LRP offers redemption of up
to $120,000 over a four-year period of service for eligible qualifying
education loans. Qualifying loans are the cumulative outstanding
balance of educational loans for medical, dental or other health
professional education at the time service obligation begins.
Examples of loans that qualify
include but are not limited to the following: Federally Insured
Student Loans (FISL), Perkins loans, PLUS (student loans), Supplemental
Loan for Students (SLS), Health Professions Student Loan (HPSL),
Health Education Assistance Loan (HEAL), New Jersey College Loan
to Assist State Students (NJCLASS), other State loans, other Federal
Please note: Loans incurred
for undergraduate education are not eligible for redemption.