Between managing patient care and long, often irregular hours, the last thing you should have to worry about is your student loan debt. Given nearly 70% of nursing graduates carry around an average of $37,000 in loans, financial challenges can feel overwhelming when paired with a demanding work environment.

That’s why Laurel Road offers tailored resources and services designed to help nurses like you take control of your financial wellbeing, which can help to lighten the load so you can focus on what you do best – caring for others. Keep reading to learn more!

1. Choose a Bank That Works for Nurses

Laurel Road, a digital banking platform, is leading the way for nurses who want to find freedom from the stress of student loan debt and build a successful financial future. Laurel Road strives to be a trusted partner for its members at every financial milestone, with the technology and simplicity members expect from a digital innovator, and the transparency and security they deserve from a bank. With Laurel Road’s free student loan consultations products tailored to the unique needs of healthcare professionals, any nurse can chart a path toward debt repayment.

2. Get Expert Help From a Student Loan (Forgiveness) Consultation

To help you understand all your student loan repayment and forgiveness options, Laurel Road Student Loan Freedom^SM starts with a free consultation call with a student loan specialist. Laurel Road’s student loan experts can analyze a borrower’s student loans and financial goals, and create a personalized plan, whether it’s federal student loan repayment and forgiveness, or refinancing.

Sign up for a student loan (forgiveness) consultation today!

3. Tackle Debt Head-On with Laurel Road Student Loan Freedom^SM

Depending on your plan, nurses can track progress towards student loan freedom and get ongoing guidance. Laurel Road Student Loan Freedom^SM includes an enhanced suite of student loan solutions including consultation, forgiveness counseling memberships for nurses enrolled in Income-Driven Repayment (IDR) or Public Service Loan Forgiveness (PSLF) program, Freedom Plus Checking, and refinancing. Through these comprehensive offerings, you can find the right student loan management solution for your specific financial needs.

Sign up for Laurel Road Student Loan Freedom^SM

4. Open a Freedom Plus Checking Account

When you sign up for a PSLF or IDR Counseling membership, you can also add on a Freedom Plus Checking Account and get a discounted annual membership fee. Freedom Plus Checking offers a simpler way to manage student loan payments, with convenient forgiveness tracking through online banking, available on mobile app. You can also manage your payments and view your estimated forgiveness amount, send and receive money with Zelle®, deposit checks, and pay bills.

Open a Freedom Plus Checking account

6. Earn More with a Laurel Road High Yield Savings^® Account

Earn more interest than an average savings account with a Laurel Road High Yield Savings^® (HYS) account. With an annual percentage yield (APY) of 4.00%¹, you can build your wealth by simply having money in the bank.

Laurel Road’s HYS account requires no minimum balance to open, and you can earn interest on your entire account balance. No monthly account maintenance fees are required and all deposits are FDIC-insured up to $250,000. Use Laurel Road’s convenient High Yield Savings calculator to discover what you could save compared to the national average APY with other savings accounts.

Download the Laurel Road mobile app through Apple or Google.

7. Tailored Financial Resources for Nurses

The team at Laurel Road understands the financial burden that student loans can put on public service workers like you and have developed extensive resources specifically tailored to help you learn about your student loan options.  Laurel Road’s financial resource hub for nurses offers an extensive library of interactive financial education content for several nursing specialties. RNs and APRNs can choose from specialized courses that can help you reach your financial goals.

Discover your student loan solution today!

Stress Less with Financial Solutions Tailored to Nurses

Nurses shouldn’t have to stress about student loans, and Laurel Road wants to ease those worries. Through banking and loan repayment options tailored to nurses, Laurel Road can help you reach your unique financial goals and find freedom from student loan stress.

The variable Annual Percentage Yield (APY) indicated is accurate as of 01.23.2025 and is subject to change at any time. No minimum balance is required to earn the APY. Fees may reduce earnings on the account.  For current rates: <High Yield Savings - General >