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Loan Repayment/Forgiveness Programs Fact Sheet
    Loan Program/ New Mexico

Name of Program:

Allied Health Loan-for-Service Program

Program Web site:

http://www.hed.state.nm.us/students/alliedheatlh_lfs.aspx

Designation (Fund Source):

State

Eligible Specialties:

Students in allied health program - Physical therapy, Respiratory Care, Occupational therapy, Laboratory Technology, Speech-language pathology, Mental Health Services-social, Audiology, Emergency Medical Services, Pharmacy, Nutrition and Dental Hygiene

Service Requirements (formerly Service Stipulation):

The student shall declare his/her intent to practice as a health professional in a designated shortage area within the state of New Mexico.

Who Can Apply:

NM resident; attend a public post-secondary institution in New Mexico; undergraduate or graduate, demonstrate financial need

Deadline(s):

The application opens every year on May 15th and closes on July 1st.

Repayment/Scholarship terms:

For every year of service, a portion of the loan will be forgiven. If the entire service agreement is fulfilled, 100% of the loan is eligible for forgiveness.

Amount of repayment per year of service:

Up to $12,000 per year

How to Apply:

Additional Information/Comments:

The award is for a period of one year but may be renewable for up for four years upon resubmission of an application each year.

Contact person(s):

Name, title:

Heather Romero,  Financial Aid Director

Agency name:

New Mexico Higher Education Department

Address:

2048 Galisteo St, Financial Aid Division,
Santa Fe, NM 87505-2100

Phone:

(800) 279-9777

FAX:

(505) 476-8454

E-Mail:

fin.aid@state.nm.us

   

Name, title:

Mia  Candelaria, Financial Aid Program Coordinator

Agency name:

New Mexico Higher Education Department

Address:

2048 Galisteo Street,
Santa Fe, NM 87505-2100

Phone:

(800) 279-9777

FAX:

E-Mail:

fin.aid@state.nm.us

   
 

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