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NIH offers $35,000 in annual student
loan repayment
The National Institutes of Health (NIH) is accepting applications to
its five Loan Repayment Programs (LRPs) for qualified students seeking
reimbursement on health profession education debt.
The five LRPs offered by the NIH include the Clinical Research LRP,
Clinical Research LRP for Individuals from Disadvantaged Backgrounds,
Contraception and Infertility Research LRP, Health Disparities Research
LRP, and Pediatric Research LRP.
Through these programs, NIH offers to repay up to $35,000 annually of
the qualified educational debt of health professionals pursuing careers
in biomedical and behavioral research. The programs also provide
coverage for federal and state tax liabilities.
To qualify, applicants must possess a doctoral-level degree, devote 50
percent or more of their time to research funded by a non-profit
organization or government entity (federal, state or local), and have
educational loan debt equal to or exceeding 20 percent of their
institutional base salary. Applicants must also be U.S. citizens,
permanent residents or U.S. nationals to be eligible.
NIH LRPs offer an easy and effective way for research scientists to
focus more on medical research and less on repaying student loans, said
Norka Ruiz Bravo, deputy Director for Extramural Research at the NIH.
Since 2002, about 4,800 qualified health professionals have benefited
from nearly $300 million disbursed in loan repayment support, he said.
All applications must be completed by 8 p.m. EST, Dec. 1. Visit http://www.lrp.nih.gov to apply.
Friday, Sept. 29, 2006
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