student loan forgiveness rural health

For more information: NURSE Corps Loan Repayment Program Fact sheet Length of time for service: 2-year minimum (4-year maximum conditional support) Contact state office for specifics. If you teach full-time for five complete and consecutive academic years in certain elementary or secondary schools or educational service agencies that serve low-income families, and meet other qualifications, you may be eligible for forgiveness of up to a combined total of $17,500 on eligible federal student loans. We use this for award funds if you receive an award. How to Apply In addition to asking the HR department at your hospital, you can check out this directory of hospitals with loan forgiveness programs . What are the eligible disciplines and specialties? The Rural Practice Loan Forgiveness Program was developed to help supplement the healthcare workforce in South Carolina, especially rural, underserved areas. Approved site types: NHSC Types of Sites The Rural Revitalization Now Act will provide up to $50,000 in student loan forgiveness for borrowers who commit to living and working in rural areas for eight or more years. Student loan forgiveness programs can help you lower your monthly payment, shorten your loan term, and ultimately achieve tax-free forgiveness in as soon as 10 years. One of the more well-known programs, Public Service Loan Forgiveness (PSLF), was created in 2007 under the College Cost Reduction and Access Act. Many states offer additional state-appropriated funds for health professions loan repayment or forgiveness programs. Approved site types: NHSC-approved sites Print and keep a copy of your completed application package for your records. This will provide evidence-based substance use treatment, assist in recovery, and prevent overdose deaths across the nation. Professions: Vary by state. Since 2003, the Kentucky State Loan Repayment Program (KSLRP) has served as a recruitment and retention tool to reduce health workforce shortages in rural and underserved locations throughout the state. Funding: Federal In exchange for varying levels of loan repayment/forgiveness from the federal and/or state government, providers work at an approved site in an underserved area for a certain amount of time (often subject to increase, if desired). Resubmit your final, complete application by the application deadline. Your continued interest in receiving an award. The National Health Service Corps (NHSC) Rural Community Loan Repayment Program (LRP) is for providers working to combat the opioid epidemic in the nation’s rural communities. If you still wish to participate in the program, you will need to submit a new application during a future NHSC Rural Community LRP application cycle for first-time participants. Money available per applicant: Scholarships include tuition, fees, reasonable costs, and a monthly living stipend while in school. Oregon Health Care Provider Incentive Loan Repayment was established by the Oregon Legislature to help support underserved communities in their recruitment and retention of high quality providers who serve patients regardless of their source of coverage (Medicaid, Medicare, private etc.) Money available per applicant: Repays 60 percent of a qualifying educational loan balance in exchange for two years of service at a critical shortage facility. Obtain your DATA 2000 waiver and award preference for some upcoming loan repayment program applications. It takes three weeks to complete an application. This includes required and supplemental documentation. Once you submit the online application, you may make edits, upload new documents, etc. Laura Grangaard is a Research Analyst for Stratis Health. Maine Health Professions Loans, plus interest, must be repaid if a loan recipient is not an eligible practitioner (such as a physician, general dentist, or veterinarian) or practices outside of Maine. Grangaard can be reached at: LGRANGAARD@stratishealth.org. You will receive final notification of an award, including your service obligation dates, no later than September 30. Provide answers in your application that match your supporting documents. To find more information about these programs, contacting the State Office of Rural Health, Primary Care, Workforce, or related offices (the location of these programs varies by state) would be a good first step. Funding: Federal Depending on the program, the federal HPSA designation may not be a requirement, and the program may also be open in locations that are designated as a Medically Underserved Area (MUA) or provide healthcare services to Medically Underserved Populations (MUP). The Minnesota Office of Rural Health and Primary Care grants Loan Forgiveness to various health care professionals serving in high-need areas. Additional information: Become an NHSC Site Money available per applicant: Funds are not taxable. The Government of Canada offers Canada Student Loan forgiveness to eligible family doctors, residents in family medicine, nurse practitioners, and nurses who work in under-served rural or remote communities that lack the primary health care they need.. For more information: State Loan Repayment Program Fact sheet Funding: State and federal The Health Resources and Services Administration (HRSA) is accepting applications through June 18 for a new student-loan-forgiveness program for behavioral health clinicians working to fight the opioid epidemic in drug-treatment programs in rural underserved areas. In 2010 the Wisconsin legislature established the Rural Physician Loan Assistance Program, which grants physicians practicing in a rural community up to $50,000 in loan assistance funds. If they don’t, we’ll reject your application. HRSA NURSE Corps Loan Repayment Program An NHSC-approved site is a health care facility. 1. Loan repayment/forgiveness programs can be an optimal way to attract needed healthcare professionals. Professions: Licensed registered nurses, advanced practice nurses, nursing faculty, or nurse practitioners This guide was compiled as part of a team project for Rural Health System Analysis and Technical Assistance (RHSATA), a cooperative agreement between the Federal Office of Rural Health Policy, the RUPRI Center for Rural Health Policy Analysis (RUPRI Center) and Stratis Health. To find more information about these programs, contacting the State Office of Rural Health, Primary Care, Workforce, or related offices (the location of these programs varies by state) would be a good first step. (except federal holidays), NHSC Rural Community Loan Repayment Program, Obtain your DATA 2000 waiver and award preference for some upcoming loan repayment program applications, Rural Communities Opioid Response Program (RCORP), SUD/Opioid Expansion New Site Application Instructions, Application Process, Requirements, and Guidance, Bureau of Health Workforce (BHW) Customer Service Portal, U.S. Department of Health and Human Services. Professions: Students accepted or enrolled in a diploma, associate, baccalaureate or graduate nursing programs (including Nursing Bridge Programs: RN to BSN; RN to NP and non-nursing Bachelor’s to NP) ET Loan Forgiveness and Repayment Options. or ability to pay. Funding: Federal/IHS Funds are taxable. Eligible clinicians enjoy the following benefits in exchange for providing substance use disorder and opioid use disorder treatment services at rural NHSC-approved SUD treatment facilities. Participants receive tax-free student loan repayment in exchange for their service commitment. Extension possible on a year-to-year basis. Yes, you may withdraw your application from consideration any time before the Secretary of Health & Human Services (HHS), or their designee, signs the contract. Some examples follow: Other State-based programs Student loan forgiveness is a program that relieves you from paying all or part of the remaining principal and interest owed on your federal student loans in exchange for working for an approved public service agency, government agency, tribal government or non-profit organization. HRSA NURSE Corps Scholarship Program Yes. Email us Wisconsin primary care physicians and psychiatrists practicing in an outpatient setting in a rural* community are eligible for an additional award. Federal Perkins Loan Cancellation. (except federal holidays) The majority of states offer specific loan forgiveness programs for nurses. Applying to a 2021 LRP? Nursing students (accepted or enrolled) receive scholarships for education in exchange for working at an eligible Critical Shortage Facility after completion of education. Before considering these recruitment programs and options, it is useful to understand if your site is in a Health Professional Shortage Area (HPSA), which is required to participate in most programs, and if your site is an approved site type. Important Dates| Determine Your Eligibility | Disciplines | Sites | How to Apply. A United States citizen (U.S. born or naturalized) or United States national; A provider (or eligible to participate as a provider) in the Medicare, Medicaid and the State Children’s Health Insurance Program, as appropriate; Fully trained and licensed to practice in the NHSC-eligible primary care medical, or mental/behavioral health discipline and state in which you are applying to serve;Â, A health professional in an eligible discipline with qualified student loan debt for education that led to your degree; and. Box 570, 912 Wildwood Jefferson City, MO 65102-0570 Phone: 1-800-891-7415 Email (Preferred Method of Contact): DHSS.LoanRepayment@health.mo.gov Approved site types: Public or private nonprofit Critical Shortage Facilities Consider Rural loan balance accept, an award, including your service obligation dates, no later September... 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