Loan Repayments

Money for Faculty Loan Repayments

(Disadvantaged Health Professions Faculty Loan Repayment Program 93.923)
The Faculty Loan Repayment Program provides a financial incentive for degree-trained health professionals from disadvantaged backgrounds to pursue an academic career. The health professional must agree to serve as a member of a faculty of a health professions school, providing teaching services for a minimum of two years, faculty for schools of medicine, nursing, osteopathic medicine, dentistry, pharmacy, pediatric medicine, optometry, veterinary medicine, public health, or a school that offers a graduate program in clinical psychology. The federal government agrees to pay as much as $20,000 on the individual’s educational loans. Contact the Division of Health Careers, Diversity and Development, Bureau of Health Professions, Health Resources and Services Administration, Public Health Service, U.S. Department of Health and Human Services Administration, Parklawn Building, Room 8-34, 5600 Fishers Lane, Rockville, MD 20857; 301-443-4776; 888-275-4772; Continue reading

Money to Repay Loans

(National Health Service Corps Loan Repayment 93.162)
The National Health Service Corps provides for the repayment of educational loans for health professionals who agree to serve in a health manpower shortage area. Priority is given to primary care physicians, dentists, certified nurse midwives, certified nurse practitioners, and physicians assistants. Money can be used to repay student loans. The amount of money available per professional is up to $25,000 a year during the first two years of practice and $35,000 for each year after that. Contact the National Health Service Corps Scholarships, Division of Scholarships and Loan Repayments, Bureau of Primary Health Care, Health Resources and Services Administration, Public Health Service, U.S. Department of Health and Human Services, 5600 Fishers Lane, Room 8A-55, Rockville, MD 20857; 301-594-4400; 800-221-9393; Continue reading

George Washington Law School Graduates Receive $8,000 Loan Forgiveness

This program is to assist law school graduates working in public interest employment loan forgiveness of up to $8,000 per year. The George Washington Law School Loan Reimbursement Assistance Program requires that all applicants graduated in 1990 or later, must work approximately 30 or more hours/week in a legal public interest job, and your gross annual salary minus your annual law loan repayments is equal to or less than $37,000. Contact The George Washington University Law School, 2000 H Street, NW, Washington, DC 20052; 202-994-6261; Continue reading