NIH Offers $35,000 in Annual Student Loan Repayment
Starting Friday, September 1, 2006, the National Institutes of
Health (NIH) will begin accepting applications to its five Loan
Repayment Programs (LRPs). Deadline for applications is December
1, 2006.
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
Research 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 to research funded by a 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 at the NIH. “Since 2002, approximately
4,800 qualified health professionals have benefited from nearly
$300 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. EST, December 1,
2006. Visit www.lrp.nih.gov to
apply.
In brief: The application cycle for the NIH
Loan Repayment Programs opens September 1, 2006, and closes December
1, 2006. 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 www.lrp.nih.gov.
The Office of the Director, the central office at NIH, is responsible
for setting policy for NIH, which includes 27 Institutes and Centers.
This involves planning, managing, and coordinating the programs and
activities of all NIH components. The Office of the Director also
includes program offices which are responsible for stimulating specific
areas of research throughout NIH. Additional information is available
at http://www.nih.gov/icd/od/.
The National Institutes of Health (NIH) — The Nation's
Medical Research Agency — includes 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 it investigates the causes, treatments, and cures for both
common and rare diseases. For more information about NIH and
its programs, visit www.nih.gov. |