Health Professional Loan Repayment Program

 

Purpose

 

The purpose of the Health Professional Loan Repayment Program (HPLRP) is to provide for repayment of 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 program is federally and state funded.  Health Professionals practicing in a federal Health Professional Shortage Areas (HPSA) will be offered federal funding first and will receive the highest priority.  Health professionals eligible for state funding will have their application reviewed by the Health Advisory Committee.  The committee will use an approved scoring procedure to rank the applicants.    

 

The following health occupations are eligible:  allopathic physician, osteopathic physician and physician assistants, advanced practice nurses, allied health care providers, podiatrists, optometrists, and dentists.

Specialists in medical/dental fields are encouraged to apply.

 

Priority will be given to those applicants working in designated areas of greatest need. Decisions on funding will be made on a case-by-case basis.

 

 

Federally Qualified Health Centers in New Mexico

 

 

How much is the award?

 

• Maximum of $25,000 per year
• For those working in a federal Health Professional Shortage Areas (HPSA) will be offered awards up to $35,000 per year
• May be eligible for renewal

 

 

What are the eligibility requirements?

 

• U.S. Citizen
• Licensed or certified in the state of New Mexico
• Preference is given to graduates of New Mexico public post-secondary institutions
• Preference is given to New Mexico residents.

 

 

How do I apply?

 

Submit the Health Professional Loan Repayment Program Application to:

 

New Mexico Higher Education Department

            Attn:  Financial Aid Division

            1068 Cerrillos Road

            Santa Fe, NM  87505

 

 

When is the deadline?

 

HPLRP APPLICATION  must be postmarked by May 1, 2008. New applications will be available on March 1, 2008.

 

 

Current HPLRP participants:

 

Click here to download the Employment Verification Form form.