Service-based Loan Repayment Program

Loan repayment programs are sponsored by national, state and local governments and some private organizations. Typically after completing a residency, physicians are recruited to practice in designated health professional shortage areas. Benefits vary, but on average participants provide service for two to four years (depending on the number of years they received support) in exchange for living stipends and repayment of educational loans. The programs listed are a sample of those available; contact the financial aid office or the medical school's family medicine department for more information.

Association of American Medical Colleges(services.aamc.org) -- The AAMC provides a directory of state loan repayment programs with service commitments. The programs listed are only a sampling of those available. See your financial aid advisor for more information.

Indian Health Service (IHS) Loan Repayment Program(www.ihs.gov) -- The IHS Loan Repayment Program awards up to $20,000 per year for repayment of student loans in exchange for serving an initial two years at an Indian health program site.

National Center on Minority Health and Health Disparities(www.nimhd.nih.gov) -- Participants are offered loan repayment to develop research programs that reflect an understanding of the variety of issues and problems associated with disparities in health status. Eligible applicants include racial and ethnic minorities and other underrepresented individuals. There is a minimum two-year time commitment required.

National Health Service Corps (NHSC) Loan Repayment Program(nhsc.hrsa.gov) -- The National Health Service Corps offers loan repayment for primary care physicians in exchange for service in an approved site in a Health Professional Shortage Area. The amount offered through this program ranges from $30,000 to total debt coverage depending on terms of service.

NHSC Scholarships(www.nhsc.hrsa.gov) -- Scholarships are offered to students dedicated to a career in primary care. After residency completion, you will choose a practice site that is in a federally designated health professional shortage area and is identified as having the greatest need. The period of service is one year for each year of scholarship support, with a two-year minimum commitment.

U.S. Department of Health and Human Services Bureau of Health Services Primary Care Loan Programs(bhpr.hrsa.gov) -- Primary care loan programs provide long-term, low interest rate loans to full-time, financially needy students to pursue a degree in allopathic or osteopathic medicine. See the AAMC directory of state loan repayment programs above for a list of states that have active programs.

Armed Forces Health Professions Scholarship Programs

Fully-trained clinicians are eligible for loan repayment in exchange for service in an eligible community. Contact a recruiter at the branch of service that interests you for more information.

U.S. Air Force(www.airforce.com)

U.S. Army(www.goarmy.com)

U.S. Navy(www.navy.com)