New Mexico Health Professional Loan Repayment Program

New Mexico Higher Education Department
Type Loan Forgiveness
Amount $35,000

Description

The Health Professional Loan Repayment Program (HPLRP) provides repayment for outstanding student loans of practicing health professionals.  As a condition of the program, a health professional must make a two year service commitment to practice full-time in a designated medical shortage area in New Mexico.

 
The following health occupations are given priority in funding: allopathic physician, osteopathic physician and physician assistants, advanced practice nurses, allied health care providers, mental health care providers, podiatrists, optometrists, and dentists. Specialists in medical/dental fields are encouraged to apply.
 
 
NMHED does not keep a specific list of eligible sites. However, NMHED will NOT consider for-profit sites or private practice sites, generally speaking. Most not-for-profit publicly funded sites as well as Federally Qualified Health Centers in New Mexico will score well. Please also refer to Question 5, regarding the scoring process.
 
HPLRP is a competitive program and awards are given based on a scoring process used to rank applicants. Applications are reviewed by the Health Advisory Committee on a case-by-case basis using the scoring process. Priority is given to applicants working in designated areas of greatest need. Application to the program does not guarantee funding.

Other Restrictions

Applicants must have the following minimum requirements: * U.S. Citizen * Licensed or certified in the state of New Mexico by the date funding begins * Preference is given to graduates of New Mexico public post-secondary institutions * Preference is given to New Mexico residents * Applicants must provide proof of eligible educational loan debt

Citizenship

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

More Information

http://hed.state.nm.us/students/health_lrap.aspx

New Mexico Higher Education Department
Attn: Financial Aid Division
2048 Galisteo Street
Santa Fe, NM 87505-2100