Several public and private-sector programs can
assist medical students with loan repayment.
Commonwealth of Massachusetts
Massachusetts Loan Repayment Program
Amount: Program repays up to $25,000 of qualifying loans per
year of service.
Eligibility:
Component A - Primary care physicians who are U.S. citizens
and willing to serve for two years in a public and/or nonprofit
agency located in a federally designated health professional
shortage area (HPSA).
Component C - Primary care physicians who make a commitment for 2
years of full-time work or the equivalent extended commitment of
part-time work in an eligible health care organization.
Application Deadline: Applications accepted on a rolling basis
and reviewed quarterly.
New Hampshire Charitable Foundation
The New
Hampshire Charitable Foundation offers scholarship assistance for students
enrolling in medical school. Individual awards are $10,000 and may be
renewed during doctoral studies.
Applications are available from
the New Hampshire Charitable
Foundation or its online
application portal.
If there are
questions about eligibility or other questions about how to apply, contact the
Student Aid Office at the Foundation at (603) 225-6641.
Federal Agencies
National
Health Service Corps Loan Repayment Program
- Will repay loans up to $60,000 per year, based on the
participant's qualifying educational loans, in exchange for a
two-year minimum service commitment. Selected applicants agree to
provide full-time primary care services in an approved practice
site.
Faculty Loan
Repayment Program (FLRP)
Indian
Health Service (IHS) Loan Repayment Program
- Loan repayment of $20,000 per year (in addition to
contracted salary and benefits) in return for two continuous years
of service at an IHS or similar Indian health program site
Armed Forces Health Professions Loan Repayment
Program
Amount of loan repayment, eligibility, and service commitment
vary among the military branches and with active duty, reserve, and
National Guard status. Current or former Armed Forces scholarship
recipients are ineligible. For branch-specific information:
Massachusetts League of Community Health Centers
Community Health Center Provider Loan Repayment Program
This private-sector loan repayment program offers medical and nursing school loan repayment to primary care physicians and nurse practitioners who make a two-to-three year commitment to practice at one of the state's 52 community health centers.
This program is managed by the Massachusetts League of Community Health Centers, and is funded by donations from Bank of America, Commonwealth of Massachusetts, Neighborhood Health Plan, Blue Cross and Blue Shield Foundation of Massachusetts and Partners HealthCare.
