Allied Health Student Loan-for-Service Program

New Mexico Higher Education Department
Type Loan Forgiveness
Amount $12,000
Duration 1 Year


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

As a condition of each loan, the student shall declare his/her intent to practice as a health professional in a designated shortage area. 

For every year of service, a portion of the loan will be forgiven.  If the entire service agreement is fulfilled, 100% of the loan is eligible for forgiveness.  Penalties may be assessed if the service agreement is not satisfied.

What are the eligible requirements?

New Mexico residents

  • Attend a public, post-secondary institution in New Mexico
  • Undergraduate or graduate
  • Enroll at least half-time
  • Demonstrate financial need


  • Not Applicable

Other Restrictions

NM resident’ enrolled in accredited [program ; submit Financial Aid Form


This funding opportunity requires applicants to hold U.S. Citizenship.

More Information

Financial Aid Division
New Mexico Higher Education Department
1068 Cerillos Road
Santa Fe, NM 87505
Phone: 1-800-279-9777
Fax: 505-476-6500