All branches of the United States government offer unrestricted grants for student loan debt. Student loans may be repaid by any of 175 student loan repayment programs offered by the federal government. Attorneys, doctors, paralegals and nurses can repay unrestricted amounts on their student loans through any of the student loan repayment programs. Loan repayment grants also may be applied to postgraduate research studies. Student loan repayment programs finance innovative technology and renewable energy.
Loan Repayment Program for General Research
The U.S. Department of Health and Human Services National Institutes of Health has $4.9 million to fund research that furthers its mission. United States citizens with B.S.N., M.D., Ph.D., D.D.S. or D.V.M. degrees may apply for the unrestricted debt repayment research grants. Loan repayment awards range from $6,000 to $105,000 for three years. Average loan repayment amount is $102,000. The grants include $2,966 to $51,896 to reimburse tax paid on student loans. Applications are reviewed within 120 days.
National Institutes of Health
U.S. Department of Health and Human Services
Building 2, Room 2E18
2 Center Drive
Bethesda, Maryland 20892-0230
301-402-1283
lrp.nih.gov
National Health Service Corps Loan Repayment Program
The U.S. Department of Health and Human Services Health Resources and Services Administration reimburses student loans for registered nurses, who sign two-year contracts to work in critical shortage facilities (CSF). These are health care facilities with severe nursing shortages. The grant pays 30 percent of the registered nurse's remaining student loan balance each year or $60,000 total. A third optional year pays 25 percent of the remaining loan balance. Applications are available on the Health Resources and Services Administration website. Payments are given out quarterly.
National Institutes of Health
U.S. Department of Health and Human Services
Building 2, Room 2E18
2 Center Drive
Bethesda, Maryland 20892-0230
301-402-1283
lrp.nih.gov
Civil Legal Assistance Attorney Student Loan Repayment Program
The U.S. Department of Education Student Loan Repayment Program has a $5 million fund to reimburse attorneys who work in civil legal assistance service. A certificate from the employer certifying completion of one year of employment in civil legal assistance is necessary to receive the annual payments. For each year of successful employment, the attorney receives $6,000 off his student loan balance to a maximum of $40,000. The student loans must be in good standing, not in default. The Department of Education reserves the right to terminate the contract after one year of service. The department must be reimbursed if the attorney is terminated before completing the contract.
Federal Student Aid Information Center
Department of Education
400 Maryland Ave., S.W.
Washington, District of Columbia 20202
800-433-3243
studentaid.ed.gov
Indian Health Service Educational Loan Repayment Program
The U.S. Department of Health and Human Services Indian Health Service Educational Loan Repayment Program has $21.7 million for grants to recruit trained health professionals for Indian health clinics and hospitals. The Indian Health Service repays student loans for health professionals, who serve the clinic or hospital for at least two years. The Indian Health Service program repays up to $20,000 each year for two years. The awards range from $3,000 to $48,000 over the two years. The average award is $43,315 because recipients are given an additional 20 percent of the loan payment each year for taxes. To be eligible, licensed health care professionals must be enrolled in an accredited course of study and meet the standards for civil service. Applicants must submit a transcript with a health care degree, a license to practice, a graduate transcript and all loan documentation. Grant applications are approved or disapproved in 60 or 90 days. Loan payments are annual.
Grants Policy Office
12300 Twinbrook Parkway, Suite 360
Rockville, Maryland 20852
301-443-5204
ihs.gov
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