Provides loan redemption for certain veterinarians who work at approved site for five years; annually appropriates $500,000.
Introduced First Reading Assembly Referred to AHI
Summary
The bill establishes a Veterinary Medicine Loan Redemption Program that repays eligible student loans for vets who work at approved sites in state‑designated underserved areas for at least five years. It applies to New Jersey‑resident, licensed veterinarians who focus on large‑animal health, and provides up to 100% loan forgiveness for full‑time service (capped at $20,000 per year) or 50% for half‑time service (capped at $10,000 per year). An annual appropriation of $500,000 funds the program.
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