Healthcare Education Loan Repayment Program (HELP) – AHEC Program
The Hawai‘i/Pacific Basin Area Health Education Center is pleased to announce the Healthcare Education Loan Repayment Program (HELP), funded by the Hawai‘i State Legislature. HELP provides qualified educational loan debt repayment to health professionals licensed, or otherwise certified, to practice in and provide care to patients in Hawai‘i. The Internal Revenue Service defines Qualified Educational Loans under 26 USC 221(d)(1). The State expects HELP to help improve the number of providers in medically underserved areas of Hawai‘i, as well as improve the recruitment and retention of healthcare workers caring for the people of Hawai‘i by lessening the burden of large educational debt.
Hawaiʻi State Loan Repayment Program (HSLRP) – AHEC Program
The Hawaii State Loan Repayment Program (HSLRP) is a federal grant to pay off educational loans for primary care and behavioral health providers who care for patients at non-profit organizations in designated Health Professional Shortage Areas of Hawaii. It is designed to incentivize care in the areas of Hawaii where it is most needed.
All HSLRP sites are required to be public or nonprofit private entities located in and providing health services in HPSAs that see all patients regardless of their ability to pay.
National Health Service Corps (NHSC) Scholarship and Loan Repayment Programs
Description: Licensed primary care clinicians in eligible disciplines can receive scholarships and/or loan repayment assistance through a NHSC Scholarship and/or Loan Repayment Program.
Awardees must serve at least two years at a NHSC approved site located within a Health Professional Shortage Area (HPSA) with a qualifying score. Qualifying scores may change each year. After completing the service commitment, you may renew for another service commitment for additional loan repayment. Because there is no conflict between the NHSC and Public Service Loan Forgiveness program, it is possible to apply and participate in both programs concurrently.
Nurse Corps Scholarship and Loan Repayment Programs
The purpose of the Nurse Corps Scholarship and Loan Repayment Programs is to assist in the recruitment and retention of professional Registered Nurses (RNs), including Advanced Practice Registered Nurses (APRNs), dedicated to working in critical shortage facilities that need more nurses. Nurses working towards an associate or a higher degree are eligible for the scholarship program. Nurses who have completed an associate or a higher degree are eligible for the loan repayment program. Also nurse faculty with eligible loans teaching at an eligible nursing school may apply.
Awardees must serve at least two years at a critical shortage facility located within a Health Professional Shortage Area (HPSA). After completing the service commitment, you may renew for another service commitment for additional loan repayment. Because there is no conflict between the Nurse Corps and Public Service Loan Forgiveness program, it is possible to apply and participate in both programs concurrently.
Public Service Loan Forgiveness
The PSLF Program forgives the remaining balance on your Direct Loans after you have made 120 qualifying monthly payments under a qualifying repayment plan while working full-time for a qualifying employer. If you are employed by a U.S. federal, state, local, or tribal government or not-for-profit organization, you might be eligible for the Public Service Loan Forgiveness Program. Keep reading to see whether you might qualify.
Specialty Education Loan Repayment Program (SELRP)
provides financial assistance to physicians in the form of a loan repayment to recent graduates of an accredited medical or osteopathic school, and are currently enrolled or matched to a residency identified as a shortage by the U.S. Department of Veterans Affairs (VA). The loan repayment is $40,000 a year with a maximum of $160,000. In return the recipient would agree to serve in a clinical practice at a VA facility for a period of 12 months for each $40,000 of loan repayment with a minimum of 24 months of obligated service.
VA Health Professional Scholarship Program
Provides financial assistance to students receiving education or training in a direct or indirect health-care
services discipline (Title 38 and Hybrid Title 38 occupations); and assists in providing an adequate supply of
such personnel for the Department of Veterans Affairs (VA). HPSP helps the Veterans Health Administration
(VHA) meet its need for qualified healthcare professionals for which recruitment or retention is difficult.
Each year the VA assesses the needs based off the annual workforce data. To see the specialties eligible for
scholarships see the HPSP portal listed below
National Institute of Health Loan Repayment Program
The NIH Loan Repayment Programs (LRPs) are a set of programs established by Congress and designed to recruit and retain highly qualified health professionals into biomedical or biobehavioral research careers. The escalating costs of advanced education and training in medicine and clinical specialties are forcing some scientists to abandon their research careers for higher-paying private industry or private practice careers.