Kentucky State Loan Repayment Program Now Accepting Applications From Healthcare Professionals

0

HAZARD, Ky. (August 16, 2022) — The Kentucky State Loan Repayment Program (KSLRP) is now accepting applications from medical professionals seeking help repaying their student loan debt.

The Kentucky Office of Rural Health (KORH) serves as the administrator for the KSLRP, which is funded by the National Health Service Corps, a federal program administered by the Health Resources and Services Administration, an agency of the U.S. Department of Health and Human Services social.

The Loan Repayment Assistance Scheme provides financial support to practicing clinicians to recruit and retain them in rural and underserved communities across the Commonwealth. Applicants selected to participate in the competitive program agree to work full-time for two years providing primary care services at an eligible practice site located in one of Kentucky’s healthcare professional shortage areas. KSLRP participants receive tax-free student loan repayment rewards in exchange for their commitment to service.

The scholarships range from $20,000 to $50,000 per year, an increase from previous years. The amounts of the scholarships depend on the disciplines and specialties of the candidates, the level of indebtedness and the level of commitment of the sponsor.

The current application window is one month, from August 1 to September 1. The deadline to submit completed application materials is Thursday, September 1 at 5 p.m. ET.

Eligible KSLRP applicants include Physicians, Physician Assistants, Nurse Practitioners, Certified Nurse Midwives, Registered Nurses, Dentists, Certified Dental Hygienists, Certified Clinical Social Workers, Certified Professional Clinical Counselors, Psychologists health services, marriage and family therapists, psychiatric nurse specialists, alcohol and drug counselors and pharmacists.

Program service commitments are typically fulfilled at federally licensed health centers, rural health clinics, community mental health facilities, state and county health department clinics, free clinics, critical access hospitals affiliated with a qualified outpatient clinic, correctional or custodial facilities, and private practices. Practice sites must be public or private non-profit entities.

KSLRP is a 50/50 matching program: For every federal dollar provided by KSLRP, participants must have a 1:1 match from a sponsoring source. Sponsors may include employers on their service site; private foundations, corporations, community organizations and/or philanthropies; and, rural-oriented organizations requesting that their funds be used to support the placement of practitioners in rural areas.

New program participants must begin their service engagement in January 2023.

The program also allows former participants to apply for one-year extension contracts.

Program guidelines and all application materials are available online at kslrp.kyruralhealth.org.

For more information, please contact Lisa Garza (KSLRP@uky.edu; 606-439-3557 ext. 83490).

The Kentucky Office of Rural Health (KORH), established in 1991, is a federal-state partnership authorized by federal law. The British Rural Health Center of Excellence, located in Hazard, serves as Kentucky’s federally designated rural health office. KORH works directly with clinicians, clinic and hospital administrators, policy makers and other stakeholders to improve the accessibility of health services for rural and underserved Commonwealth residents. The office connects communities and health care organizations to local, state, and federal resources while working toward long-term solutions to financial, quality improvement, and workforce challenges.

Share.

Comments are closed.