NHSC Loan Repayment Continuation award amounts have changed?

[Ruprick]

Advertisement - Members don't see this ad

http://nhsc.hrsa.gov/currentmembers/loanrepaymentrecipients/fornewmembers/continueserving.pdf

The amounts used to be $30,000 for 3rd & 4th years (maybe even 5th) & $20,000 every following year until debt was paid off. For those of us with significant debt, this was a real attractive, tax-free option.

The new amounts of $20K & $10K respectively have me less incentivized to go beyond four years. (I'm just beginning year #3). I wonder if old NHSC LRP recipients are grandfathered in to the old amounts?

 

[freaker]

Sounds like an excellent way to decrease interest in the program.

 

[tobi44]

does that apply to people already awarded scholarships? Or people that will apply in the future?

 

[freaker]

All funding scheduled to end in 2015.

 

[smq123]

All funding scheduled to end in 2015.

Yes, the current funding is scheduled to run out October 2015. http://clinicians.org/national-health-service-corps-funding-update/

Hopefully they find a way to keep the program funded.

 

[Shikima]

Goes unfunded - good luck in getting physicians to high need areas. Especially primary care and psychiatry.