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You will be able to continue
accessing your account through
this website through May 31,
2014. Effective June 1, 2014 it
will no longer be available.


 

 


 

Wyoming Investment in Nursing
Program (WYIN)

Loan Forgiveness
Your loan balance will be reduced on the basis of one year of full-time employment in Wyoming as a nurse or nurse educator, repaying the loan balance of one academic year of full-time enrollment, or $12,000 whichever is less. If you work less than full time, qualified work will be credited on a proportional basis with 2080 hours considered one full year. Work shall be performed within the following time period: beginning the day after you receive your nursing license and are employed as a nurse or nurse educator. Repayment terms are:

  • If the loan can be repaid with work of 2 years or less, within 3 years
  • If the loan can be repaid with work of greater than 2 years, but no more than 4 years, within 5 years 
  • If the loan can be repaid with work of greater than 4 years, within the amount of time the loan could be repaid plus 2 years

Conditions for forgiving a WYIN loan after graduation:

  • You have 45 days from your graduation date to take your licensure exam (NCLEX)
  • Once you receive your nursing license, you must provide a copy to Align
  • Once you have your license, you have 90 days to seek employment within the State of Wyoming
  • After you have secured employment, your must notify Align of your employer’s name, address, and phone number
  • When you’ve been employed for 10 months, your employer must complete a form verifying your employment and send it to Align
  • Upon employment verification, your loans will be forgiven at the rate listed above

Your loan will be converted to loan repayment if:

  • You fail to complete the program for which you received the funds 
  • You failed the licensure exam and do not re-take it at the next available opportunity
  • You fail the licensure exam twice
  • You do not find a job within 90 days of licensure
  • You stop working in Wyoming as a nurse or nurse educator
  • You do not repay the full amount of your loan through work within the timeframes prescribed

There is a $50.00 minimum payment per customer.

Wyoming Invest in Nursing loans default in 90 days if payments are not made!

Contact Us 307-638-0800 or 1-800-999-6541. We’ll talk you through the entire process!

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