Allied Health Student Loan-for-Service Program

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

Description

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

Ethnicity

  • Not Applicable

Other Restrictions

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

Citizenship

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

More Information

http://www.hed.state.nm.us/students/alliedheatlh_lfs.aspx

Financial Aid Division
New Mexico Higher Education Department
1068 Cerillos Road
Santa Fe, NM 87505
Phone: 1-800-279-9777
Fax: 505-476-6500
Email: highered@che.state.nm.us