nhsc loan repayment program

Here’s how the funding processes work for Full-Time and Half-Time participants: To qualify for up to $50,000 in loan repayment benefits (or the full amount of your loans, if they’re under $50,000), you’ll have to work full-time at an NHSC-approved facility with an NHSC Jobs Center HPSA score of 14 or higher. Finally, after you’ve completed the first 2 year service commitment, you’ll also have the option of applying for extensions in your service contract, and some applicants will even qualify to continue receiving benefits until their entire loan balance is fully paid off! Search for Sites and Job Openings. Montana NHSC Student Loan Repayment Program. Hello everyone! You must have a contract for two years or more. To make sure that you’re dealing with your debt as efficiently as possible, please take a look at my Guides on both Federal and Private student loans, as I’m sure you’ll find something of value! I’ve also heard from several other NHSC recipients that once your in they give you priority for continuation of contract. Find open programs or information on upcoming application cycles. If you want my best advice? Learn more about the NHSC Substance Use Disorder Workforce Loan Repayment Program … Obtain your DATA 2000 waiver and award preference for some upcoming loan repayment program applications. Loan repayment programs offer financial support to health professionals who agree to provide direct patient care in medically underserved areas (for a qualified facility). NHSC Rural Community LRP; however, if awarded they willonly participate in one NHSC loan repayment program at a time. The NHSC’s Loan Repayment Program for primary care, dental, and behavioral health professionals is also currently accepting applications. This page outlines the NHSC Loan Repayment Program in detail, going through all the important details like eligibility rules, options that let you qualify for partial awards, application requirement and frequently asked questions. However, the deadline was Feb 26th. If you’re a licensed primary care medical, dental, or mental/behavioral health provider, you may qualify for this award. This program provides a loan repayment option for providers unable to receive NHSC funding and who have qualified educational loans. You can continue the program for several years to continue paying off your loans and it’s tax free. Sign-up to receive email about future application cycles. Or, you can post comments in the Comments section below, and I’ll do my best to answer any questions within 24 hours. And the cost to become a medical professional has never been this high. Or, you can call the NHSC itself and ask questions, by dialing them at 1-800-221-9393. You have an eligible health professions degree or certificate; You are a faculty member at an approved health professions institution. Search thousands of job and training opportunities The National Health Service Corps Loan Repayment Program (NHSC LRP) is a competitive program that recruits fully trained and licensed health professionals to provide primary medical care, dental care and mental health services at NHSC-approved sites. Use the Health Workforce Connector to. You can participate in multiple NHSC/HRSA student loan programs, as long as you satisfy the eligibility requirements of each program. Instead, the full-time roles are determined by your actual job title, and the field you’re working within, and they’re different for people offering Direct Patient Care vs. The National Health Service Corps (NHSC) offers loan repayment assistance to support qualified health care providers who choose to take their skills where they are most needed. The NHSC loan repayment program offers up to $50,000 in student loan forgiveness to eligible Primary Care Medical, Dental or Mental/Behavioral Health Clinicians. What you really need to keep in mind is that these NHSC programs are funded on a first-come, first-served basis, and that if you don’t get your application in early enough, it significantly reduces the chances that you’ll be approved for the award. The Students to Service Loan Repayment Program (often abbreviated S2S LRP) offers Student Loan Forgiveness Benefits to Doctors and Dentists. The NHSC loan repayment program allows one NHSC Scholar per discipline to serve at a given site within a yearly placement cycle. Eligibility guidelines and criteria vary by program (apply to find out if your workplace qualifies) . Unlike the NURSE Corps program, the award is free from Federal income tax and paid at the beginning of service, allowing you to pay down your loans more quickly. And again, just like we saw with the Full-Time requirements, there are also rules around what constitutes “Half-Time” service, meaning that it’s not just 20 hours of work per week. This year, the National Health Service Corps (NHSC) Loan Repayment Program will dedicate an additional $15 million for awards to clinicians working at Indian Health Service facilities, Tribally-Operated 638 Health Programs, and Urban Indian Health Programs. Date Last Reviewed: May 2017. Montana NHSC Student Loan Repayment Program. To qualify for up to $25,000 in loan repayment benefits (or the full amount of your loans, if they’re under $25,000), you’ll have to work half-time at an NHSC-approved facility with an HSC Jobs Center HPSA score of 14 or higher. I’ve also heard from several other NHSC recipients that once your in they give you priority for continuation of contract. The current opioid crisis is daunting, but the new NHSC loan repayment program will help us make strides in this public health challenge. I don’t have that data for you. Hence, the NHSC isn’t the only option you have, especially if you plan to serve in public service roles such as Military, NGO, or the government. The most important consideration for potential applicants is to apply early, because the applications process is a little involved, and anything missing from your application will mean you aren’t eligible for the benefit. In order to achieve this, people should be eager to operate at a place approved by NHSC. The NHSC Loan Repayment Program AS mentioned earlier, you have a lot of choices if you plan to pursue student loan relief. Therefore, if the NHSC determines that an applicant is eligible for an award in only one NHSC LRP program, the applicant will have an opportunity to accept an award in that particular NHSC program only. 16. The National Health Service Corps (NHSC) offers a scholarship program for medical students, the Students to Service (S2S) Loan Repayment Program for students in their last year of medical school, federal and state Loan Repayment Programs (LRP), and a new Substance Use Disorder Workforce LRP. Tim Marshall June 22, 2015. The National Health Service Corps (NHSC) Loan Repayment Program offers loan repayment to qualified health care professionals practicing primary health care in medically underserved areas, which includes all Indian health facilities. The requirements don’t say anything specific about RNs, and I don’t see them listed under the Disciplines and Specialties section of the requirements, so I’m not sure really. How to Get $50,000 in Student Loan Forgiveness via the NHSC Loan Repayment Program. NHSC: Scholarship and Loan Repayment Programs The National Health Service Corps (NHSC) offers a scholarship program for medical students, the Students to Service (S2S) Loan Repayment Program for students in their last year of medical school, federal and state Loan Repayment Programs (LRP), and a new Substance Use Disorder Workforce LRP. The more people who visit this site, the more time I can dedicate toward updating content, making sure that everything is accurate, and ensuring that people like you have access to all the student loan benefits that you deserve! In addition, your funding level will be partially determined at least in part by where you work, because NHSC takes your job site’s HPSA score into consideration, using it to calculate the amount of money that you’ll receive. Than 40 years, the application period has ended for this award HR department, or health. Employed by NHSC-approved sites it with your friends, family and colleagues true disbursements ) as cost-sharing... 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