The New Mexico Health Professional Loan Repayment Program (HPLRP) aims to provide repayment for outstanding student loans of practicing health professionals. As a condition of the program, a health professional must make a three-year service commitment to practice full-time in a designated medical shortage area in New Mexico. The HPLRP is a competitive program. Application to the program does not guarantee funding. Applicants must have been New Mexico residents for 12 consecutive months. They must be licensed or certified in the State of New Mexico; employed full-time (36 hours); and are currently providing clinical care to patients. The New Mexico Health Advisory Committee reviews each individual application, assigning a score using a matrix in the following areas: HPSA Score (Federal); Service Area; Area Health Statistics Key Indicators (determined by the New Mexico Department of Health); Population Served. Priority will be given to those applicants working in designated areas of greatest need. If a program participant does not comply with the terms of the participation agreement, the department shall assess a penalty of three times the amount of the award disbursed, plus eighteen percent interest. Please visit the award's website or contact the New Mexico Commission on Higher Education for more information.