[The following is a press release from the Department of Health and Human Services]
Health and Human Services Secretary Kathleen Sebelius announced the availability of nearly $200 million from the American Recovery and Reinvestment Act (ARRA) to support student loan repayments for primary care medical, dental and mental health clinicians who want to work at National Health Service Corps (NHSC) sites.
The NHSC is now accepting applications for Loan Repayment Awards funded by $200 million ARRA funds. Applications will be accepted continuously until funds are expended or September 30, 2010, whichever comes first.
The NHSC Loan Repayment Program provides $50,000 (or the outstanding balance of qualifying student loans if it is less than $50,000), tax free, to primary care medical, dental and mental health clinicians in exchange for two years of service at an approved site in a Health Professional Shortage Area. Upon completion of the service commitment, clinicians may be eligible to apply for additional support for extended service. (more…)