The 2015 Faculty Loan Repayment Program application cycle is now open
The 2015 Faculty Loan Repayment Program application cycle is now open. All completed applications must be submitted by June 25, 2015 at 7:30 pm ET to be considered for an award. Please refer to the Application and Program Guidance on the Faculty Loan Repayment Program website for all of the program requirements.
The Faculty Loan Repayment Program supports health professions educators who are from disadvantaged backgrounds and serve a vital role in preparing the next generation of health care professionals. The financial assistance offered through the Faculty Loan Repayment Program decreases the economic barriers associated with pursuing a career as a health professions educator preparing the next generation of health professionals.
Prospective Applicants Should Know:
- The Faculty Loan Repayment Program will provide a lump sum, up to a maximum of $40,000, for a two-year service commitment at an eligible accredited public or non-profit private health professions school. In addition, the Faculty Loan Repayment Program requires a funding match from the applicant’s health professions school, which helps program participants further reduce their educational debt.
- Faculty Loan Repayment Program participants who have additional qualifying loans once their service commitment is complete may re-apply for an additional loan repayment contract in exchange for another two-year service commitment.
Applicants are encouraged to complete their application as early as possible. Please visit the Faculty Loan Repayment Program website to learn more.
Thank you.
The Faculty Loan Repayment Program