HRSA Announces 2018 Faculty Loan Repayment Program

May 31, 2018

The Health Resources and Services Administration (HRSA) just announced its 2018 Faculty Loan Repayment Program, and it is accepting applications through June 28. The Faculty Loan Repayment Program provides individuals who have an interest in eligible health profession careers, such as medical laboratory science, with financial support to help pay off outstanding educational loans by serving as faculty members at accredited and eligible health professions schools. Participants will receive up to $40,000 for two (2) years of service to repay the outstanding principal and interest of qualifying educational loans.

Applicants must obtain all qualifying educational loans prior to the application deadline of June 28, 2018. ASCP encourages interested individuals to apply as soon as possible. To be eligible, all applicants must: (1) come from a disadvantaged background, based on environmental and/or economic factors, (2) have an eligible health professions degree or certificate, and (3) have an employment commitment as a faculty member at an approved health professions institution for a minimum of two years. HRSA will be hosting a Faculty Loan Repayment Program Technical Assistance Call on Thursday, June 7 from 3-4:30 p.m. ET. Dial-in: 1-888-889-4957 Passcode: 9769247. Apply Here.