The Rugby Job Development Authority is now accepting applications for the Student Loan Assistance Program.
Assistance is available to individuals employed full-time in Rugby.
Recipients will be eligible to receive $125 per month for two years, paid directly to their student loan account.
To be eligible for the assistance program, applicants must maintain full-time employment within Rugby for the duration of participation in the program.
Priority will be given to those employed within their field of education.
Deadline for applications December 1st.
Applications can be downloaded below or can be picked up in person at the Rugby Job Development Authority Office.
A completed application must include the applicants name, contact information, position within the Rugby area, all relevant student loan account and payment information, a completed IRS form W-9, and a letter of certification of employment from the business owner or government entity. The letter of certification should include verification of employment in the Rugby area.
RE: ND Career Builders Loan Repayment Program Rugby Job Development Authority Private-Sector Match
Purpose: To qualify for the ND Career Builders loan repayment program, the Rugby JDA, an applicant’s employer, or another business entity must have committed funds to “match” state dollars.
The Rugby Job Development Authority will agree to commit funds to match “state” dollars up to $8,500 or maximum allowed under the NDUS Career Builders Program (whichever is less) for eligible applicants employed in Rugby over the 3 year required period. The committed funds will be paid to the NDUS under program guidelines and applied to the applicant’s outstanding student debt and “match” state dollars. The number of applicants funded and the amount matched is contingent upon Rugby Job Development Authority (Rugby JDA) funding. Therefore, not all applicants are assured funding.
Please contact the Rugby JDA for match eligibility and details. 701-776-7655 or firstname.lastname@example.org