The 2014 Faculty Loan Repayment Program application cycle is now open. All completed applications must be submitted by June 26, 2014 at 7:30 pm ET to be considered for an award. Please refer to the Application and Program Guidance 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 healthcare 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 partial or full 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 begin their application as soon as possible. On average an application can take up to a couple weeks to complete.
Please encourage applicants to participate in the technical assistance conference call listed below where questions will be addressed.
- Date: May 27, 2014
- Time: 1:00 – 3:00 pm ET
- Dial 1-888-391-7045, Passcode: 2240736
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