Allied Health Loan For Service Program – New Mexico

Type
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Description

The purpose of the Allied Health Loan-For-Service is to increase the number of physician assistants in areas of the state which have experienced shortages of health practitioners, by making educational loans to students seeking certification/licensure in an eligible health field which include the following:

  • Physical therapy
  • Occupational therapy
  • Speech-language pathology
  • Audiology
  • Pharmacy
  • Respiratory Care
  • Laboratory Technology
  • Mental Health-Social Services
  • Emergency Medical Services
  • Nutrition
  • Dental Hygiene

As a condition of each loan, the student shall declare his/her intent to practice as a health professional in a designated shortage area within the state of New Mexico.
For every year of service provided in a designated shortage area within New Mexico, a portion of the loan will be forgiven. If the entire service agreement is fulfilled, 100% of the loan is eligible for forgiveness. Penalties will be assessed if the service agreement is not satisfied.