Is there a loan repayment program for faculty who work in a health profession?
Yes. It is called the Faculty Loan Repayment Program (FLRP). FLRP provides financial incentive for degree-trained health professionals to pursue academic careers. If selected, you must agree to serve on the faculty of an accredited health professions school for a minimum of two years. In return, the Federal government agrees to pay, for each year of faculty service, up to $20,000 of the outstanding principal and interest on the participant’s educational loans. Another program is the NIH (National Institute of Health) Loan Repayment Program. This program aims to attract health professionals to careers in clinical, pediatric, health disparity, or contraceptive and infertility research.