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  1. 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.

  2. 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.

  3. Up to $8,000 for those in high-growth STEM occupations in New Jersey. Click here to learn more Eligible behavioral healthcare providers can receive up to $150,000 in student loan redemption for up to six years of service.

  4. New Jersey STEM Loan Redemption Program. Who It’s For: Professionals in certain high-growth occupations in science, technology, engineering, and mathematics (STEM) fields in New Jersey. How to Apply: The first applications for STEM loan redemption will be accepted in December 2022 and first redemption payments will be issued in December 2023 ...

  5. business.nj.gov › funding › stem-loan-redemptionBusiness.NJ.gov

    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.

  6. 14 gru 2018 · TRENTON – Alongside administration officials, Governor Phil Murphy today signed a bill into law establishing a STEM Loan Redemption Program within the Higher Education Student Assistance Authority (HESAA). This program will provide graduates of New Jersey colleges and universities employed in STEM fields with $1,000 each year for a maximum of ...

  7. 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.