|NIH Offers $35,000 in Annual Student Loan Repayment
In brief: The application cycle for the NIH
Loan Repayment Programs opens September 1, 2005, and closes December
1, 2005. The NIH awards up to $35,000 annually in student loan
repayments to health professionals engaged in qualifying research.
Details and the online application are available at http://www.lrp.nih.gov.
Bethesda, Maryland — Starting Thursday,
September 1, 2005, the National Institutes of Health (NIH) will
begin accepting applications to its five Loan Repayment Programs
(LRPs). Deadline for applications is December 1, 2005.
The five LRPs offered by the NIH include the Clinical Research
LRP, Clinical Research LRP for Individuals from Disadvantaged Backgrounds,
Contraception and Infertility Research LRP, Health Disparities
LRP, and Pediatric Research LRP.
Through these programs, the NIH offers to repay up to $35,000
annually of the qualified educational debt of health professionals
pursuing careers in biomedical and behavioral research. The programs
also provide coverage for federal and state tax liabilities.
To qualify, applicants must possess a doctoral-level degree, devote
50 percent or more of their time (20 hours per week based upon
a 40-hour work week) to research funded by a domestic non-profit
organization or government entity (federal, state, or local), and
have educational loan debt equal to or exceeding 20 percent of
their institutional base salary. Applicants must also be U.S. citizens,
permanent residents, or U.S. nationals to be eligible.
“The NIH Loan Repayment Programs offer an easy and effective way
for research scientists to focus more on medical research and less
on repaying student loans,” says Dr. Norka Ruiz Bravo, Deputy Director
for Extramural Research. “Since 2002, nearly 4,000 qualified health
professionals have benefited from more than $225 million disbursed
in loan repayment support. Through these programs, the NIH has
opened doors for many young scientists to launch careers in research
without the burden of student loan debt.”
All applications must be completed by 8 p.m. eastern time, December 1,
2005. Visit http://www.lrp.nih.gov to
The National Institutes of Health (NIH) — The Nation's
Medical Research Agency — is comprised of 27 Institutes
and Centers and is a component of the U. S. Department of Health
and Human Services. It is the primary Federal agency for conducting
and supporting basic, clinical, and translational medical research,
and investigates the causes, treatments, and cures for both common
and rare diseases. For more information about NIH and its programs,