Faculty Loan Repayment Programs

 

As funded under the American Recovery and Reinvestment Act of 2009 (ARRA), the Faculty Loan Repayment Program (FLRP) provides a financial incentive for degree-trained health professionals from disadvantaged backgrounds to serve as a faculty member in an accredited, eligible health professions school in the following disciplines: allopathic, osteopathic, podiatric or veterinary medicine; dentistry, pharmacy, optometry, nursing (RN or Advanced Practice RN), physician assistants, allied health or graduate programs in public health or behavioral and mental health for a minimum of 2 years.

Deleted 04/02/2020 (Archived.) 93.409 Agency: Department of Health and Human Services
Office: Health Resources and Services Administration Direct Payments for Specified Use Not Applicable. American Recovery and Reinvestment Act of 2009 (Recovery Act) Public Law 111-5, Public Law 111-5. Individuals from disadvantaged backgrounds who:
(1) are U.S. citizens (either U.S. born or naturalized), U.S. nationals or Lawful Permanent Residents; 2) have a degree or certificate in one of the following health profession disciplines: allopathic, osteopathic, podiatric or veterinary medicine; dentistry, pharmacy, optometry, nursing (RN or Advanced Practice RN), physician assistants, allied health, or graduate programs in public health or behavioral and mental health; or are enrolled in an approved graduate training program in one of the health professions listed above, or are enrolled as full-time students (in the disciplines listed above) at an accredited health professions institution and are in the final course of study or program leading to a degree from that institution; (3) have a minimum 2-year employment commitment from an eligible health professions school for a full-time or part-time faculty position; (4) have a written agreement with the eligible health professions school for equivalent loan repayment; and (5) be currently repaying qualifying educational loans. See above. Applicants should review the individual HRSA Application and Program Guidance issued under this CFDA program for any required proof or certifications which must be submitted prior to or simultaneous with submission of an application package. This program is excluded from coverage under 2 CFR 200, Subpart E - Cost Principles. Preapplication coordination is not applicable. Environmental impact information is not required for this program. This program is excluded from coverage under E.O. 12372. This program is excluded from coverage under 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. FLRP applications are generally solicited by a program announcement posted on the HRSA Web site at www.HRSA.gov
FLRP awards are based on a percentage of the eligible applicant's outstanding balance of qualifying educational loans (the maximum amount is $40,000 for 2 years). Payments are made to individuals via electronic direct deposit. Recipients of a FLRP award will receive a contract signed by Secretary of HHS or his/her designee.

All qualified applications will be forwarded to an objective review committee. Based on the advice of the objective review committee, the HRSA program official with delegated authority is responsible for final selection and funding decisions.

Notifications are made by email. Contact the headquarters or regional office, as appropriate, for application deadlines. From 90 to 120 days. Not Applicable. Not Applicable. The applicant will be rated on the extent to which the individual meets the intent of the program to expand disadvantaged representation in health professions faculty positions. Funds will be used to repay eligible health professions educational loans incurred by the applicant in return for serving a minimum of 2 years as a full-time or part-time faculty member at an accredited health professions college or university, in one of the following disciplines: allopathic, osteopathic, podiatric or veterinary medicine; dentistry, pharmacy, optometry, nursing (RN or Advanced Practice RN), physician assistants, allied health or at a school offering graduate programs in public health or behavioral and mental health. Recipients of a FLRP award will receive a contract signed by the Secretary of HHS or his/her designee. The Faculty Loan Repayment Program will pay up to $20,000 a year in return for a two year service obligation, based on the participant’s outstanding balance of qualifying educational loans (the maximum amount is $40,000 for 2 years). All projects funded with ARRA funds are subject to special quarterly reporting requirements as outlined in Section 1512 of the Recovery Act. Cash reports are not applicable. Progress reports are not applicable. Expenditure reports are not applicable. Performance monitoring is not applicable. No audits are required for this program. No Data Available. This program has no statutory formula.
Matching Requirements: (1 – 100 percent) - Institutions may submit a full match (100%), partial match (1-99%) or request a waiver. The employing institution is required for each year of service to make payments in an amount equal to the amount of principal and interest payments made by the Secretary. These payments must be in addition to the recipient’s salary the individuals otherwise would receive. However, the Secretary may waive this requirement if it is determined that it would impose an undue financial hardship on the institution involved. A consideration for waiver will be based on required documentation submitted by the institution which must include financial statements to support hardship.
This program does not have MOE requirements. Assistance is available for 2 years and the time is specified in the contract. See the following for information on how assistance is awarded/released: Direct Deposit into recipients account through PSC. None. NURSE Corps Loan Repayment Program, Division of Health Careers and Financial Support, Bureau of Health Workforce (BHW), Health Resources and Services Administration, 5600 Fishers Lane, Room 9C-16, Rockville, MD 20857. Telephone: (301) 594-4130. Bureau of Health Workforce (BHW), Health Resources and Services Administration, Nurse Corps Loan Repayment Program 5600 Fishers Lane, Room 9C-14, Rockville, Maryland 20857 Phone: 301-594-4130 http://www.hrsa.gov/loanscholarships/repayment/faculty/ 75-0351-0-1-550. (Direct Payments for Specified Use) FY 14 $0; FY 15 est $0; and FY 16 est $0 Not applicable. Not Applicable. Not Applicable.