National Health Service Corps Loan Repayment Program
The National Health Service Corps (NHSC) offers a loan repayment program in which physicians and other health professionals who agree to serve in federally-designated shortage areas of the U.S. are eligible for loan repayments up to $60,000 for the first two years of service up to 170,000 for 5 years of service. With six or more years of service the NHSC will repay the total debt.
The NHSC Loan Repayment Program is looking for physicians who have completed their residency requirements in the following areas: Family Medicine; General Pediatrics; General Internal Medicine; General Psychiatry; or Obstetrics/Gynecology. The listing of service sites is updated annually. Both rural and urban sites are included. Recipients apply to one of ten regional areas in the U.S. in which they wish to work and for which they are licensed. More information regarding this program may be obtained by visiting the NHSC Loan Repayment website:
National Health Service Corps
Indian Health Service Loan Repayment Program
The Indian Health Service Loan Repayment Program is offered to health professionals who agree to work in health facilities specifically serving American Indians and Alaska Natives for a minimum of two-year service obligation. Participants are eligible for loan repayments of up to $20,000 annually, in addition to a tax adjustment which is sent directly to the IRS. Preference is given to applications made by those identifying as American Indian/Alaska Native. For more information, visit the website listed below:
Indian Health Service
National Institutes of Health
The National Institutes of Health (NIH) offer several loan repayment programs to those pursuing careers in biomedical, behavioral, social and clinical research, repaying up to $35,000 each year in qualified student educational loan debt in exchange for a two-year commitment in clinical research work. Individuals who wish to apply to these programs must provide assurance to the NIH that they will be provided with research support for two years from an Institute, Center, or Division (ICD) Personnel Department at the NIH. For a more detailed description of this program visit the website below:
Pisacano Scholars Leadership Program
This program is designed to provide educational services, leadership training, and funding to reimburse a portion of medical school related debt. Scholarships will be awarded to outstanding medical students for a four-year period. Students who have made a commitment to the field of family medicine and who will enter their fourth year of medical school in the fall may apply. The PLF will award scholarships with a maximum value of $28,000 each. For additional information contact Jane Ireland at email@example.com, (888) 995-5700 ex: 1249. Applications are available at http://www.fpleaders.org .
Application deadline: March 1
American Academy of Family Physicians
A directory listing Funding Resources for Practice in Underserved Areas (particularly women, minorities, new physicians, international medical graduates, and those who identify as LGBT) can be obtained through the American Academy of Family Physicians. This resource identifies and describes financial aid programs, scholarships, fellowships, grants, awards and other incentives to attract and retain health care personnel in scarcity areas.
The Health Professions Loan Repayment Program
The U.S. Air Force, Army and Navy offer financial assistance programs (FAPS), which supplement a resident's salary with an annual grant and monthly stipend in return for Active Duty service upon completion of residency. The benefits and length of service vary among the branches. Find out more about each branch by visiting the following websites:
U.S. Air Force HPSP