Forgivable Loan Undergraduate Graduate

Allied Health Loan-For-Service Program

New Mexico Commission on Higher Education

Varies
Avg. Amount Awarded
363
Days
July 1 2023
Application Deadline
No
Renewable
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What you'll need:
  • Checkmark Application Form
  • Checkmark Application Form May Be Submitted By Email
  • Checkmark Financial Need Analysis
Apply Now
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Allied Health Loan-For-Service Program
Apply Now
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Apply Now
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Description

The purpose of the Allied Health Loan-For-Service is to increase the number of physician assistants in areas of the state which have experienced shortages of health practitioners, by making educational loans to students seeking certification/licensure in an eligible health field. As a condition of each loan, the student shall declare his/her intent to practice as a health professional in a designated shortage area within the state of New Mexico. For every year of service provided in a designated shortage area within New Mexico, a portion of the loan will be forgiven. If the entire service agreement is fulfilled, 100% of the loan is eligible for forgiveness. Penalties will be assessed if the service agreement is not satisfied. The applicant must be a resident of New Mexico for 12 consecutive months and must meet all FAFSA & SAP requirements. The application opens every year on May 15th and closes on July 1st. The Allied Loan-For-Service Program Application will open May 15, 2022. The application and all documents must be submitted within one email in PDF format. Please visit the website for more information.

Amount Details

$12,000
Low Amount Awarded

Eligibility Requirements

  • CheckmarkMust be an undergraduate student or a graduate student
  • CheckmarkMust attend a university, a four-year college, two-year college or a vocational-tech school
  • CheckmarkMust not be attending high school currently
  • CheckmarkBoth full-time and part-time students
  • CheckmarkRestricted to residents of New Mexico
  • CheckmarkRestricted to students studying in New Mexico
  • CheckmarkRestricted to students studying Audiology, Dental Health/Services, Health Administration, Health and Medical Sciences, Pharmacy, Therapy/Rehabilitation, Food Science/Nutrition, Psychology, Social Services

How to Apply

What you'll need:

  • Checkmark Application Form
  • Checkmark Application Form May Be Submitted By Email
  • Checkmark Financial Need Analysis
Contact Dr. Harry Rommel
PhD Financial Aid & Institutional Finance Director
fin.aid@state.nm.us
Tel: 505-795-3287 Address 2044 Galisteo Street
Suite 4
Santa Fe, NM 87505