Federal and State Student Loan Repayment Programs Rachel Ruddock Recruitment and Retention Services...
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Federal and State Student Loan Repayment Programs Rachel Ruddock Recruitment and Retention Services Manager Michigan Center for Rural Health (517) 355-7758 [email protected]
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Transcript of Federal and State Student Loan Repayment Programs Rachel Ruddock Recruitment and Retention Services...
Federal and State Student Loan
Repayment ProgramsRachel Ruddock
Recruitment and Retention Services ManagerMichigan Center for Rural Health
(517) [email protected]
Michigan Center for Rural Health (MCRH)
O Serve as the State Office of Rural Health (SORH)
O Point of contact for rural health issues and initiative across MI
O Work with EMS, hospitals, and rural health clinics in all 57 rural counties of MI
O Partner with MDHHS, federal agencies and organizations such as Michigan Health Council, Michigan Primary Care Association
Federal and State Loan Repayment Programs
O Federal and state programs exist to assist primary care clinicians (medical, dental, behavioral health) who elect to work in a health professional shortage area (HPSA) in out/patient setting
O Medical primary care defined as Family, Internal, OB/GYN, Pediatrics, Geriatrics, Med-Peds, Psychiatry
O Clinicians include MD/DO, Dentists, Nurse Practitioners, Certified Nurse Midwives, Physician Assistants, Psychologists, MSWs
Federal and State Loan Repayment Programs, cont.O Participants must be U.S. citizens or
nationalsO Receive up to $200,000 for 8 years
of service/ 25k per yearO Both programs require employment
in a Health Professional Shortage Area (HPSA) designation (MSLRP) or designation and score of 14 or above (NHSC LRP)
Health Professional Shortage Area (HPSA)
O Designations and scores given by HRSA to counties, populations, or facilities that have a shortage of providers (medical, dental, mental)
O Scores are on a scale of 0-26; a higher score indicates a greater need
O Find HPSA designations and scores at www.hpsafind.hrsa.gov
National Health Service Corps Loan Repayment Program (NHSC LRP)
O Federally appropriated dollars provided to primary care clinicians in full-time (40 hours/week) out/patient primary care practice
O Must work in a HPSA area/facility with a minimum score of 14 or above in order to be a competitive applicant
O No longer the best option for rural clinicians
Michigan State Loan Repayment Program (MSLRP)
O State appropriated dollars provided to primary care clinicians in full-time (40 hours/week) out/patient primary care practice
O Emphasis placed on HPSA designation, not score (key difference between MSLRP and NHSC)
O Employer is required to contribute 20% match for each year provider participates in program (MSLRP only)
MSLRP, cont.O Starting now, a calculation will be
used to determine funding per year – e.g., $50k in student debt will be divided by 8 and multiplied by 2 for the yearly award amount: 50,000/8 x 2 = $12,500 (maximum award per year)
O Application cycle: January – April, however applications are batched and reviewed at the end of every month; apply in January
ResourcesO Michigan Center for Rural Health:
www.mcrh.msu.eduO National Health Service Corps:
www.nhsc.hrsa.govO Michigan State Loan Repayment
Program: www.michigan.gov/mslrpO HPSA Find: www.hpsafind.hrsa.gov
Contact
Rachel RuddockRecruitment and Retention Services
ManagerMichigan Center for Rural Health
(517) [email protected]
