The mission of the General Research Loan Repayment Program (General LRP) is to attract talented researchers to public service as employees of the NIH using loan repayment as an economic incentive to embark on biomedical research careers, using loan repayment as an incentive. Generally, those at a tenure track or above level are given priority for funding of LRP awards.
A pilot initiative of $20,000 per year in loan repayment (plus tax reimbursement) is currently available to fellows offered employment by the NIH in subspecialty and residency training programs.
Eligible applicant must have an MD, D.O., DDS DMD, DPM, DVM, PhD, AND/BSN or equivalent degree; have total qualifying debt in excess of 20% of annual NIH salary. Qualifying fellows must hold a three-year appointment at the NIH beginning in July of 2006.