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Faculty Loan Repayment Program Now Open!

May 25, 2016

Application cycle is open

The 2016 Faculty Loan Repayment Program application cycle is now open and will close on June 30, 2016 at 7:30 p.m. ET.

Read the 2016 Application and Program Guidance (PDF – 374 KB) carefully before you start your 2016 Faculty Loan Repayment Program application.

Technical Assistance

Participate in the Faculty Loan Repayment Program Technical Assistance Conference Call:
Date/Time: June 9 from 2 p.m. – 4 p.m. ET
Dial-in: 1-888-982-4610
Passcode: 2741206

About the program

The Faculty Loan Repayment Program provides loan repayment to individuals who have an interest in pursuing a career as a faculty member in a health professions school. Program applicants must be from a disadvantaged background, have an eligible health professions degree or certificate, and have an employment commitment as a faculty member at an approved health professions institution for a minimum of two-years.

Benefits

Program participants receive funds (up to $40,000 for two-years of service) to repay the outstanding principal and interest of qualifying educational loans. The qualifying educational loans must be obtained prior to the application deadline of June 30, 2016.

Funding Preferences

To obtain funding preference an applicant must:

  • Be employed full-time or part-time at an eligible health professions school
  • Submit a written agreement that the school will match the award payment from the Faculty Loan Repayment Program

Apply Now

Video: 2016 Faculty Loan Repayment Program

Learn More
Application and Program Guidance (PDF – 374 KB)
Faculty Loan Repayment Fact Sheet (PDF – 240 KB)

Questions?
1-800-221-9393
(TTY: 1-877-897-9910)
Weekdays (except Federal holidays), 8 a.m. to 8 p.m. ET

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