Are there any programs or incentives for students who take on student loan debt?

Yes, there are programs and incentives for students who take on student loan debt in California. The Golden State Loan Repayment Program (GSLRP) is a grant-funded incentive program that helps recent graduates of California universities manage and repay their student loans. Under the program, eligible individuals can receive up to $10,000 in loan repayment assistance for qualified loans. Eligibility requirements for GSLRP include: graduating from a college or university in California with an undergraduate or graduate degree; have an eligible loan servicer; have completed federal student loan entrance counseling; and, have an income-based repayment plan for federal student loans. Another incentive for students taking on student loan debt is the College Student Loan Debt Program (CSLDP). The CSLDP helps California students manage their debt and complete their degree by providing grants that can be used to pay student loan debt. The grants are offered on an annual basis and can cover up to 100% of the student’s federal loan debt. Eligibility for the CSLDP includes: being an undergraduate or graduate student enrolled in an accredited college or university in California; having a federal student loan servicer; and, having an income-based repayment plan for federal student loans. These programs and incentives are beneficial for students who take on student loan debt because they can help provide the financial assistance needed to make payments on their loans and complete their degree.

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Are there any programs or incentives for students who take on student loan debt?

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