Jamestown (JSDC) At their March 9 meeting, the JSDC Board unanimously approved assisting employers who participate in the ND Career Builders Loan Repayment Program.
This new Program is a partnership between business, employees, and the
state to incentivize work in high-need and emerging occupations. Employers can utilize this program to recruit and retain talented employees by matching state dollars. Individual recipients may qualify for up to $17,000 lifetime under the program which is $8,500 of private-sector and $8,500 state funding. JSDC will reimburse 25% of the private-sector funds. For example, if Company Y contributes $8,500, they would be eligible for $2,125 of reimbursement from the JSDC program.
Qualifications Individuals newly hired into their current position in 2019 or later. Individuals who graduated from a qualifying program of study and hold a balance on a non-defaulted student loan Individuals who live AND work (in a high-need or emerging occupation) within North Dakota Those who have matching private sector dollars.
For more information on the ND Career Builders Scholarship & Loan Repayment Program, give Corry a call at 701.252.6861. To check out other incentives offered by JSDC, check out our Financial Incentives page. Jamestown/Stutsman Development Corporation 701.252.6861 | info@growingjamestown.com | www.growingjamestown.com
STAY CONNECTED Jamestown/Stutsman Development
Corporation | 120 2nd St SE, PO Box 293, Jamestown, ND 58401
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