Loan Repayment for Physicians Q: What is the Physicians for Rural Areas Assistance Program (PRAA)?
The PRAA offers up to $25,000 per year in repayment of existing medical education debt to physicians. – Physicians must practice in a board approved county with 35,000 or fewer residents, according to the 2000 US Census. – Physicians who fail to complete their obligations to the state are required to pay two times the amount of unpaid principal that has not been repaid through service. – Additionally, recipients of State Medical Education Board Scholarships are eligible to participate with extended service commitment. Q: Who is eligible to apply? -Physicians in their final year of residency who have secured a practice opportunity in a qualifying location or physicians who are currently in practice in a qualifying rural Georgia county -U.S.
