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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.
The New Jersey STEM Loan Redemption Program offers student loan redemption in exchange for an employee’s commitment to build and maintain a career in certain STEM jobs in New Jersey.
New Jersey STEM Loan Redemption Program. Rolling Application. Eligibility. Employers: Be registered to do business in New Jersey. Provide a matching $1,000 payment per participating employee for each year (up to four years) the employee works at their business and remains in the program.
Who is eligible to participate in the New Jersey STEM Loan Redemption program? New Jersey residents who have graduated from an approved high-growth STEM degree program at a New Jersey college or university and have worked continuously full-time in a STEM occupation in New Jersey for at
14 gru 2018 · This program will provide graduates of New Jersey colleges and universities employed in STEM fields with $1,000 each year for a maximum of 4 years towards their student loans, which will be matched by the participant’s employer.
This program will provide graduates of New Jersey colleges and universities employed in STEM fields with $1,000 each year for a maximum of 4 years towards their student loans, which will be matched by the participant’s employer.
The NJHMFA DPA is for qualified first-time homebuyers to use as down payment and closing cost assistance when purchasing a home in New Jersey. The DPA is an interest-free, five-year forgivable second loan with no monthly payment. To participate in this program, the DPA must be paired with an NJHMFA first mortgage loan.
