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( -- 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( -- The IHS Loan Repayment Program awards up to $40,000 for repayment of student loans in exchange for a two-year commitment to practice in health facilities serving American Indian and Alaska Native communities.

National Center on Minority Health and Health Disparities( -- 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.

National Health Service Corps (NHSC) Loan Repayment Program( -- The National Health Service Corps offers up to $50,000 toward loan repayment for licensed health care providers in exchange for two years of service at an approved site.

NHSC Students to Service Loan Repayment Program( -- Medical students may earn up to $120,000 in their final year of school in exchange for a commitment to serve at least three years at an approved NHSC site in a Health Professional Shortage Area of greatest need.

NHSC Scholarships( -- Scholarships are offered to students dedicated to a career in primary care. After residency completion, you will serve at a practice site that is in a Health Professional Shortage Area of greatest need. The period of service is one year for each year of scholarship support, with a two-year minimum commitment.

Public Service Loan Forgiveness Program( -- The Public Service Loan Forgiveness Program forgives the remaining balance on an individual's Direct Loans after he or she has made 120 qualifying monthly payments under a qualifying repayment plan while working full-time for a government or not-for-profit organization.

U.S. Department of Health and Human Services HRSA Primary Care Loans( -- Primary care loan programs provide long-term, low-interest loans to full-time, financially needy students to pursue a degree in allopathic or osteopathic medicine. Students must enter and complete residency tranining in primary care within four years after graduation, and practice in primary care for the life of the loan. 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(

U.S. Army(

U.S. Navy(