IHS Loan Repayment Program Accepting Applications
The Indian Health Service (IHS) is
accepting applications for its Loan Repayment Program (LRP). This program
offers health care professionals, including physical therapists, the
opportunity to pay off qualified student loans to meet the staffing needs of
Indian health programs. There is an estimated $20 million available for
awards during Fiscal Year 2013. The LRP awards up to $20,000 per year in
exchange for a minimum 2-year service obligation, plus 20% of federal income
tax on the award (see payments and examples).
Applications are accepted and
evaluated monthly until funds are exhausted. February 15 is the first award
cycle deadline. August 16 is the last award cycle deadline. Visit the LRP website for more
information, eligibility
requirements,
and to apply.