Student Loan Repayment Program to Attract Graduates to Floyd

Floyd County, VA – Talent Attraction Program (TAP) enables recent graduates to participate in a loan repayment program if they choose to reside in Floyd County. The purpose of the program is to encourage graduates from 2018 and later to live in the Tobacco Region and replaces the previous 4-year loan forgiveness program. By requiring specific credentials, community involvement, and jobs in fields that are currently experiencing a workforce shortage, TAP can better recruit talent to meet the needs of the community. TAP now provides larger individualized awards that provide up to $12,000 annually, with a minimum of a two-year commitment, and the opportunity for award renewal with the repayment funds maxing at $48,000.

“This is an excellent opportunity for recent college graduates from the region seeking jobs in these fields. It is also a great boost to new or existing businesses in Floyd County in attracting talent.” – Lydeana Martin, Community and Economic Development Director

Within the parameters of the program and specific to Floyd County, recent graduates can work for companies like:

Hollingsworth & Vose
Citizens Telephone Cooperative
Crenshaw Lighting
Wall Residences
Carilion Clinic
Tri Area Health Center

Other eligible work includes teaching in STEM or Career and Technical fields in Floyd County Public Schools, which is in the process of upgrading and reimagining the Floyd County Career and Technical Education Center for the New Economy as the Collaboration & Career Development Center. To read more about TAP and its eligibility requirements, click HERE. ###Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.” Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.