Loan Redemption Program promotes access to primary care services in medically underserved areas of the State by improving the distribution of primary care health providers, including physicians, dentists, physician assistants, certified nurse practitioners and certified nurse midwives, by providing for the redemption of eligible student loan expenses of providers in exchange for a specified period of service in medically underserved areas. Funding for this program is subject to state appropriations.
The program will provide up to $120,000 in student loan redemption for two to four years of service as a primary care provider in areas of medicine defined by the Commissioner of Health and Senior Services or the U.S. Department of Health and Human Services in areas ranked by the Commissioner of Health and Senior Services reflecting a health professional shortage. Funding for this program is subject to state appropriations and available funding.
Application and Selection
Applicants must submit a completed program application for consideration. Accepted applicants without a placement will
be matched to a State designated underserved area. To remain in the program applicants must complete the six-month
probationary period and receive a recommendation to continue participation in the program, either at the current site or
at a different approved site. Satisfactory completion of the probationary period will be considered final acceptance as
a program participant and the applicant will receive full credit for the probationary period in the calculation of the
first full year of service. Participants do not need to reapply to remain in the program but will need to execute a new
contract for participation in the third and fourth year of the program.
Policy and Procedures
Q & A
Placement Site Eligibility
The federal government offers other loan forgiveness programs. For more information on the federal programs, such as Teacher Loan Forgiveness or Public Service Loan Forgiveness click here.