State Loan Repayment Programs (SLRPs) are programs designed to help medical professionals in repaying their student loans in exchange for serving in approved sites, typically in rural or underserved communities. These programs are funded by the state government, and some states receive grants from the Health Resources and Services Administration (HRSA) to support these initiatives.
With over 40 states receiving grants from the Health Resources and Services Administration (HRSA) to fund these programs, the opportunities to make a difference are abundant.
Don’t be fooled by the different names these programs go by — whether it’s called an incentive plan, loan forgiveness plan, or scholarship — they all serve the same purpose of supporting those who dedicate their careers to serving others.
Related: Do Healthcare Workers Qualify for Loan Forgiveness?
The National Health Service Corps (NHSC) has all the information you need, including a database of State Loan Repayment Programs, and you can always reach out to your SLRP contact or State Office of Rural Health for more details.
Eligible medical professionals for SLRPs can include physicians, nurse practitioners, physician assistants, dental professionals, mental health professionals, registered nurses, pharmacists, and substance abuse counselors, among others. The eligibility criteria, service obligations, and loan repayment amounts can vary between states.
In the end, SLRPs are a way for medical professionals to turn their passion for serving others into a tangible reality, with funding and resources available through the HRSA and the National Health Service Corps.